World economy

As food costs and fuel bills soar, inflation is plundering people’s wallets, sparking a wave of protests and workers’ strikes around the world.

The founder of Hayman Capital Management took a different view than BlackRock’s Larry Fink on the future of the idea of an interconnected global economy.

The White House on Thursday announced that the U.S. will release 1 million barrels of oil per day from strategic reserves.

Russian President Vladimir Putin’s advisors are scared to tell him what’s happening in Ukraine, the head of Britain’s intelligence agency has said.

President Vladimir Putin’s immense power has turned out to be a key weakness for the leader, with those around him seemingly too scared to tell him the truth.

One of the early casualties of Russia’s territorial ambitions in Ukraine was the Nord Stream 2 gas pipeline, a massive energy project that cost $11 billion.

European stocks closed lower on the last trading day of March, a month marked by global geopolitical and economic uncertainty after Russia’s invasion of Ukraine.

While China tries to shake off omicron, the country’s zero-Covid policy sets small businesses up for a third year of stop-and-start uncertainty.

Bank of America says demand for the iPhone is still strong despite reports of Apple cut back production of some models.

Strategists are asking whether Russia’s invasion of Ukraine could backfire spectacularly on Putin, leaving him vulnerable to an uprising or a coup.

Russian oligarch wealth is on the hunt for a new home, and Turkey is quickly establishing itself as a welcome host.

European stocks closed lower on Wednesday following the latest round of talks between Russia and Ukraine.

More and more wealthy Chinese are worried about keeping their money on the mainland and see Singapore as a safe haven.

Soaring energy prices have caused inflation to spike around the world and triggered cost of living crises across both developed and emerging economies.

Manufacturing growth in China is slowing, while retail businesses are struggling as Covid-related restrictions take their toll, according to China Beige Book.

The U.S. and international allies have imposed a barrage of punitive measures against Russia since the country launched its invasion of Ukraine on Feb. 24.

When Russia invaded Ukraine, it was widely believed to have expected an easy victory.But Moscow is facing unintended consequences of its aggression in Ukraine.

European stocks closed higher on Tuesday as another round of Ukraine-Russia talks got underway.

The UAE’s energy and infrastructure minister said Monday that Russia will always be part of OPEC+ even as governments shun Moscow over the war in Ukraine.

There is little to suggest that Russia has actually changed its military strategy.