News
Trump's economic advisor stated that ending the war with Iran could pave the way for a Fed rate cut
13+ hour, 40+ min ago (270+ words) May 24 2026, 08: 30 PM462views Kevin Hassett stated that peace with Iran would cause energy prices to collapse. This would give the Federal Reserve the opportunity to ease monetary policy. Donald Trump's chief economic adviser, Kevin Hassett, stated that a potential end to the…...
Putin is leading Russia to bankruptcy; in recent months, Russia has lost 10% of its oil refining capacity " Zelenskyy
6+ day, 16+ hour ago (130+ words) May 18 2026, 05: 42 PM554views Due to the strikes, Ukraine has reduced Russia's oil refining by 10%, forcing companies to shut down wells. Russia's budget deficit has already exceeded annual targets. President of Ukraine Volodymyr Zelenskyy stated that in these months, 10% of Russian oil refining…...
Gold prices fall amid inflation fears fueled by a protracted war with Iran and the crisis in the Strait of Hormuz | "
1+ week, 7+ hour ago (332+ words) May 18, 2026 at 02: 39 AM "1980 "i" Gold prices continue to decline amid fears of rising inflation due to the protracted conflict between the US and Iran. Investors are monitoring the situation around the Strait of Hormuz, which remains effectively blocked for normal…...
Global companies have begun stockpiling raw materials due to risks of an energy crisis amid the war with Iran | "
1+ week, 1+ day ago (370+ words) May 17, 2026 at 12: 36 AM "1146 "i" Global manufacturers and industrial companies have ramped up purchases of raw materials and supplies due to fears of potential energy shortages and new disruptions in global supply chains amid the war with Iran. This was reported…...
In Argentina, despite historically high consumption of red meat, people are abandoning beef en masse
1+ week, 1+ day ago (492+ words) May 16 2026, 10: 20 AM1938views Beef consumption in Argentina has fallen to 44. 5 kg per person due to Javier Milei's policies. Citizens are switching to cheaper pork and poultry. Beef consumption in Argentina has fallen to its lowest level in 20 years due to rising prices,…...
In Argentina, despite historically high consumption of red meat, people are abandoning beef en masse | "
1+ week, 1+ day ago (535+ words) May 16, 2026 at 10: 20 AM "1718 "i" Beef consumption in Argentina has fallen to its lowest level in 20 years due to rising prices, UNN reports, citing AP. Red meat consumption in Argentina " historically one of the world's largest beef consumers " has fallen to…...
Russia's economy has begun to decline for the first time since 2023 due to military spending - Bloomberg
1+ week, 2+ day ago (242+ words) May 15 2026, 06: 00 PM1266views Russia's GDP contracted by 0. 2% in the first quarter of 2026. This is the first decline of the war economy in the last three years. The military component of the Russian economy has contracted for the first time since 2023. This has…...
Russian recession has collapsed Belarus's economy - intelligence
1+ week, 3+ day ago (399+ words) May 15 2026, 04: 15 AM1100views In the first quarter of 2026, Russia's GDP fell by 0. 3%, while Belarus's fell by 0. 4%. The reasons were the high interest rates of the Central Bank of the Russian Federation and Minsk's deep dependency. The Russian economy ended the first quarter…...
Russian government slashes economic growth forecast by two-thirds
1+ week, 5+ day ago (568+ words) May 12 2026, 12: 25 PM974views Russia's GDP growth forecast has been lowered from 1. 3% to 0. 4% due to war spending. The budget deficit has reached $60 billion amid sanctions and inflation. The growth forecast for the Russian economy, which is under pressure from massive spending on the…...
Gold holds above $2, 740 amid Hormuz Strait crisis and fears of new inflation
1+ week, 6+ day ago (267+ words) May 12 2026, 03: 01 AM1588views The spot price of gold rose to $2, 742 per ounce due to the conflict with Iran. Silver surged by 7% amid expectations of the U. S. inflation report. Gold prices remain near the $4, 740 per ounce mark following heightened inflation fears due to the…...