Category: Russian oil

LIVE NOW: 1 In 5 Home Sellers Dropped Asking Price; Apple Surpasses Android in Smartphone Usage | NTD Business

Homebuyers are getting some breathing room. One in five sellers are cutting prices, and there are also more homes coming onto the market. Apple’s iPhone overtakes Android, taking the lead in the US, accounting for over half of active smartphones. G7 countries agree to cap the price of Russian oil, to hurt Moscow’s ability to fund…


1 in 5 Home Sellers Dropped Asking Price; Apple Surpasses Android in Smartphone Usage | NTD Business

Homebuyers are getting some breathing room. One in five sellers are cutting prices, and there are also more homes coming onto the market. Apple’s iPhone overtakes Android, taking the lead in the United States and accounting for over half of active smartphones. G-7 countries agree to cap the price of Russian oil to hurt Moscow’s ability…


US, South Korea to Expand Cooperation in Foreign Exchange, Price Cap on Russian Oil

The United States and South Korea have agreed to expand cooperation in stabilizing the foreign exchange market and capping the price of Russian oil to alleviate rising global inflation. U.S. Treasury Secretary Janet Yellen met with South Korean Finance Minister Choo Kyung-ho in Seoul on Tuesday to discuss economic security and measures for strengthening supply…


Biden Administration’s 6 Big Gambles on a Price Cap for Russian Oil: Part 2

Commentary The Biden administration is currently focused on pushing China, India, and Japan, along with America’s European allies, to agree to a price cap on Russian oil. The goal is to decrease inflation and mitigate the risk of a global recession—but at the expense of a tough ban on Russian oil. This is detailed in…


G7 to Explore Price Caps on Russian Oil; Ernst & Young to Pay $100M for CPA Cheating | NTD Business

G7 leaders agree to look into price caps on Russian oil. Would it have an impact on Russia’s finances? Warren Buffett is on a buying spree, purchasing hundreds of thousands more shares of an oil company. A prominent crypto hedge fund defaults on a loan worth hundreds of millions of dollars. It’s the latest victim of the…


G-7 to Explore Price Caps on Russian Oil; Ernst & Young to Pay $100M for CPA Cheating | NTD Business

G-7 leaders agree to look into price caps on Russian oil. Would it have an impact on Russia’s finances? Warren Buffett is on a buying spree, purchasing hundreds of thousands more shares of an oil company. A prominent crypto hedge fund defaults on a loan worth hundreds of millions of dollars. It’s the latest victim of the…


Special Report: Sanctions on Russian Oil Drive Restructuring of Global Supply Chain, India and China Benefit

Recently, the European Union applied sanctions on the importation of Russian oil to reduce its dependence on Russia as a source of energy. The EU sanctions combined with those applied by the United States have caused Russia to deeply discount its oil prices. The discounts have provided an opportunity for China and India to increase…


Sanctions on Russian Oil Drive Restructuring of Global Supply Chain, India and China Benefit

The European Union applied sanctions on the importation of Russian oil to reduce its dependence on Russia as a source of energy. The EU sanctions combined with those applied by the United States have caused Russia to deeply discount its oil prices. The discounts have provided an opportunity for China and India to increase the…


US in Talks With Allies on Russian Oil Price Cap, Says Yellen

TORONTO—The United States is in talks with Canada and other allies to further restrict Moscow’s energy revenue by imposing a price cap on Russian oil, Treasury Secretary Janet Yellen said on Monday. “We are talking about price caps or a price exception that would enhance and strengthen recent and proposed energy restrictions by Europe, the…


Gas Prices Hit Record High After EU’s Partial Ban on Russian Oil Imports

Gasoline prices hit a new record on May 31 after the European Union agreed to a partial ban on Russian oil imports by the end of 2022 as part of the sixth package of sanctions against Russia over its invasion of Ukraine. In the United States, prices at the pump rose to a national average of $4.622 per…