Chris Lawrence Oil returns to the load. After a few days of relief in prices (they fell by $40 in a short time), oil seems to have resumed its upward path given the stagnation of the war in Ukraine and the absence of quick and effective alternatives to replace Russian oil on the market. This Monday, the … Read more
Fears of stagflation are already wreaking havoc on stock markets. The action of the central banks that have begun to raise interest rates, such as the Federal Reserve or the Bank of England, is late, according to many analysts. And some, like the European Central Bank, have not even started down that path yet. Meanwhile, … Read more
Europe has no way of supplying the gas it buys from Russia, 40% of the total. As the eurozone is dependent on the outside due to the lack of raw materials and substitution through renewable energies is not expected in the short term, it is necessary to cover the quota of natural gas by seeking … Read more
In the economy, and in the markets, there is a parade of flora and fauna that is used as a metaphor to illustrate different concepts. The inflation monster, the deflation monster, the bulls, the bears, the vultures, the black swans, the gray rhinos… and on and on. In recent years, investors have had to face … Read more
The Russians have sought refuge in gold in the face of sanctions for the invasion of Ukraine, the fall of the ruble and the departure of large Western multinationals from the country. Such is the increase in the demand for gold bullion by households, also motivated by the abolition of the value added tax on … Read more
The Algerian-Italian company Sonatrach-Eni has announced the discovery of an important oil and gas deposit in the Berkine basin, in southern Algeria. “During the production test phase, this well reached 46.4 m3/h (equivalent to 7,000 barrels/day) of oil and 140,000 m3/day of associated gas. Preliminary estimates indicate that this reserve is around 140 million barrels … Read more
Inditex has adopted a more dividend-oriented profile and for this, it has not only clarified its roadmap for this year, but has also left brushstrokes given for the next one, with an extraordinary 0.4 euros. The textile firm will pay two payments of the same amount on May 2 and November 2 of this year, … Read more
The pandemic has caused a growth in mistrust in social relationships. The closeness and interest with which new people were previously known gave way to a sea of concerns about a possible contagion. This, of course, also influenced sexual relationships around the world, something that was clearly reflected in condom sales. Karex’s sales volume, for … Read more
The fear that a rapprochement between China and Russia in the midst of the Ukraine war would end in sanctions against China, and the threat of expulsion from Wall Street of several non-transparent Chinese companies, caused the Asian country’s listed companies on the US stock market to falter in the last days. More than a … Read more
In late March 2021, an Evergreen container ship ran aground in the Suez Canal, halting international trade for almost a week. A year later, history repeats itself. Another ship operated by the same company has been since Sunday 13 stuck in the chesapeake bayin Baltimore. The 1,095-foot Ever Forward was en route to Norfolk, Virginia, … Read more