News

ECB ready for June cuts after Eurozone’s GDP, inflation data

L. R.

30 April 2024 - 20:22

The European Central Bank will likely cut rates in June after GDP and inflation data confirm it’s the right moment to do so.

Italian Frigate Downs Drone Over Red Sea

James Hydzik

30 April 2024 - 16:54

An Italian Navy frigate named the Virginio Fasan destroyed a drone that was attacking a merchant ship in the Red Sea.

Paramount preps for major merger after positive quarterly earnings

L. R.

30 April 2024 - 10:39

Paramount Global’s losses narrow as the company emerges from a tumultuous period.

G7 members agree to historic coal phase out

L. R.

29 April 2024 - 22:12

During their meeting in Turin, Italy, G7 member countries set a date for a total phase out of coal power.

U.S. Signals Long-Term Artillery Production Rise After 2 Years of Ukraine Support

James Hydzik

29 April 2024 - 14:00

U.S. Defense Secretary Lloyd Austin announced that that the government was signing off on a $6 billion long-term support plan for Ukraine that involved producing new artillery and missile units and not drawing down on existing stocks. This represents an important change in the way that the U.S. sees military production over the next several years.