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Europe and US to face a new energy crisis, this time against Saudi Arabia
Lorenzo Bagnato
6 October 2022 - 18:12
OPEC, the oil exporters organization controlled by Saudi Arabia, decided to cut oil production hence increasing prices. A massive blow for both Europe and the United States.
EU steps up to Russia, finally introducing price cap
Lorenzo Bagnato
5 October 2022 - 19:10
After the illegal annexation of four Ukrainian oblasts, EU ambassadors have approved the 8th package of sanctions against Russia. Finally, a price cap on oil is put on the table.
High interest rates? Here’s why they are a problem
Money.it
5 October 2022 - 10:03
Rising interest rates could be a problem for trading activities and beyond. Let’s see why together
Another energy crisis looming ahead of OPEC meeting
Lorenzo Bagnato
4 October 2022 - 15:38
OPEC might decide to cut oil exports, exacerbating a crisis that already saw the highest inflation in 40 years. Winter will be very cold this year.
Britain’s Liz Truss gives up on tax cuts, but it may be too late
Lorenzo Bagnato
4 October 2022 - 14:30
Liz Truss decided to come back on her decision to cut taxes for the wealthy after much backlash. Her reputation as PM might never recover.