Russia’s massive attack on Ukraine has pushed oil prices to $100 a barrel, a level that a few months ago seemed unreasonable and unattainable. However, the worst could still be to come if you look at the futures curve that shapes the oil market. The market is in a structure known as super-backwardation that usually … Read more
7:00 – 1/03/2022 Updated: 16:26 – 03/1/22 The world tries to corner Russia in the financial system with sanctions that already have their Domino effect. The world’s largest sovereign wealth fund, Norges Bank – with more than 1.16 billion euros under management-, has been one of the first big players in the market in move … Read more
Should Cricketers Focus On Franchise Events Rather Than International Series Franchise cricket like IPL has become quite popular worldwide. This can be understood from the fact that the New Zealand cricketing board did not stop its players from participating in the IPL even though the last few matches of the tournament were clashing with the … Read more
Mikjail Fridman, the Russian oligarch who owns the Dia supermarket chain in Spain, is facing economic sanctions from the European Union against Russia for the invasion of Ukraine. In the draft prepared by the EU Foreign Affairs Council and to which the newspaper has had access The country. The document ensures that Fridman, who also … Read more
28/02/2022 – 10:53 Updated: 15:50 – 02/28/22 The punishment of Russia by excluding the country’s banks from the SWIFT interbank payment system may act as a boomerang against the US, the dollar and its European partners. That is why the Western powers have taken so long to make the decision. To the initial reluctance of … Read more
The President of the Government, Pedro Sánchez, announced tonight in an interview on TVE that “he will speak with the economic agents” and the political parties before implementing the tax increases suggested by the committee of experts from the Treasury, given the circumstances current. “I don’t want to take steps forward, we will have to … Read more
The rise in the Minimum Interprofessional Salary (SMI) is already a fact after it was approved by the Council of Ministers and Royal Decree 152/2022 was published in the Official State Gazette. This increase could affect more than 1.5 million people, although there are certain sectors that may be more affected, due to their characteristics. … Read more
Russia’s entry into Ukrainian territory is attracting attention from all over the planet. The last name to position itself in the conflict has been that of Elon Musk, who could not miss the appointment. In this case, the richest man in the world has come to return internet to ukrainea connection that has been lost … Read more
27/02/2022 – 8:22 Updated: 10:45 – 02/27/22 The President of the United States, Joe Biden, and the President of the European Commission, Ursula von der Leyen, announced this Saturday their intention to to suspend Russian banks from the SWIFT financial mechanism and to paralyze the international assets of the Central Bank of Russiain the battery … Read more
27/02/2022 – 17:53 Updated: 22:23 – 02/27/22 The President of the European Commission, Ursula von der Leyen, announced this Sunday new measures in retaliation against Russia for its invasion of Ukraine. In addition to the expulsion of the SWIFT banking system, it will close the airspace of the European Union to commercial and private flights, … Read more