Syria’s Central Bank decision to expand the list of financing imports in dollar according to the market trading rate is reflected in the real value of the Syrian pound and will lead into the trap of trade-offs between: providing goods at higher prices, in exchange for a new collapse of the...
(Reuters) - Oil prices tumbled to their lowest in almost three weeks on Tuesday as supply disruption fears eased and surging COVID-19 cases in China spurred demand concerns. Brent futures were down $7.89, or 7.3%, at $99.01 a barrel by 1446 GMT while U.S. West Texas Intermediate (WTI) crude...
The “Evropeisky” mall in Moscow was once a symbol of a Russia integrated into the global consumer economy, with atriums named after cities like London, Paris and Rome. But now large parts of the seven-story shopping center have gone quiet after Western brands from Apple to Victoria’s...
NEW YORK (AP) — Stocks closed lower Tuesday following another wobbly day of trading on Wall Street, as oil prices climbed after the U.S. banned imports from Russia. The economic fallout from its invasion of Ukraine also rocked the market for nickel, driving up its price so much that...