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U.S.-Led Alliance Face Frustration Over Russia Sanctions

WASHINGTON — Four months into the war in Ukraine, the countries aligned against Russia face growing economic pain even as sanctions and energy embargoes are showing little impact on Russian President Vladimir V. Putin’s military campaign or his political standing at home. U.S. officials vowed that Russia’s financial system would be battered if it attacked […]

German business sentiment clouds over in June

The skyline of the banking district is pictured in Frankfurt, October 21, 2014. REUTERS/Ralph Orlowski Register now for FREE unlimited access to Reuters.com Register BERLIN, June 23 (Reuters) – German business morale fell more than expected in June, as rising energy prices and the threat of gas shortages unsettled businesses in Europe’s largest economy, a […]

‘90s House and Fashion Are Back — in Time for a 1970s Economy

Placeholder while article actions load The 1990s are having a moment in consumer culture. But with the world in the grip of rampant inflation, and Britain enduring a summer of discontent, it feels like we’re living in a 1970s economy. Nineties nostalgia has been building for some time. Bold logos, which disappeared after the financial crisis, […]

BRICS leads globalization mission – Chinadaily.com.cn

[JIN DING/CHINA DAILY] The COVID-19 pandemic had already dealt a massive blow to the world economy when the Russia-Ukraine conflict broke out. The conflict and the sanctions major developed economies announced against Russia in response have resulted in food, energy and refugee crises, dealing yet another powerful blow to the global economy apart from heightening […]

Cornyn goes there on the NRA and its ‘business model’

Placeholder while article actions load Nobody has come in for more criticism from the right over the Senate’s bipartisan gun bill than Sen. John Cornyn (R-Tex.). Cornyn has spearheaded the negotiations and isn’t backing down despite the attacks — from Donald Trump, from Fox News and from his own state GOP. And, in fact, Cornyn […]

3 Insights From the FED’s Latest Economic Snapshot

Mapping Shipping Lanes: Maritime Traffic Around the World Each year, thousands of ships travel across the globe, transporting everything from passengers to consumer goods like wheat and oil. But just how busy are global maritime routes, and where are the world’s major shipping lanes? This map by Adam Symington paints a macro picture of the […]