It would be surprising if they had failed to bank some benefit since last June, when Brent crude was trading at above $110. That cascade of lower costs along the business supply chain is likely to continue for some months. Rising oil prices have traditionally posed problems for the global economy, so falling oil prices should lead to stronger growth. … [Read more...] about As oil prices continue to fall, could it spell global trouble for the year ahead?
Usaa money market savings
Neil Barnett, of the Centre for Policy Studies, said: “The bad news for Russia is that the outlook for oil prices appears weaker and weaker. This week, the International Energy Agency cut its demand growth forecast. In combination with still-growing US production and Saudi determination to keep prices low, it means that prices next year are likely to fall yet further.” … [Read more...] about Russian central bank raises interest rate to 17% to prevent rouble’s collapse
Aneisha Beveridge, Head of Research at Hamptons International, said: 'The introduction of the stamp duty holiday has given a further boost to the housing market which was already showing strong signs of recovery even before its introduction. … [Read more...] about Britain’s mini housing boom: Stamp duty cut adds £30,000 to average property asking price with sales up 20% as house-hunters battle to buy before six-month tax break ends
At the weekend, even Berlin began to scale back its famous nightlife. Police began shutting down bars, pubs and clubs across the city on Saturday night, with the city state's health senator Dilek Kalayci saying: 'This is simply not the time for parties. Of 263 confirmed cases in Berlin, 42 can be traced back to nightclubs.' … [Read more...] about British Airways admits job cuts will happen as it axes flights along with Virgin Atlantic, Ryanair, EasyJet and Tui while ministers hint they could give airlines multi-billion pound bailout amid coronavirus shutdown
Complaining is not allowed these days. And in general many Luhansk residents who were formerly quite chatty have turned to silence. They might comment on the weather, but no one is speaking about politics, about the economy, about the state of affairs in the city. Even within the circle of their old friends or former colleagues. Who knows? A word is not a swallow that will fly away – many people are recalling 1937 and the black vans that collected the condemned. Shadows, they say, come at midnight. … [Read more...] about Life on the frontline of the Ukraine conflict