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- Business Insider 15:32June 28, 2022Warren Buffett's Berkshire Hathaway piles another $44 million into Occidental Petroleum, adding to its $9 billion stake in the energy giantBuffett's company now holds 153.5 million of Occidental's common shares, $10 billion of its preferred stock, and about 84 million stock warrants.
< Markets, MI Exclusive, Markets, Stocks, Warren Buffett, Berkshire Hathaway, Occidental Petroleum, Energy Prices, Oil and Gas, russia ukraine war, Energy, Fuel, stock portfolio, stock purchases > - Business Insider 13:58June 28, 2022Southwest Airlines employs a crack team of 4 fuel traders to hedge energy prices — and they've saved the company $1.2 billion this yearSouthwest's treasurer said the challenge of hedging fuel prices would humble anyone on Wall Street, and compared it to flying with a 6-month-old baby.
< Markets, MI Exclusive, Markets, Commodities, Southwest Airlines, Jet Fuel, Fuel Costs, Fuel hedge, Hedging, russia ukraine war, Energy Crisis, Derivatives, Crude Oil, Call options, Wall Street, Airlines, Oil price > - Business Insider 16:06June 23, 2022Ukraine celebrates US long-range rocket systems arriving after months of asking. 'Summer will be hot for Russian occupiers.'Ukraine's defense minister Olekseii Reznikov thanked the US for the delivery of long-range rockets to fight the Russian invasion.
< Politics, HIMARS, russia ukraine war, Reznikov, News UK > - Business Insider 14:13June 23, 2022Warren Buffett's Berkshire Hathaway plows another $529 million into Occidental Petroleum, boosting its bet on the energy stock to $8.5 billionBerkshire now owns more than 16% of the oil-and-gas company, which is benefiting from the surge in energy prices this year.
< Markets, MI Exclusive, Markets, Stocks, Warren Buffett, Berkshire Hathaway, Occidental Petroleum, Energy, Oil and Gas, stock portfolio, stock purchases, russia ukraine war, Energy Prices, Gas Prices > - Business Insider 18:00June 15, 2022Warren Buffett donates $4 billion of Berkshire Hathaway stock, cutting his net worth to below $100 billionThe famed investor, who pledged in 2006 to give away virtually all of his wealth, has donated more than half of his Berkshire stock to good causes.
< Markets, MI Exclusive, Markets, Stocks, Warren Buffett, Berkshire Hathaway, Philanthropy, Billionaires, Buffett lunch, Wealth, Howard G. Buffett Foundation, russia ukraine war, Volodymyr Zelenskyy, Bill Gates, Bill & Melinda Gates Foundation, Elon Musk, Tesla, SpaceX > - Business Insider 15:16June 10, 2022Germany is facing a major beer bottle shortage, which has led to breweries begging drinkers to return empty ones, report saysThere is a shortage of beer bottles in Germany and it's getting more costly to source new bottles, The New York Times reported.
< Retail, News, Breweries, Beer, Germany, Russia, Ukraine, russia ukraine war, Inflation, News, Retail > - Business Insider 13:52June 10, 2022Warren Buffett's son met Zelenskyy in Kyiv this week — and offered to help rebuild Ukraine and support its peopleZelenskyy invited Howard Buffett to help restore irrigation in Odessa, assist displaced people, clear landmines, and reform school meals.
< Markets, MI Exclusive, Markets, Stocks, Warren Buffett, Berkshire Hathaway, Howard Buffett, russia ukraine war, Volodymyr Zelenskyy, Infrastructure, Philanthropy, Howard G. Buffett Foundation, Education, Nutrition, Humanitarian aid, Conservation, War > - Business Insider 15:33June 1, 2022Janet Yellen confesses 'I was wrong' about how big a risk inflation was and didn't fully understand the situationYellen, a former Federal Reserve chair, last year dismissed long-lasting inflation as a problem for the US economy, saying it was a small and manageable risk.
