The Organization of the Petroleum Exporting Countries (OPEC) is not sticking with the planned oil production increase in November under the OPEC+ deal, a Reuters survey has found. Read Full Article at RT.com
‘Vladimir Putin’s pipeline weapon’: What’s really going on with Nord Stream 2?
newsdepo.com
The delivery of Russian natural gas to Europe via the Nord Stream 2 pipeline is likely to be delayed for another six months, Germany’s ambassador to Ukraine said on Monday. Read Full Article at RT.com
Kiev faces a financial penalty of as much as $4.5 billion, after a group of Chinese investors brought legal action against the country over violating the China-Ukraine bilateral investment agreement. Read Full Article at RT.com
Global crude prices are recouping some of last week’s losses as of Monday. The Organization of Petroleum Exporting Countries (OPEC) is considering suspending a planned output increase due to the spread of the new Covid-19 strain. Read Full Article at RT.com
Two more nations sign up to China’s New Silk Road initiative
newsdepo.com
Eritrea and Guinea-Bissau have announced plans to join the Belt and Road Initiative (BRI), actively promoted by Beijing. The two nations have reportedly signed a formal agreement with China ahead of a key regional forum. Read Full Article at RT.com
Nearly all of Russia’s oil production will consist of the so-called hard-to-recover crude reserves unless the country speeds up and incentivizes exploration, Russia’s Deputy Energy Minister Pavel Sorokin said on Wednesday. Read Full Article at RT.com
Major efforts to bring down the cost of generating wind power should be restrained, the head of a turbine-making major has warned, citing the industry’s limited ability to continue investing in new technologies and enterprises. Read Full Article at RT.com
Energy majors facing $3.3 trillion 'green' nightmare
newsdepo.com
The largest international oil and gas firms wrote down assets worth $150 billion last year when prices crashed with the demand slump in the pandemic. Read Full Article at RT.com
The global supply chain is broken. Experts point out to a perfect storm of issues that have combined to break a system that used to run relatively smoothly. Read Full Article at RT.com
A major shareholder and long-time supporter of embattled property developer China Evergrande Group has slashed its stake in the company and is planning to dump all of its shares in the near future. Read Full Article at RT.com
Cryptocurrencies crashing in major hub amid looming ban
newsdepo.com
Crypto prices have been plummeting in India since a government proposed bill seeking to ban private virtual currencies sent holders into a panic-selling mode. Read Full Article at RT.com
Taiwan is considering cooperation with Eastern European states on semiconductors amid the global chip supply shortage, a Taiwanese minister revealed on Thursday. Read Full Article at RT.com
OPEC and Russia are mulling a pause in the previously agreed on increase in oil production after Washington’s announcement of the release of strategic crude reserves, media reports say. Read Full Article at RT.com
Southeast Asia’s largest bank brought to its knees
newsdepo.com
Singapore’s DBS Group, Southeast Asia’s largest bank, has faced two consecutive days of mass disruption in its online banking services. Read Full Article at RT.com
Tesla CEO Elon Musk has threatened to give the US investment banking giant JPMorgan Chase a bad review on the Yelp platform unless the bank withdraws its $162 million lawsuit against him. Read Full Article at RT.com
Trump praises himself after Biden taps oil reserves
newsdepo.com
Former US President Donald Trump slammed Joe Biden’s move to release 50 million barrels of oil from the US strategic reserves, calling it an “attack” on the reserves and claiming credit for filling them up earlier. Read Full Article at RT.com
Trump praises himself for making oil reserves ready for tapping
newsdepo.com
Former US President Donald Trump slammed Joe Biden’s move to release 50 million barrels of oil from the US strategic reserves, calling it an “attack” on the reserves and claiming credit for filling them up earlier. Read Full Article at RT.com
Biden’s oil gamble: How US tapping its reserves will influence energy crisis
newsdepo.com
Washington has announced plans to release crude reserves from the nation’s stockpile as part of what it calls a global effort by energy-consuming nations to calm the rapid rise in fuel prices. Read Full Article at RT.com
China tech regulation spells end of Alibaba dominance
newsdepo.com
Tech giant Alibaba’s stock continued to tumble on Tuesday, falling 18% this month and wiping out all of October’s gains on concerns over possible renewed regulation of online platforms in China. Read Full Article at RT.com
Get ready to pay more for goods as container shipping costs skyrocket
newsdepo.com
Large-scale global supply chain issues during the Covid pandemic have been weighing on individual companies, becoming a major reason for their declining profit margins and rising prices for consumer goods. Read Full Article at RT.com
Restaurant chain invests all profits in bitcoin and makes a fortune
newsdepo.com
