September's inflation numbers were tied for the record since 2008, and were above consensus expectations yet again. With inflation being so severe and persistent, the messaging about inflation is about to change. First, it was…
What Sanctions Really Do To a Country
In Ukraine today, President Volodymyr Zelenskyy accused Russia of war crimes over its continued bombardment of the port city of Mariupol, after reports of a military strike on an art school sheltering hundreds of civilians.…
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ExxonMobil to Stop Oil Production in Russia
ExxonMobil on Tuesday said it will wind down operations at a multibillion-dollar oil and gas project in Russia and halt any new investments in the country. The Sakhalin-1 project, a large oil and gas production venture on…
