Economy – Page 52 – THE OVAL CIRCLE

Norway oil and gas output cut due to strike

Posted on July 7, 2022July 7, 2022By Editor

A protest by offshore workers may cost up to 13% of the country’s total natural gas production. … Read More >Norway oil and gas output cut due to strike

Business

UK urged to brace for economic storm

Posted on July 6, 2022July 6, 2022By Editor

The Bank of England has issued a bleak economic outlook amid spiraling inflation. … Read More >UK urged to brace for economic storm

Business

German banks prepare for energy-related defaults – Bloomberg

Posted on July 6, 2022July 6, 2022By Editor

The country’s lenders are reportedly hoarding cash to support businesses if Russia halts gas supplies. … Read More >German banks prepare for energy-related defaults – Bloomberg

Business

Inflation in Spain hits 37-year high

Posted on July 6, 2022July 6, 2022By Editor

The annual rate surpassed 10% last month, official data shows. … Read More >Inflation in Spain hits 37-year high

Business

Germany posts first trade deficit in 30 years

Posted on July 6, 2022July 6, 2022By Editor

The costs of imports soared while foreign sales dropped for the export-oriented economy. … Read More >Germany posts first trade deficit in 30 years

Business

European gas prices pushing higher

Posted on July 6, 2022July 6, 2022By Editor

Energy prices hit four-month high as a strike in Norway adds to supply woes. … Read More >European gas prices pushing higher

Business

China ramps up Russian coal imports – data

Posted on July 5, 2022July 5, 2022By Editor

Beijing wants to take advantage of steep discounts, experts say. … Read More >China ramps up Russian coal imports – data

Shows

CrossTalk, HOME EDITION: EU-NATO Circus

Posted on July 4, 2022July 4, 2022By Editor

Are the EU and NATO living in alternative realities? Sanctions on Russia are immiserating western consumers. And Brussels refuses to acknowledge that Europe can’t replace Russian energy imports any time soon. On top of this, NATO doubles down on a strategy that has only yielded disaster. Are there any adults in the room? … Read More >CrossTalk, HOME EDITION: EU-NATO Circus

World

Zelensky demands $5 billion a month from NATO

Posted on July 1, 2022July 1, 2022By Editor

Failing to help Kiev would result in a “delayed” war between Russia and the West, Ukrainian leader claimed. … Read More >Zelensky demands $5 billion a month from NATO

Russia

Two countries apply to join BRICS

Posted on June 28, 2022June 28, 2022By Editor

Iran and Argentina see potential in Brazil-Russia-India-China-South Africa bloc. … Read More >Two countries apply to join BRICS

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