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ENERGY CRISIS 2022
Global Market | European companies better positioned to withstand energy price shock than in 2022: AnalystsEuropean companies appear better equipped to withstand rising oil and gas prices than during the 2022 energy crisis, supported by changing ...
Trump has learnt his India lesson the hard way. Will he own up?Donald Trump, who imposed an additional 25% tariff on Indian imports to pressure New Delhi to stop buying Russian oil, has agreed to bring ...
Deadly attacks on Saudi Arabia risk wider war that draws in USYemen’s Houthis have increased their attacks on Saudi Arabia, targeting Riyadh’s main airport this weekend. These strikes resulted in signi...
Saudi airport passenger terminal is struck again, a day after 12 were killedMissile attacks by Houthi rebels have targeted King Khalid International Airport in Riyadh, resulting in multiple casualties. The Saudi-led...
World Bank in talks with 30-40 countries over aid to tackle Middle East energy shockThe World Bank is in talks with numerous countries to address energy price increases stemming from the Middle East crisis. While the global...
US diesel prices surge 70% amid Iran war: Can Trump-Putin deal bring relief to truckers and stop grocery prices from rising?Diesel prices impact on trucking: US diesel prices have surged 70% since the US-Israeli war with Iran began, putting growing pressure on tr...
Trump strikes deal with Putin to get diesel in sharp reversal of US policy weeks before midtermsUS President Donald Trump revealed a new deal with Russia for diesel imports expected to alleviate high fuel prices. This announcement dive...
Why is Donald Trump buying diesel from Vladimir Putin's Russia despite heavy sanctions? What will be impact on Oil prices?Donald Trump’s shocking announcement comes after he signed a sweeping Russia sanctions law last month that aimed at clamping down on the Ru...
Kyiv enters 'survival mode' as Russian strikes intensify ahead of winter, mayor warnsMounting Russian strikes that have pummelled the Ukrainian capital, hitting bridges and key infrastructure, have plunged Kyiv into survival...
Billionaire Dan Gilbert and his wife’s foundation committed $10 million in 2022 to a Detroit home-repair fund designed to help more than 1,000 residents fix their homesDan Gilbert and his wife Jennifer’s foundation have pledged $10 million to a $20 million Detroit home repair fund in 2022. The three-year i...
French bond contagion fears are rattling the euroThe value of the euro has declined significantly as French borrowing costs increase. Concerns are rising among European policymakers regard...
IMF reaches staff-level deal with Sri Lanka for $345 million in financingThe International Monetary Fund has agreed to a $345 million financing deal with Sri Lanka. This deal is contingent upon the upcoming 2027 ...
'Our side is ready to support': Zelenskyy expresses readiness for US-proposed trilateral talks with RussiaUkraine is ready for a proposed trilateral meeting with the US and Russia at the technical level by the end of October, President Volodymyr...
Explainer: Who are the Houthis, Iran's allies in Yemen?Yemen's Saudi-backed government has initiated a military counteroffensive against the Iran-backed Houthis, seeking to recover lost territor...
Why are world bond markets selling off again?As inflation fears and mounting debt pressure rise, government borrowing costs have soared to unprecedented levels. The US Treasury yield, ...
A look at France's public debt as economy takes centre stage in French Presidential electionFrance's public debt has climbed to unprecedented levels, currently reaching 119 per cent of its GDP. The increasing debt burden poses sign...
India has ‘insulated' itself from the 'turbulence' of crude supply shock: Hardeep Singh PuriUnion minister Hardeep Singh Puri said India has so far insulated itself from crude oil and natural gas supply disruptions caused by the We...
Climate disasters are growing. So are cuts to programs that prepare for themClimate-related disasters in the Himalayas have intensified, leading to devastating impacts on communities and economies. Aid cuts have sig...
August core sector growth hits 3-month low as energy sectors lose steamIndia's core sector output growth slowed to 4.8 percent in August. This easing was due to contractions in energy sectors and an unfavorable...
How the great gas crisis of 2030 will play outA speculative scenario set in October 2030 imagines a third global natural gas crisis in eight years, as faltering US shale output, extreme...