< Markets, MI Exclusive, Inflation, Janet Yellen, Treasury Secretary, us inflation, inflation risk, Federal Reserve, inflation federal reserve, Fed, Inflation data, inflation 2022, CNN, russia ukraine war, russia ukraine inflation, china covid, covid restrictions, Lockdowns, China, Prices, rising costs, interest rate increase, interest rate hike, Rate Hikes, Rate Rise, Economy > - Business Insider 13:55May 31, 2022'Shark Tank' investor Robert Herjavec warns stocks could plunge another 30% — and says the market is gripped by fear and doubtThe cybersecurity boss emphasized that small businesses are still battling labor shortages, and noted COVID-19 has accelerated technology adoption.
< Markets, MI Exclusive, Markets, Stocks, Robert Herjavec, Shark Tank, Stock market bubble, Stock Market Crash, Inflation, Interest Rates, Federal Reserve, COVID-19 pandemic, russia ukraine war, Supply Chain, Cybersecurity, Small Business, FUD, Cloud Computing > - Business Insider 14:54May 27, 2022US wins legal dispute to seize a Russian gold tycoon's $300 million superyacht in Fiji, a report saysFiji's Court of Appeal dismissed an appeal on Friday against the US seizing Suleyman Kerimov's luxury yacht, AP reported.
< Transportation, News, Russia, Ukraine, transport, Transportation, russia ukraine war, War, russian oligarchs, Oligarchs, Billionaires, Yachts, Superyacht, Fiji, Seizure, Seized > - Business Insider 18:29May 25, 2022The crypto crash has hit Ukraine's fundraising, so its deputy leader touted a rap appeal for donations at DavosThe recent cryptocurrency rout has taken a toll on Ukraine's fundraising efforts, leading the country to try to rally the community to keep donating.
< Markets, MI Exclusive, Markets, crypto, Ukraine crypto, crypto donations, russia ukraine war, Ukraine crisis, Donations, russia invasion, Fundraising, Crypto crash, crypto market crash, crypto market 2022, crypto markets, Rap, World Economic Forum, Davos, WEF, Aid for Ukraine, Bitcoin, bitcoin price, bitcoin price crash, Cryptocurrencies > - Business Insider 13:37May 23, 2022A former Lukoil boss said an EU ban on Russian oil would bring the worst outcome for both sidesA former boss of Russia's second largest oil group said an EU ban would be "a shock for everyone. Russia supplied 25% of EU oil imports in 2021.
< Markets, MI Exclusive, Markets, EU oil ban, Russian Oil, Russian oil ban, Russian oil embargo, Oil ban, russian energy reliance, Russian energy imports, russian energy, Sanctions, Russian Sanctions, western sanctions, oil sanctions, Vagit Alekperov, Crude Oil, crude oil prices, oil prices, European Union, EU, russia ukraine war, russia ukraine, Brent Crude Oil, LUKoil, WTI Crude > - Business Insider 13:51May 19, 2022Warren Buffett's deputy reflects on the pandemic crash, trumpets the value of reading widely, and explains why he loves investing in a new interview. Here are the 12 best quotes.Buffett and his team were stumped by the virus, and failed to scoop up bargains because of the Federal Reserve's rapid response, Ted Weschler said.
< Markets, MI Exclusive, Markets, Stocks, Warren Buffett, Berkshire Hathaway, Ted Weschler, COVID-19 pandemic, Federal Reserve, Stock Market Crash, russia ukraine war, Berkshire Hathaway Annual Shareholders Meeting 2022 > - Business Insider 13:49May 16, 2022Wheat soars more than 4% to two-month highs after world's second largest producer India bans exportsPoor weather and the fallout from the Russia-Ukraine war have roiled global commodity markets, meaning wheat production is forecast to fall.
