In Russia’s War on Ukraine, China and India Emerge as Financiers
Their purchases of Russian crude are undermining the West’s efforts to isolate the Kremlin and upending the global oil markets.
Their purchases of Russian crude are undermining the West’s efforts to isolate the Kremlin and upending the global oil markets.
Recessions since World War II have lasted just over 10 months each, on average. The last one, which began in 2020, lasted just two months.
Central banks had a longstanding playbook for how inflation worked. In the postpandemic era, all bets are off.
The annual tests hold new significance as inflation persists and signs of a coming downturn continue to accumulate.
Around 200,000 who sought relief after attending schools that the Education Department said showed signs of “substantial misconduct” will have their federal student loans wiped out.
The company is trying to reduce costs while it confronts declining subscriber growth.
Mark Zuckerberg, who once said securing elections was “the most important thing,” has shifted Meta’s focus to the metaverse. That may have real-world implications.
Germany’s economy minister triggered the second stage of an emergency plan a week after Russia cut back on gas to Europe, sending prices soaring and raising fears of shortages.
Mitoshi Matsumoto, who defied corporate edicts by closing for a few hours every night, was ordered by a judge to hand over his store near Osaka, Japan, and pay damages to the corporate giant.
Germany’s economy minister triggered the second stage of an emergency plan a week after Russia cut back on gas to Europe, sending prices soaring and raising fears of shortages.