Oil prices rise amid escalating unrest in OPEC+ producer Kazakhstan January 6, 2022 Oil prices have risen on both major benchmarks today, following escalating unrest in OPEC+ oil producer Kazakhstan and supply outages Libya.
Truss warns Putin that Ukraine invasion would be ‘massive strategic mistake’ January 6, 2022 Liz Truss today reconfirmed the UK’s commitment to impose sanctions on Russia if it invades Ukraine, with the foreign secretary set to visit Kiev later this month. Truss told MPs that Russian President Vladimir Putin “has run a long campaign to subvert freedom and democracy in Ukraine” and that “any further military incursion into Ukraine [...]
On the global stage, is 2022 the happy new year we’ve been hoping for? January 6, 2022 As ever, Oscar Wilde put it best: “We are all in the gutter, but some of us are looking at the stars.” Optimism, the most underrated quality in our cynical age, is necessary to get through the day. Analytically, it is also often of more use than the doom and gloom that passes for the [...]
Uniper secures €10bn to cope with gas price volatility January 5, 2022 Uniper has picked up €10bn from parent company Fortum and state bank KfW to avoid a cash crunch amid record gas prices.
From price inflation and Brexit rows to Evergrande and Biden v Putin: Here are the market risks to watch this year January 4, 2022 The world is a pretty turbulent and unpredictable place at the moment, with Covid variants not making life easier. From tensions between Russia and the US over Ukraine’s NATO membership to Brexit conflicts and China’s Evergrande property scandal, 2022 is set to become everything but dull. So what developments and issues could disrupt or disturb [...]
Oil prices remain stable with OPEC+ expected to maintain output increases January 4, 2022 Oil prices have remained stable ahead of today’s OPEC+ meeting, with the organisation on course to increase supplies in the market.
Gas prices rise for second day running as Russia cuts supplies into Europe January 4, 2022 Gas prices have surged for a second day, deepening Europe’s energy woes amid fears of a blackout this winter.
Apocalypse Never: World’s leading powers announce pledge to avoid nuclear war January 4, 2022 China, France, Russia, US and the UK have agreed a "nuclear war cannot be won and must never be fought."
London’s billionaire home buyers market doubled last year January 4, 2022 The London market for multi-millionaire and billionaire home buyers doubled during 2021, with Russian and Chinese buyers set to inject new energy into the market this year. According to a survey from Beauchamp Estates, in 2021 there were 32 sales for London homes with price tags topping £15m, compared to 17 sales in 2020. Over [...]
Bitcoin hashrate touches new all time high January 3, 2022 Bitcoin's hashrate has reached a new all time high after surpassing levels last seen in April 2021, before China's crackdown on crypto miners.