< Markets, MI Exclusive, Markets, Wheat, Commodities, Commodity Markets, wheat production, wheat exports, Exports, Production, commodity market, Commodity Prices, wheat prices, commodites, commodities prices, India, export ban, russia ukraine, russia ukraine war, Ukraine War, supply disruptions, shortfalls, heatwave, high prices, India wheat, India wheat export ban > - Business Insider 13:51May 13, 2022Warren Buffett's Berkshire Hathaway buys more Occidental Petroleum stock, boosting its bet on the energy giant to about $7.5 billionBerkshire piled another $52 million into Occidental stock, after investing $7 billion in the oil-and-gas company in about two weeks earlier this year.
< Markets, MI Exclusive, Markets, Stocks, Warren Buffett, Berkshire Hathaway, Occidental Petroleum, Energy, oil & gas, russia ukraine war, Inflation, Vicki Hollub > - Business Insider 13:44May 12, 2022European natural gas soars over supply disruptions as Ukraine blocks key route and Russia retaliates against sanctionsUkraine blocked a route that supplies about 8% of Russian gas to Europe and blamed interference by Moscow's troops, sending gas prices surging.
< Markets, MI Exclusive, Markets, Natural Gas, russian gas, russia ukraine war, natural gas prices, supply disruptions, Gas, European Union Russian Energy, russian energy, russian energy reliance, Energy Markets, Ukraine, Ukraine crisis, Ukraine War, Gazprom, Yamal pipeline, Commodities, Commodity Markets, Energy, EU > - Business Insider 17:39May 11, 2022The EU's energy plan that cuts reliance on Russian gas will cost it an extra $200 billion by 2030 unless it shifts to cleaner sources of power, a think tank saysCutting reliance on Russian gas will cause prices to spike and will cost the EU around $250 billion more by 2030 than it expects right now.
< Markets, MI Exclusive, Markets, Energy, European Union Russian Energy, russian gas, EU, russian energy, Natural Gas, natural gas cut, Global Witness, Ember, russian energy reliance, EU energy needs, Fossil Fuels, clean energy, Alternative Fuels, Research, Energy Markets, Commodities, Energy Prices, Commodity Prices, russia ukraine war > - Business Insider 11:00May 1, 2022A European ban on Russian crude risks Moscow using the natural gas 'power tool' in its arsenal, Vortexa saidRussia is a major producer of energy and makes billions from its exports. The EU is its biggest customer and natural gas is a powerful political tool.
< Markets, MI Exclusive, Markets, Russian oil ban, Oil and Gas, Europe, russian energy, Russian Oil, russian gas, russia ukraine war, Oil, Natural Gas, European Union, EU, Oil Market, natural gas cut, Ukraine War, European Union Russian Energy, russia ukraine, Vortexa, David Wech, Commodity Markets, Energy Markets, Ban, Sanctions, Russia Sanctions, Oil Production, Vladimir Putin, Russian energy imports, Russian energy exports, Russia, US oil, US oil exports, Energy Prices, Commodity Prices, Inflation > - Business Insider 17:37April 29, 2022As Europe scrambles to ditch Russian oil, the US is shaping up to fill that gap, thanks to its ‘super suitable’ cheaper crude, Vortexa says"The US will rank highly, that's natural, given its size, and its proximity and also the crude quality," Vortexa's chief economist said.
< Markets, MI Exclusive, Markets, Oil, US oil, europe oil, Russian Oil, Russian oil ban, European oil needs, Crude Oil, russia ukraine war, Oil Supply, Ukraine War, Oil Markets, russia ukraine, us crude oil, Sanctions, Russia Sanctions, Russia Oil, oil exports, oil imports, Oil Tankers, EU, European Union Russian Energy, European Union, EU oil > - Business Insider 15:13April 27, 2022“Wolf of All Streets” crypto trader Scott Melker says his Russian mining rigs got sanctioned — and now he knows how it feelsCompass Mining cut ties with Russian crypto miner BitRiver after the US sanctioned the company and its subsidiaries last week.
