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Inflation Sparks Global Wave of Protests for Higher Pay, Aid
As food costs and fuel bills soar, inflation is plundering people’s wallets, sparking a wave of protests and workers’ strikes around the world.
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Investor Kyle Bass: Globalization Isn't Over, Just Don't Invest in Countries Run by Despots
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.
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U.S. to Release 1 Million Barrels of Oil Per Day From Reserves to Help Cut Gas Prices
The White House on Thursday announced that the U.S. will release 1 million barrels of oil per day from strategic reserves.
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Russian Troops Sabotaging Their Own Equipment and Refusing Orders in Ukraine, UK Spy Chief Says
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.
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Putin's Strength Now Looks Like His Main Weakness, With People Too Loyal — Or Scared — to Challenge Him
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.
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Nord Stream 2 Cost $11 Billion to Build. Now, the Russia-Europe Gas Pipeline Is Unused and Abandoned
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.
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European Stocks Log First Losing Quarter in Two Years as Russia-Ukraine War Rattles Sentiment
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.
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China's Zero-Covid Policy Tests Small Businesses in a Make-Or-Break It Year
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.
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BofA Says iPhone Demand Still Strong Despite Reports of Production Cutback
Bank of America says demand for the iPhone is still strong despite reports of Apple cut back production of some models.
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Putin Might Be Seen as a ‘Mad Dictator' — But He Has Built Powerful Barriers to Prevent a Coup
Strategists are asking whether Russia’s invasion of Ukraine could backfire spectacularly on Putin, leaving him vulnerable to an uprising or a coup.
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Turkey May Become the New Playground for Russian Oligarchs — But It's a Risky Strategy
Russian oligarch wealth is on the hunt for a new home, and Turkey is quickly establishing itself as a welcome host.
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European Markets Close Lower Amid Doubts Over Latest Russian Pledges on Ukraine
European stocks closed lower on Wednesday following the latest round of talks between Russia and Ukraine.
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China's Rich Are Moving Their Money to Singapore. Beijing's Crackdown Is One of the Reasons
More and more wealthy Chinese are worried about keeping their money on the mainland and see Singapore as a safe haven.
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UAE Energy Minister Warns of Poverty and Economic Stagnation If Energy Affordability Isn't Tackled
Soaring energy prices have caused inflation to spike around the world and triggered cost of living crises across both developed and emerging economies.
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China's Factories Were Hit Harder This Quarter Than Last Year as Covid Drags on, Survey Says
Manufacturing growth in China is slowing, while retail businesses are struggling as Covid-related restrictions take their toll, according to China Beige Book.
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‘We Will Come and We Will Find You': U.S. Issues Warning to Anyone Helping Russia Bypass Sanctions
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.
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The Invasion of Ukraine Has Serious, Unintended Consequences for Russia. Here Are Just 5 of Them
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.
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European Stocks Close Higher as Ukraine-Russia Talks Raise Hopes; Stoxx 600 Up 1.7%
European stocks closed higher on Tuesday as another round of Ukraine-Russia talks got underway.
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Russia Will ‘Always' Be a Part of OPEC+, UAE Energy Minister Says
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.
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Russia Claims to Have Changed Its Strategy in Ukraine — But There Are Doubts Over Its Real Intentions
There is little to suggest that Russia has actually changed its military strategy.