Economy – THE OVAL CIRCLE

USA

US Treasury deputy sec warns unvaxxed Americans that shortages will continue until EVERYONE is jabbed

Posted on October 16, 2021October 16, 2021By Editor

The deputy secretary at the US Treasury has put Americans on notice that the only way to end the plague of empty shelves around the country is for every resident to be vaccinated. The frank warning came off as a threat to many. … Read More >US Treasury deputy sec warns unvaxxed Americans that shortages will continue until EVERYONE is jabbed

Business

Is Facebook failing to take responsibility for its content? RT’s Boom Bust investigates

Posted on October 13, 2021October 13, 2021By Editor

Following a disastrous week, Facebook says it is willing to open up its algorithm to federal scrutiny to make sure it is performing as intended and not harming users. … Read More >Is Facebook failing to take responsibility for its content? RT’s Boom Bust investigates

Business

Shelves stripped bare across UK as Brits rush to panic-buy ahead of Christmas

Posted on October 11, 2021October 11, 2021By Editor

The supply crisis in Britain has worsened as deep concerns over supply-chain woes, soaring energy bills, and staff shortages prompted millions of locals to stockpile festive essentials ahead of Christmas, leaving shelves empty. … Read More >Shelves stripped bare across UK as Brits rush to panic-buy ahead of Christmas

Business

Nearly 90% of bitcoin have been mined, and new coin issue unlikely after 2140 – analysts

Posted on October 9, 2021October 9, 2021By Editor

Bitcoin, the world’s largest cryptocurrency, has a capped supply of 21 million coins, with almost 90% already mined. Analysts are now speculating what will happen to the crypto economy when no new coins are being issued. … Read More >Nearly 90% of bitcoin have been mined, and new coin issue unlikely after 2140 – analysts

Business

Global food prices reach record high in September amid harvest issues and rising demand for vegetable oils, sugar & cereals

Posted on October 9, 2021October 9, 2021By Editor

The world’s food price index in September rose for the second consecutive month to its highest level in 10 years, data from a press release of the Food and Agriculture Organization of the United Nations (FAO) shows. … Read More >Global food prices reach record high in September amid harvest issues and rising demand for vegetable oils, sugar & cereals

EU Commission should buy gas on behalf of member states, Spanish PM suggests as solution to spiraling energy prices

Posted on October 7, 2021October 7, 2021By Editor

Spain’s prime minister has proposed that the European Commission (EC) negotiate gas contracts on behalf of all EU member states in order to strengthen cooperation amid soaring gas prices on the global marketplace. … Read More >EU Commission should buy gas on behalf of member states, Spanish PM suggests as solution to spiraling energy prices

Russia

Kiev is unreliable partner for transporting gas to West, top Russian lawmaker argues amid row over decision to circumvent Ukraine

Posted on October 7, 2021October 7, 2021By Editor

The head of Russia’s parliamentary energy committee has warned that Ukraine is an unreliable gas transit partner for both Moscow and the West, arguing its aging Soviet-built pipe network poses serious safety risks for the future. … Read More >Kiev is unreliable partner for transporting gas to West, top Russian lawmaker argues amid row over decision to circumvent Ukraine

Business

Global thirst for oil won’t diminish until 2045, OPEC says

Posted on October 3, 2021October 3, 2021By Editor

Oil demand will grow sharply in the next few years as economies recover from the Covid-19 pandemic, the Organization of the Petroleum Exporting Countries (OPEC) said this week in its 2021 World Oil Outlook. … Read More >Global thirst for oil won’t diminish until 2045, OPEC says

Business

Gas price in Europe sets historic high of $115 per megawatt-hour

Posted on October 3, 2021October 3, 2021By Editor

European gas prices have smashed yet another record, adjusting to almost $115 per megawatt-hour in household terms, Intercontinental Exchange (ICE) data showed. … Read More >Gas price in Europe sets historic high of $115 per megawatt-hour

World

Australia to end emergency Covid income support as vaccine rates rise

Posted on October 1, 2021October 1, 2021By Editor

Australia Treasurer Josh Frydenberg said Wednesday that the government has decided it is time for emergency Covid payments “to come to an end,” as vaccination rates rise and people around the world return to “their normal lives.” … Read More >Australia to end emergency Covid income support as vaccine rates rise

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