< Markets, MI Exclusive, Markets, crypto, Crypto mining, Russian Sanctions, Bitriver, Scott Melker, Wolf of All Streets, crypto mining Russia, russia ukraine war, russia crypto, russia cryptocurrencies, crypto miner, mining rigs, russia ukraine, Sanctions, OFAC, Ukraine War, IMF, sanctions evasion > - Business Insider 14:46April 27, 2022Four European gas buyers have paid Russia in rubles for supplies, bucking the EU's urging in the energy face-offTen European companies have opened accounts at Russia's Gazprombank as a means to meet Putin's payment demands, Bloomberg said.
< Markets, MI Exclusive, Markets, Natural Gas, russia ukraine, russia ukraine war, Energy, russian energy, Poland, Bulgaria, rubles, Commodities, Austria, Germany > - Business Insider 18:03April 26, 2022The US has super-sized its crude oil deliveries to Europe to help replace missing Russian supplySupertankers will likely play an increasingly larger part in moving that crude from the US to Europe, according to Vortexa.
< Markets, MI Exclusive, Markets, Oil, Crude Oil, russia ukraine, russia ukraine war, Russian Oil, Russian oil ban, Oil Markets, Oil Market, US oil, Energy, Energy Markets, energy consumption, EU, European Union, Fuel > - Business Insider 16:47April 25, 2022A major hedge fund in China that cut its domestic stock exposure to zero expects returns to be worse than in 2008Shanghai Banxia said COVID, Ukraine, and Federal Reserve rate hikes would make this year harder for fund managers to get returns than 2008.
< Markets, MI Exclusive, Markets, China, COVID, hedge fund, Lockdowns, russia ukraine war, covid restrictions, Fed rate hikes, COVID response, China Stocks, Chinese Stocks, China Economy, China Economy and Markets, china covid, russia ukraine, War, Ukraine War, Fed, Federal Reserve, interest rate hike, interest rate increase, Rate Rise, Rate Hikes, Shanghai Banxia Investment Management Center > - Business Insider 18:15April 21, 2022David Einhorn warns the Russia-Ukraine conflict may tip the US economy into recession — and dismisses fears of a housing-market crashThe Greenlight Capital boss blamed the Federal Reserve for surging inflation, and warned the US government may be driving energy prices higher.
< Markets, MI Exclusive, Markets, Stocks, David Einhorn, Greenlight Capital, russia ukraine war, Inflation, Federal Reserve, Interest Rates, Energy, Housing Bubble > - Business Insider 15:11April 19, 2022Warren Buffett discussed his deputies, the Activision-Blizzard saga, and Berkshire Hathaway's annual meeting in a recent interview. Here are 4 key takeaways.The Berkshire Hathaway CEO touched on some of his company's recent investments, and touted the upcoming annual meeting as "very, very important."
< Markets, MI Exclusive, Markets, Stocks, Warren Buffett, Berkshire Hathaway, Berkshire Hathaway Annual Meeting, Charlie Rose, Ted Weschler, Todd Combs, Activision Blizzard, russia ukraine war, Treasury Bills, Inflation, ESG > - Business Insider 14:45April 17, 2022Decades of leaning on Russia forces Germany into a perilous decision: continue to buy Russian oil or risk economic catastropheRussia supplied 30% of Germany's energy needs last year. Germany needs to keep the lights on, but doing so directly funds the invasion of Ukraine.
< Economy, Economy, russia ukraine war, Energy Markets, energy market, Oil Market, Crude Oil, Natural Gas, russian energy, Germany, russian invasion, Commodities > - Business Insider 12:00April 16, 2022Recent stock strength may be nothing more than a bear-market rally fueled by 'wishful thinking' and excess liquidity, says a Morgan Stanley investment chiefInvestors should proceed with caution and not get overconfident, says Morgan Stanley's Lisa Shalett
< Markets, MI Exclusive, Morgan Stanley, Lisa Shalett, Market Outlook, Investors, Stock Market, bear rally, Federal Reserve, Fed, Inflation, interest rate increase, Interest Rate Rise, interest rate hike, Rate Hikes, Rate Rise, Monetary Policy, Liquidity, Macroeconomic Risks, russia ukraine, russia ukraine war, Stocks, Equities, stocks 2022, Stocks and Fed, equities inflation, Equities Markets > - Business Insider 14:55April 15, 2022Some Nestlé employees in Ukraine quit over the company's decision to keep doing business with Russia, a report saysNestlé's head of European business said he was "saddened to hear that employees are resigning," per Reuters.