A family-based restaurant chain in Canada has more than quadrupled its gains by investing all profits in bitcoin, which helped keep the firm afloat during the Covid-19 pandemic and allowed it to expand. Read Full Article at RT.com
IMF stresses crypto risks amid ‘Bitcoin City’ plans
newsdepo.com
The International Monetary Fund has warned that bitcoin poses “significant risks” to consumers, citing El Salvador’s recent move to make the e-token legal tender as the country prepares to launch a crypto-funded “Bitcoin City.” Read Full Article at
US President Joe Biden has renominated Jerome Powell as chairman of the Federal Reserve for a second term. The move had been widely anticipated by market-watchers. Read Full Article at RT.com
Billionaire Elon Musk has tweeted that 50% of the messages he posts on Twitter are sent while sitting on the “porcelain throne.” Read Full Article at RT.com
El Salvador’s president, Nayib Bukele, announced plans to build a ‘Bitcoin City’ that will be funded initially by bitcoin-backed bonds, doubling down on his bet to harness the cryptocurrency to fuel investment in the country. Read Full Article at RT.com
US tech giant Apple has affirmed its employees’ right to talk about their pay and working conditions. The step comes as a result of its staff’s consolidated efforts to protect themselves in the so-called #AppleToo movement. Read Full Article at RT.com
Tech giant insists its workers may now speak freely about pay, conditions
newsdepo.com
US tech giant Apple has affirmed its employees’ right to talk about their pay and working conditions. The step comes as a result of its staff’s consolidated efforts to protect themselves in the so-called #AppleToo movement. Read Full Article at RT.com
US tech giant Apple has affirmed its employees’ right to talk about their pay and working conditions. The step comes as a result of its staff’s consolidated efforts to protect themselves in the so-called #AppleToo movement. Read Full Article at RT.com
Amazon execs stuck in middle of marijuana smuggling case
newsdepo.com
The executive directors of the US e-commerce giant Amazon have been charged in connection with the alleged use of the retail platform for smuggling marijuana in the South Asian market. Read Full Article at RT.com
As fleet of Russian tankers heads to US, Japan considers pitching in
newsdepo.com
Japan is considering tapping into its national oil reserves, the country's PM has confirmed, after Washington reportedly urged top oil consumers to release their reserves to tackle high crude prices. Read Full Article at RT.com
RT’s Boom Bust looks at how US Fed is creating money especially for Biden’s spending bill
newsdepo.com
The US House of Representatives has finally voted to pass President Joe Biden’s expansive $1.9 trillion social and climate spending bill. The central pillar of the president’s agenda must now go before the Senate. Read Full Article at RT.com
The gold jewelry market in the US has remained robust through 2021, despite a dramatic slump in consumer confidence recorded since April, according to London-based consultancy Metals Focus. Read Full Article at RT.com
What will robots do to your job? Boom Bust finds out
newsdepo.com
US employers are in a tough spot as millions of Americans have left their jobs for a wide range of reasons, including better benefits or wages, forcing North American companies to raise orders for robots to record numbers. Read Full Article at RT.com
Russian fleet en route to US to help battle fuel crisis
newsdepo.com
The US is reportedly getting ready to receive a bulk shipment of diesel from energy-rich Russia as Washington strives to cool down the fuel's retail price, which has recently hit its highest level since 2014. Read Full Article at RT.com
Hillary Clinton explains ‘destabilizing’ potential of crypto
newsdepo.com
Cryptocurrencies have the potential to weaken and destabilize entire nations over time, says Hillary Clinton, former US secretary of state and Democrat presidential candidate. Read Full Article at RT.com
Biden’s push to tap oil reserves faces major hurdle
newsdepo.com
India has reportedly rejected the latest call to release the strategic petroleum reserves made earlier this week by US President Joe Biden, who insists that the measure would temper rallying crude oil prices. Read Full Article at RT.com
Chinese EV with Tesla-beating stats ready to hit the road
newsdepo.com
Chinese electric-car manufacturer Xpeng on Friday revealed its all-new flagship SUV that comes with an ultra-high-power charger. It is the automaker’s first model designed specifically for global distribution. Read Full Article at RT.com
UN names threat that may cause global spike in prices
newsdepo.com
The recovery of the global economy is in jeopardy due to the surge in container shipping rates, which are likely to continue well into 2022, the UN’s trade and development agency, UNCTAD, said on Thursday. Read Full Article at RT.com
Max Keiser talks to Robert Breedlove, the founder and CEO of Parallax Digital, a services firm specializing in crypto asset investments and digital securities consulting. Read Full Article at RT.com
The world’s biggest internet search company on Wednesday inked a “pioneering” deal to pay Agence France-Presse (AFP) for its news content under a new French law. Read Full Article at RT.com
