The global economy — already struggling with war in Ukraine and the stagflation risks it’s fanning — is bracing for greater disruption as China scrambles to contain its worst outbreak Continue Reading
China’s stock rout cost the nation’s richest tycoons more than $52 billion on Monday. Zhong Shanshan Zhong Shanshan, known as China’s king of bottled water, led the plunge as his Continue Reading
Escalating sanctions by the West to punish Russia for its war against Ukraine are driving fears that an episode of increased inflation, already at its highest levels in 40 years, will become harder Continue Reading
What happens with bond payments due Wednesday could kickstart Russia’s first foreign-currency default since the 1917 revolution Russian Police officers run to detain a man holding a poster that reads Continue Reading
Fed takes center stage among eight members out of Group of 20 BOE, Brazil officials may hike rates in wake of U.S. move Zell Says Fed Should Stop Buying Securities, Continue Reading
Hundreds of multinational corporations have cut ties with Russia as its military assault on Ukraine intensifies, bolstering the effects of western economic sanctions and redirecting their operations to serve desperate Continue Reading
Western sanctions are dealing a severe blow to Russia’s economy. The ruble is plunging, foreign businesses are fleeing and sharply higher prices are in the offing. Familiar products may disappear Continue Reading
Persistent high oil prices prompted by Russia’s invasion of Ukraine could cut a full percentage point off the growth off large oil-importing developing economies like China, Indonesia, South Africa and Continue Reading
Crude, natural gas, aluminum, nickel, wheat, and a whole host of other commodities have seen extreme price increases in recent weeks. Massive re-pricing in commodities is causing turmoil in global Continue Reading
Recession in Europe and North America may be the inevitable price for defending freedom, resisting aggression and upholding international law in Ukraine. U.S. and European leaders now face an unpleasant Continue Reading