< Retail, Politics, News, Food and beverage, consumer staples, Nestle, Russia, Ukraine, Russia Sanctions, Food, Snacks, Chocolate, Cereals, Coffee, russia ukraine, russia ukraine war > - Business Insider 19:15April 13, 2022Russia must choose between saving its economy or funding its invasion, Yellen saysWally Adeyemo, the deputy Treasury secretary, said Tuesday that the next sanctions from the US and allies aim to starve the Russian military of cash.
< Economy, Politics, White House, Economy, Janet Yellen, russia ukraine war, russia invasion, Sanctions, Treasury Secretary, Yellen, Atlantic Council > - Business Insider 17:56April 13, 2022Billionaire investor Marc Lasry predicts a tough few months for stocks and the economy — and cautions against investing in RussiaThe Avenue Capital CEO flagged higher food and energy prices, rising interest rates, and lackluster growth as near-term challenges for investors.
< Markets, MI Exclusive, Markets, Stocks, Marc Lasry, Avenue Capital Group, Billionaires, Tech stocks, russia ukraine war, Interest Rates, Energy, special situations, Stock Market, Liquidity, Russia Sanctions, distressed-debt > - Business Insider 13:15April 13, 2022Sanctions on Russia aren't stopping Putin — and doing more would bring a lot of economic pain to the US and EuropeDespite the West's attempts to punish Russia, its crude oil exports are growing thanks to fresh demand from India and long-term contracts with China.
< Economy, Economy, economic outlook, Inflation, russia ukraine war, russia invasion, Sanctions, Energy Prices, russian energy, Gas Prices, analysis > - Business Insider 13:07April 13, 2022Russia-Germany trade rupture could “move the macro needle” and cause a financial shock, says S&P GlobalA breakdown in trade between Russia and Germany could deliver a financial shock to Europe's largest economy, S&P Global's chief economist said.
< Markets, Economy, MI Exclusive, Markets, Trade, trade rupture, Russia, Germany, S&P Global, Germany Economy, financial shock, russia ukraine war, Russia Sanctions, Ukraine War, russia gas, Macroeconomic Risks, Sanctions, Gas, Natural Gas, Energy Markets, Energy Prices, Commodity Prices, Commodity Markets > - Business Insider 18:53April 12, 2022One of the euro's founding fathers says the ECB is 'living in a fantasy' by getting tough enough on inflationOtmar Issing, the ECB's first chief economist, criticized the central bank for downplaying the risks of inflation and not raising rates fast enough.
< Markets, Economy, MI Exclusive, Markets, European Central Bank, Inflation, Euro, Otmar Issing, Eurozone inflation, Eurozone, Stagflation, stagflation risk, Monetary Policy, Interest Rates, Rate Hike, Interest Rate Rise, interest rate increase, asset purchases, russia ukraine, russia ukraine war, Commodity Prices, Energy Prices > - Business Insider 17:25April 12, 2022Oil rises as China eases some Covid restrictions and OPEC warns it cannot replace lost Russian barrelsCrude surges by 5% as China eases some lockdown restrictions in Shanghai, while OPEC says it cannot replace lost Russian supply.
< Markets, MI Exclusive, Markets, Oil, oil prices, China, covid restrictions, Lockdowns, russia ukraine war, russia ukraine, Sanctions, Energy Markets, Oil Markets, demand, supply disruptions, OPEC, IEA, International Energy Agency, Brent Crude Oil, wti crude oil, Brent crude oil price, wti crude oil price, EU, oil reserves, Russian Oil > - Business Insider 12:58April 7, 2022IEA members agree to a 60-million barrel release of oil on top of the US' 180 million barrelsRussia's invasion of Ukraine continues to put significant strains on global oil markets, resulting in heightened price volatility, the IEA has said.
