Economy
Hungary’s Orban Tries to Derail EU Plan to Cut Russian Gas
Hungarian Prime Minister Viktor Orban has said he will do everything possible to block the European Union’s plan to ban...
EU May Expel Russian Banks from SWIFT in Sanctions Expansion
The European Union is preparing a sweeping new package of sanctions aimed at further choking Russia’s ability to fund its...
June 1 Deadline: Trump Threatens EU with 50% Tariffs, Rules Out Deal
United States President Donald Trump declared he is not seeking any agreement with the European Union, despite imposing a punishing...
Russia’s Tanker Giant Sovcomflot Bleeds Nearly $400 Million from Sanctions
Russian state owned oil tanker company Sovcomflot has reported a staggering loss of 393 million US dollars (approximately £308 million)...
Berlin Supports Permanent Ban on Nord Stream 2
The European Union is preparing a fresh round of sanctions aimed at permanently blocking the use of the Nord Stream...
Canadian and US Markets Experience Significant Losses Over US Government Debt
Toronto, Canada – Canada's main stock index experienced its most significant decline in nearly six weeks on Wednesday, mirroring even...
Global Tariffs and Ukraine Dominate G7 Finance Discussions in Banff
Banff, Canada – Top economic officials from the Group of Seven (G7) nations convened for a full day of private...
Canadian Auto Executives Call for Domestic Carmaker Exploration
Toronto, Canada – Leading figures in Canada's automotive industry are urging the country to leverage the industrial crisis brought about...
Canada Considers Joining US Missile Defence Programme
Ottawa, Canada – Prime Minister Mark Carney confirmed on Wednesday that Canada is actively considering participation in the contentious "Golden...
US Mint Moves to Eliminate Penny, Citing Economic Inefficiency
Washington, D.C. – The US Mint is reportedly ceasing production of the penny, following a directive from the administration of...