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Business, Economy

“Saudis Warned G-7 Over Russia Seizures With Debt Sale Threat”

“Saudi Arabia privately hinted earlier this year it might sell some European debt holdings if the Group of Seven decided to seize almost $300 billion of Russia’s frozen assets, people familiar with the matter said… In May and June, the… Continue Reading…

Business, Economy

“The scarcity of water is emerging as a global economic threat. With China and India looking the most at risk”

“Water scarcity is seen as the most significant and potentially most impactful component of the wider climate crisis, and researchers say that large Asian economies like India and China will be the most affected from these water shortages. Asia is… Continue Reading…

Economy

“China’s new Covid lockdowns are another threat to the economy”

“…Lockdowns in China could further drive up container shipping costs, which remain extremely high, and scramble global supply chains that are still trying to sort through pandemic-related delays.”If there is a case found in the Yantian port [in Shenzhen], then… Continue Reading…

Banking, Economy

“Dollar hits 2-year high, threatens to reach another major milestone”

“The dollar hit a two-year high Tuesday as slowing global growth and more aggressive monetary easing overseas sent investors into the reserve currency. The U.S. Dollar index rose to a high of 99.37, its highest level since May 2017, when… Continue Reading…