< Markets, MI Exclusive, Markets, Oil, IEA, russia ukraine, Oil Supply, oil prices energy sector, russia ukraine war, Energy Prices, oil prices, Oil Markets, Energy Markets, International Energy Agency, Commodity Prices, Commodity Markets, supply disruptions, US oil reserves, oil reserves > - Business Insider 14:58April 6, 2022Billionaire investor Leon Cooperman says the US could enter recession in 2023, thanks to surging oil prices or aggressive Fed tightening"I think the Fed has totally missed it, and I think we have a lot of wood to chop," Cooperman told CNBC on Tuesday.
< Markets, MI Exclusive, Markets, US Recession, Leon Cooperman, Fed policy, oil prices, Inflation, Federal Reserve, russia ukraine, russia ukraine war, Recession, oil prices energy sector, Energy Prices, Commodity Prices, Energy Sector, Oil Market, Oil Supply, Leon Cooperman market forecast, Fed, interest rate hike, Rate Rise, Rate Hikes, Interest Rates, US inflation Fed > - Business Insider 16:43April 4, 2022The world's biggest oil trader says the energy market reflects less concern about a supply crunch from the Russia/Ukraine warVitol's Mike Muller said the US announcing an unprecedented release of oil from reserves and COVID restrictions in China dampened oil supply concerns
< Markets, MI Exclusive, Markets, Oil, russia ukraine, Oil Supply, supply disruptions, demand, Oil price, russia ukraine war, Vitol, Mike Muller, Iran Negotiations, COVID, china covid, US oil reserves > - Business Insider 12:55April 4, 2022UK regulators will review the LME's messy halt to nickel trading, after it triggered outrage by canceling $3.9 billion in tradesThe Financial Conduct Authority and the Bank of England will review the London Metal Exchange's decision to halt nickel trading on March 8.
< Markets, MI Exclusive, Markets, London Metal Exchange, Nickel, LME, Nickel short squeeze, trading halt, Suspension, Regulators, review, Financial Conduct Authority, Bank of England, FCA, BoE, metals, russia ukraine, russia ukraine war, commodities prices > - Business Insider 15:40April 2, 2022‘Made in America’ is about to make a roaring comeback. That's good and bad.Deglobalization "seems to be the baseline now," and that's going to mean "higher prices," Brian Coulton, the chief economist at Fitch Ratings, said.
< Economy, Economy, Globalization, Deglobalization, russia ukraine, russia ukraine war, economic outlook, Macroeconomy > - Business Insider 13:04March 30, 2022US futures and European stocks drop following skepticism over Russia-Ukraine peace talks progressEquity markets eased, while oil rallied, as investors remained wary of any apparent breakthrough in peace negotiations between the two sides.
< Markets, MI Exclusive, Markets, stock markets today, Russia Ukraine peace talks, peace negotiations, russia ukraine war, Stocks, US futures, European Stocks, Oil, ADP employment report, S&P futures, Dow futures, NASDAQ, FTSE 100, Stoxx 600, Dax, CAC 40, Russia, Ukraine, Stock markets, Government Bonds, Commodities, Brent Crude, WTI > - Business Insider 12:45March 29, 2022Global stocks edge higher as Russia-Ukraine peace talks in focus, while oil rises on Saudi Aramco price boost reportsInvestors are looking to negotiations between Russia and Ukraine, while oil remained volatile.
< Markets, MI Exclusive, Markets, stock markets today, russia ukraine, Peace Talks, War, Sanctions, COVID, Oil, Moscow, Kyiv, russia ukraine war, Saudi Aramco, Brent Crude Oil, wti crude oil, S&P 500 futures, Dow Jones futures, NASDAQ, FTSE 100, Dax, CAC 40, Stoxx 600 > - Business Insider 19:55March 28, 2022It's hard to see right now whether Russia is using gold to get around sanctions, UBS strategist saysIt will take months to check any changes in the $140 billion gold stockpile held by Russia's central bank, UBS strategist Joni Teves said.
