Former Minister of National Defense of Poland Radek Sikorski argues the ‘most urgent task’ is to prevent Putin from ‘winning’ Russia-Ukraine war. After Russian President Vladimir Putin floated the idea of nationalizing companies that refuse to do business in Russia over the Ukraine invasion, White House Press Secretary Jen Psaki […]
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Germany warns of Russian gas retaliation if war breaks out
Germany fears Russia could retaliate against western sanctions in the event of war with Ukraine by cutting off gas supplies, its finance minister has said, a move that could cripple Europe’s largest economy. Christian Lindner told the Financial Times that Russia had always been a reliable supplier of natural gas […]
IMF warns crypto rout could lead to systemic risk, backs Fed digital coin
The International Monetary Fund says cryptocurrencies and stocks are likely to see more volatility, with the Federal Reserve set to raise interest rates, and as increasing correlations between the two asset classes . Digital coins have , with a deep sell-off . Since hitting a record high in November, the […]
Federal Reserve may trigger “deep corrections’ in stock market in 2022 with its actions, strategist warns
Investors should buckle up as it could get hairy this year with the Federal Reserve poised to begin lifting interest rates from rock bottom levels. “I definitely think we will experience more volatility in 2022 than what we have seen certainly over the last year, but even going back over […]
Ray Dalio warns Fed’s hands are tied and higher U.S. inflation is sticking around. Democracy, maybe not.
As an investor, Ray Dalio eyes the rearview mirror to see what’s ahead. If this paradox makes sense, then you likely agree with the view of history that those who cannot remember the past are condemned to repeat it. Put another way, it’s hard to know where you’re going if […]
Fourth-generation dairy farmer warns economic woes, climate change regulations could end family farms
CHAPEL HILL, Tenn. – A fourth-generation dairy farmer warned that climate change-related regulations and a slew of economic woes could signal the end for her family’s way of life after nearly a century. “We’ve been attacked in the dairy industry for a while now,” Stephanie Nash told Fox News. “Instead […]
Fed warns ailing China real estate sector poses risks to US economy
The Federal Reserve warned on Monday that stresses in the Chinese real estate sector “posed some risk to the US financial system”, pointing to heavily indebted property companies such as Evergrande as a potential source of global contagion. “Given the size of China’s economy and financial system as well as […]
China’s premier warns of new ‘downward pressures’ | Business and Economy News
The phrase is generally used by Chinese officials to refer to a slowing economy. China’s economy faces new downward pressures and has to cut taxes and fees to address the problems faced by small and medium-sized companies, according to the country’s Premier Li Keqiang. Li did not specify the extent […]
Billionaire investor Stanley Druckenmiller rings the bubble alarm on meme stocks and crypto – and warns a short-term approach can be disastrous
Stanley Druckenmiller. Mark Lennihan/Associated Press Stanley Druckenmiller warned crypto, meme stocks, and many other assets are overpriced. The billionaire investor said the current bubble is much broader than the dot-com bubble. Druckenmiller invests based on how he expects the world to change over the […]
Trump warns on ‘scary’ inflation, says surging prices will ‘ravage our country’
Donald J. Trump joined Yahoo Finance for a wide-ranging conversation covering topics such as the U.S. economy, COVID-19 vaccines, cryptocurrencies, and his thinking on a third run for the presidency in 2024. The full interview will be released on Monday. Former President Donald Trump told Yahoo Finance that inflation is […]