Russia Dumps $5 Billion From Oil Fund, Embraces Euro, Yuan Instead
Russia has dumped a significant portion of the greenback from its oil fund last month, in favour of other currencies
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Author: Hermina Paull
IEA: Global Crude Demand Expected to Reach Pre-Pandemic Levels in 2022
The global demand for crude oil is expected to reach pre-Covid-19 levels as early as the second half of next
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Building Construction Investment Jumps 6.3% in April
Investment in building construction marked yet another increase in April, rising by 6.3% amid a strong jump in investments towards
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Tesla Booted from Sustainability ETF Over Environmental, Labour Failures
It appears that the headaches for Tesla continue to pile up: a major Australian fund manager, BetaShares, has officially eliminated
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It’s Just Transitory: Core CPI Surges by Sharpest Rate Since 1992
On this episode of “Its Just Transitory!” Well here it is, folks! The jaw-clenching figure we have all been waiting
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China’s Foreign Reserves Jump to $3.22 Trillion Amid Weakening US Dollar
China’s foreign currency and gold reserves jumped by more than forecasted in May, amid a weakening US dollar. According to
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Clean Energy Fuels Sent Surging as Reddit Crowd Finds New Short Squeeze Target
It appears that retail traders, particularly those that identify as part of the Reddit congregate, have found yet another meme
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El Salvador Becomes First Country to Approve Bitcoin as Legal Tender
While some countries are outright banning the use of cryptocurrencies, El Salvador has passed a new legislation that grants bitcoin
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Canada Posts Trade Surplus of $594M as Global Chip Shortages Disrupt Auto Industry
Canada’s trade balance reverted back to a surplus, as imports fell amid ongoing global supply disruptions, particularly in the auto
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Equifax: Mortgage Borrowing Sends Canadian Consumer Debt to $2.1 Trillion
Consumer debt loads have risen dramatically over the past quarter despite declining credit card use, as Canadian households allocate more
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