Russia’s 500,000 BPD Oil Cut: OPEC+ Steps and North American Impact
Russia’s Oil Output Cuts: A Global Context for North American Markets Russia is currently trimming its oil production by about 500,000…
Henkel completes sale of Russian assets valued at 54 billion rubles
Concern Manufacturer of household and industrial chemicals Henkel AG has completed the sale of its Russian assets, with the agreed transaction…
European Economic Signals and their Potential Impact on the U.S. Dollar
Currency markets are watching a convergence of policy moves in Europe and the United States. As the euro strengthens against the dollar,…
PacWest Bancorp Faces Sharp Decline Amid Sale Rumors and Market Reactions
California based PacWest Bancorp saw its market value shrink dramatically following reports that a sale or other strategic moves might be on…
Shell Sakhalin-2 Stake Sale Update and Ownership Reshuffle
Shell, the British oil and gas group, has not yet received payment related to the sale of its stake in Sakhalin Energy, the operator behind…
Global Economic Outlook: blocs, currency use, and growth
Today, the global economy faces a growing tension between deep interconnectedness and the potential rise of distinct economic blocs that may…
Ziraat Bank, Grain Exports, and International Banking Rules
A senior Turkish official noted that Ziraat Bank will not handle payments for grain shipments from Russia without explicit written permission…
US Economy: Debt, Banks, and Domestic Focus
The US economic agenda centers on debt levels and the health of the banking system. For this reason, it makes sense for states to focus on…
Debt Limits, Economic Risks, and the X-Date Explained
The United States Faces a Potential Debt Impasse and Its Economic Fallout Analyses from the Treasury Department and the Congressional Budget…
Russia Sees Tourism Rebound in Early 2023 as Travel Returns to Pre-Pandemic Levels
Russia’s inbound tourism in early 2023 showed notable momentum as global travel began to rebound from the pandemic. Data reported by the…