Asian equities mostly rose and crude prices stayed below $100 a barrel on Tuesday, with the US and its allies expected to discuss tapping strategic oil reserves to ease supply disruptions caused by Russia’s invasion of Ukraine. Japan’s benchmark Topix index rose 0.7 per cent while South Korea’s Kospi was up 0.8 per cent. In
Month: March 2022
Good morning. A lot of people were wrong about the risk of a full-scale Russian invasion. We were — implicitly if not explicitly — guilty of this too. Some reflections on why this mistake was so common follow. Also, how war raises the stakes in the the crypto debate. Email us: robert.armstrong@ft.com and ethan.wu@ft.com. There
Beverley Schottenstein, right, and her granddaughter Cathy Schottenstein Pattap in Bal Harbour, Florida, on Dec. 30, 2020.Bloomberg News A wealthy Florida grandmother has intensified her legal battle to force two former brokers at J.P. Morgan Securities — her grandsons — to pay her at least $10 million as ordered by regulators for unauthorized trading in
In this article @LCO.1 @CL.1 Traders on the floor of the NYSE, Jan. 26, 2022. Source: NYSE The heavy new round of sanctions on Russia by the U.S. and its allies are likely to push oil prices — and inflation — even higher. That could create a bigger challenge for the Federal Reserve as it
Sharing is Caring! by Martin Armstrong QUESTION: Do you think Putin is losing? JK ANSWER: I really think the rhetoric is dangerous. People are ignoring that the world is dividing. This is creating a dangerous new cold war that can easily turn very hot. If Putin was losing and his position would be in jeopardy, then he
The University of Cambridge is collaborating with some of the world’s top banking institutions and private companies to introduce a new project targeting cryptocurrency research. The Cambridge Center for Alternative Finance, or CCAF, has launched a research initiative aiming to bring more insights on the rapidly growing digital asset industry, the CCAF announced to Cointelegraph
Global wealth boomed during the pandemic, as did the number of wealthy. A new study shows that the number of individuals worth over $30 million jumped by nearly 10% last year, driving one of the largest demands for prime real estate ever witnessed. Knight Frank’s Prime International Residential Index (PIRI), which tracks the value of
Tommaso79 | Istock | Getty Images Although government intervention helped the U.S. avoid the scariest predictions for the possible number of pandemic-related evictions, hundreds of thousands of families still found notices on their doors. Since March 2020, landlords filed more than 750,000 evictions in the six states and 31 cities that The Eviction Lab at
sponsored Humans have always had the ambition to explore outer space. To this day, the Moon Landing remains etched in history as one of the most highly regarded events of all time, one that continues to inspire over half a century later. Space travel is still far from universally available, such that even the planets
Investors know all too well the inevitability of market downturns. While we hummed right along through 2021, this new year and specifically the past few weeks are a sore reminder of what can happen in dramatic fashion. The real threat of continued rising inflation and the invasion of Ukraine by Russia has started testing investor’s
Municipals were flat to firmer in spots, underperforming the U.S. Treasury flight-to-safety rally while stocks ended mixed after much larger losses throughout the day in dramatic swings on continued war in Ukraine. Triple-A benchmarks were little changed to bumped by a basis point or two while UST rallied 10 to 15 basis points with the
(Adds quote from statement, background) By Gustavo Palencia TEGUCIGALPA, Feb 28 (Reuters) – Environmental permits for Honduran metal and non-metal mining will be cancelled, the country’s government said in a brief statement on Monday, describing the industry as harmful and declaring it will specifically prohibit open-pit mining. The statement from the Ministry of Energy, Natural
Gold stocks exhibit strong seasonality because their price action mirrors that of their dominant primary driver, gold. Gold’s major seasonality is… by Adam Hamilton of Zeal LLC The gold miners’ stocks have mostly been consolidating sideways over this past half-year. They’ve been held down by periodic bouts of heavy gold-futures dumping on Fed-tightening fears. But as