India decreases its Saudi oil purchases for Russian oil.
Image Credit: livemint.com Two Indian refiners are expected to buy less crude oil from Saudi Arabia in the coming month, after State oil producer Saudi Aramco raised the official selling […]
Peru declares a state of emergency.
Protests across Peru after price surge in fuel and fertilizer.
Pakistan offering economic help to Russia.
Image Credit: Sputnik/Mikhail Klimentyev/Kremlin via REUTERS It has been found that Pakistan is willing to offer economic help to aid Russia to alleviate some of the hard-hitting sanctions on the […]
Tunisia ‘coup’: Prime Minister location unknown, main airport forced to close and soldiers in the streets.
Image Credit: Twitter The Tunisian Prime Minister Hicham Mechichi’s location is unknown after the President Kais Saied suspended the parliament and dismissed him on Sunday after an emergency meeting. If is […]
US 7th Fleet carries out a Freedom of Navigation Operation in the South China Sea.
Image Credit: US Navy As a warning to China over its continued aggression in the South China Sea, on July 12 USS Benfold (DDG 65) carried out a freedom of […]
Lebanon to receive food aid from Qatar as the financial situation worsens.
Image Credit: Issam Abdallah/Reuters The Qatari state news agency QNA reported said that they will be delivering 70 tonnes of food aid every month to Lebanon as the country is […]
Markets in 2021, Up with the Stairs.. Down with the Elevator
Despite the latest inflation readings and possible rate increases in 2023 (Read more here), markets seems to stubbornly shake it off. This behaviour is clear in the US 10-year yield […]
Bitcoin (BTCUSD) New Bull Run?
After a harsh sell-off that wiped almost $1 trillion in the cryptocurrency market, a new bull run might be in play. Bitcoin fell from its all-time high of $64,700 down […]
Fed Maintains Target range at 0 to 0.25%.
https://thevenneconomy.com/2021/06/16/fed-maintains-target-range-at-0-to-0-25/ Summary of Fed Meeting: The path of the economy will depend significantly on the course of the virus. Seeks to achieve maximum employment and inflation at the rate of […]
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