Economy

Putin's war makes the West more dependent than ever on Asian fuel

Putin’s war makes the West more dependent than ever on Asian fuel

(Bloomberg) — The war in Ukraine reinforces the role of Asia and the Middle East as the world’s main suppliers of fuels like diesel and gasoline that are crucial to the global economy. Bloomberg’s Most Read As Europe and the United States seek to reduce their dependence on Russian petroleum products, they face a supply …

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The reason why bots dominate the crypto game?  Money-snatching developers trick them

The reason why bots dominate the crypto game? Money-snatching developers trick them

Think back to the communities you have truly enjoyed being part of throughout your life. It is likely that these were groups formed on the basis of common interests, is not it? It is because we feel a sense of belonging when we bond with others on a particular thing that we feel in particular …

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Global inflation has likely peaked, leading data indicators show

Global inflation has likely peaked, leading data indicators show

Leading data indicators suggest that this year’s runaway global inflation has peaked and the pace of global price growth is expected to slow in the coming months. Ex-factory prices, shipping rates, commodity prices and inflation expectations have all started to decline from their recent record highs. These data series are widely followed by economists and …

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Ukraine's nuclear chief says he sees signs Russia may leave occupied nuclear power plant

Ukraine’s nuclear chief says he sees signs Russia may leave occupied nuclear power plant

KYIV – President Volodymyr Zelenskiy has said Ukraine “cannot be broken” citing his country’s fight against the Russian invasion and marking the anniversary of the famine seen by Ukrainians as a deliberate act perpetrated by Soviet dictator Joseph Stalin. Live briefing: Russia’s invasion of Ukraine RFE/RL Live briefing gives you all the latest developments on …

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Industrial strategy demands new deal with private sector

Industrial strategy demands new deal with private sector

The writer, professor at UCL, will deliver the Penrose Conferences in Soas this week Industrial strategy is experiencing a renaissance. Triggered by multiple crises – financial, climate and health – countries around the world are investing heavily in promoting economic growth and resilience. The war in Ukraine, with its impact on supply chains, made this …

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How Big Tech layoffs could impact some of the most expensive housing markets

How Big Tech layoffs could impact some of the most expensive housing markets

A series of layoffs at major U.S. tech companies could put pressure on local housing markets amid a broader national chill. These layoffs, prompted in part by a series of Federal Reserve interest rate hikes and lower revenues, could lead to forced sales, hurt buyer confidence and result in lower down payments, even from buyers …

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