Monday, March 14, 2022

US economy flashes a recession warning sign

Surging oil and gas prices have raised recession alarm bells around the world. But another economic indicator is starting to look ominous: The yield curve is flattening.
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US economy flashes a recession warning sign
Surging oil and gas prices have raised recession alarm bells around the world. But another economic indicator is starting to look ominous: The yield curve is flattening. Read more »
 
Russia could default on its debt within days
Russia has sent the clearest signal yet that it will soon default — the first time it will have failed to meet its foreign debt obligations since the Bolshevik revolution more than a century ago. Read more »
 
Russia may have found a buyer for its cheap oil: India
India may take up a Russian offer to buy crude oil and other commodities at a discount, two Indian officials said, in a sign that Delhi wants to keep its key trading partner on board despite Western attempts to isolate Moscow through sanctions. Read more »
 
Oil tumbles below $100 a barrel
US oil prices tumbled below $100 a barrel on Monday, unwinding a significant chunk of the recent spike caused by Russia's invasion of Ukraine. Read more »
 
Citi expands its exit from Russia
Citigroup, the major US bank with the biggest footprint in Russia, said Monday it will expand its exit from Russia to go beyond the long-planned sale of its consumer bank there. Read more »
 
Interested in environmentally and socially conscious investing? Here's what you need to know
Climate change. Inequality. Unrest. There's a lot to consider in today's world and you may find yourself wanting to invest only in companies that aim to do business in an environmentally sustainable, socially equitable and ethical way. Read more »
 
 
 
 
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