Sasha Kazilo moved from Russia to Paris along with her family and her business, a startup called Funexpected. Hundreds of thousands of professional workers, many of them young, have left Continue Reading
Oil prices rose 2% on Friday but notched their second straight weekly decline after countries announced plans to release crude from their strategic stocks. Brent crude futures settled up $2.20, Continue Reading
Oil prices have dominated headlines in recent weeks, but the most dramatic action has been happening in a hidden corner of the market. Distillate fuel prices are breaking records left Continue Reading
Russia’s demand for “unfriendly countries” to pay for gas in rubles could have a significant impact on key metal markets. Climbing oil and gas prices are a major concern not Continue Reading
Dire Consequences of Rising Food Prices Global food prices are surging at the fastest pace ever as the war in Ukraine chokes crop supplies, piling more inflationary pain on consumers Continue Reading
Prices for food commodities like grains and vegetable oils reached their highest levels ever last month largely because of Russia’s war in Ukraine and the “massive supply disruptions” it is Continue Reading
The world is about to pass another important milestone in electric vehicle adoption: 20 million plug-in vehicles on the road globally, come June, according to BNEF estimates. That’s remarkable growth Continue Reading
The rising cost of crude oil will increase the cost of Nigeria’s gasoline subsidy by nearly ten times what it had originally budgeted, Nigeria’s President Muhammadu Buhari said in a Continue Reading
Argentina’s new deal with Bolivia to up natural gas imports will bring savings of $769 million in foreign-exchange reserves and replace 14 vessels of increasingly expensive liquefied natural gas (LNG), Continue Reading
A series of deaths at a hospital for elderly patients in Shanghai is underscoring the dangerous consequences of China’s stubborn pursuit of a zero-COVID approach amid an escalating outbreak in Continue Reading
