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Will oil hit $100 a barrel?
In the primary half of the 12 months Saudi Arabia and its allies within the Organisation of the Petroleum Exporting Countries (opec) seemed to be digging themselves into an ever-deeper gap. Crude costs, which exceeded $125 a barrel for a lot of June final 12 months, languished beneath $85. To arrest the slide, which had […]
7 mins read
The costs of Russia’s war are about to hit home
Over the previous yr few currencies have performed worse than Russia’s rouble. Last September an American greenback purchased simply over 60 of them. These days it’s going to purchase nearly 100 (see chart 1). The drop is each a symbolic blow to peculiar Russians, who equate a robust forex with a robust nation, and the […]
10 mins read