< Markets, MI Exclusive, Markets, Gold, russia ukraine, UBS, Central Bank of Russia, Gold Reserves, Safe Haven, russia ukraine war, Sanctions, Commodities, gold outlook > - Business Insider 15:02March 28, 2022Russia just narrowly avoided a huge default, but investors still think there's a 50/50 chance of it happening in the next 12 monthsThe country's chances of defaulting on its bond payments are now around 55%, down from near 80% chances of default a few weeks ago.
< Markets, MI Exclusive, Markets, russia ukraine, MSCI, Default, bond payment, russia ukraine war, Interest payments, Credit Rating, ratings downgrade, Investors, Probability > - Business Insider 14:13March 28, 2022Russia holdout HSBC has cut references to a 'war' in Ukraine from its analyst research reports, the FT saysCommittees at the research department at HSBC — which is under pressure to exit Russia — have softened the language in several publications, the FT said.
< Markets, MI Exclusive, Markets, russia ukraine, HSBC, russia ukraine war, Bank, Censorship, War, Financial Times, Misinformation, Invasion, Edit, delete, Exit, Conflict Reporting > - Business Insider 11:00March 27, 2022Pimco says the risks have increased for an ‘anti-Goldilocks economy’ — where growth is too cold and inflation is far too hotThe global economy faces a stagflationary shock as the Russia-Ukraine conflict pushes up energy prices, bond giant Pimco says.
< Markets, MI Exclusive, Stagflation, russia ukraine, PIMCO, Inflation, slow growth, economic activity, russia ukraine war, global economic growth, Global Economic Outlook, Global Economy, Economic Slowdown, Recession, Commodities, Economy > - Business Insider 15:40March 26, 2022Cutting Russia out of the global economy means higher prices, a slower recovery, and a whole new global power structure: 'We don't really have a playbook for how this might work'Russia's economy is set to crater under the weight of massive sanctions. But the measures are also raising new risks in the US, UK, and EU economies.
< Economy, analysis, Economy, russia ukraine war, russian invasion, Inflation, economic outlook, Sanctions, Economic Growth, inflation outlook > - Business Insider 21:45March 25, 2022Gas prices have topped $6 in LA as California continues to lead the nation in expensive fuelThe average price of a gallon of regular gas has reached record highs in Los Angeles, with some stations reportedly charging as much as $7.
< Transportation, Economy, News, Energy, Gas Prices, Oil price, California, Los Angeles, russia ukraine war > - Business Insider 15:05March 24, 2022Russia says it will demand payment in rubles for its natural gas from 'hostile countries.' 6 experts break down how that might work."By demanding payment in rubles, Putin is forcing Western companies to provide direct support to the Russian currency," one strategist said.
< Markets, MI Exclusive, Markets, Vladimir Putin, russia ukraine, russia ukraine war, Natural Gas, rubles > - Business Insider 23:25March 23, 2022The Russia-Ukraine conflict could shake up the global balance of power in 3 big ways, Economist Intelligence Unit saysRussia's invasion stands to create new geopolitical partnerships and deepen divides between the East and West, the experts said Wednesday.
< Economy, Economy, economic outlook, Economist Intelligence Unit, russian invasion, russia ukraine, russia ukraine war, Geopolitics > - Business Insider 18:20March 22, 2022McKinsey just outlined its worst-case scenario for the global economy following Russia's invasion of Ukraine — and it involves recessions for both the US and EuropeIf Russia's invasion of Ukraine remains "severe" and "escalating," economies worldwide could feel a squeeze, McKinsey researchers wrote.
< Economy, Markets, Economy, Recession, russia ukraine, russia ukraine war, Ukraine, Ukraine crisis, Ukraine Economy, russia economy >