China doubled its import of liquefied natural gas (LNG) from Russia in February from a year earlier, undermining China’s proclaimed “neutral” stance in the ongoing Ukraine war. Beijing bought nearly 401,000 tons of Russian LNG last month, Bloomberg reported on March 21, citing data from Chinese customs officials. That volume made up 8 percent of…
China Bought Twice as Much Russian Liquefied Natural Gas in February
March 23, 2022
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Business & EconomyChinaChina Business & EconomyChinese Regimeeconomic policieseconomyEuropeInternationalInvestmentJoe Bidenliquefied natural gasMarketsRussia-Ukraine WarVladmir PutinWorldXi Jinping
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7 Ways to Protect Your Financial Investments From Theft
Cybersecurity is a growing concern in all areas of life. Businesses and political entities were put on high alert when the SolarWinds hack took place back in 2019. Individuals have also suffered from countless numbers of data breaches in recent years, including big-wig names like Yahoo and Target. Even the rise of supposedly safe cryptocurrency…
Australian Government To Approve Cryptocurrency Platforms
The Australian government has set its sights on the country’s cryptocurrency market in what is expected to be one of the most significant sets of reforms to the country’s payment system in over 25 years. The government is now seeking industry feedback to develop a “tick of approval” for cryptocurrency exchanges—the platforms responsible for connecting…
Warren Buffett Ends Drought With Berkshire’s $11.6 Billion Alleghany Purchase
NEW YORK—Warren Buffett’s Berkshire Hathaway Inc. on Monday struck an agreement to buy insurance company Alleghany Corp. for $11.6 billion, only weeks after the 91-year-old billionaire bemoaned a lack of good investment opportunities. Alleghany, the owner of reinsurer Transatlantic Holdings Inc., would expand Berkshire’s large portfolio of insurers, which includes auto insurer Geico, reinsurer General…
ASML Attempts to Supply Chipmakers With Critical Equipment as Chip Shortage Worsens
March 22, 2022
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Asia & PacificASMLBusiness & Economycomputer chipseconomyEuropeInvestmentMarketsRussia-Ukraine Warsupply chain crisisUSWorld
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Major computer chip makers are facing a critical shortage of manufacturing equipment for the second year in a row as they attempt to increase production in the middle of a supply chain crisis. A global shortage has been causing problems for many chip-reliant industries since the waning of the initial COVID-19 pandemic, with manufacturers struggling…
Zelensky Calls for Direct Talks With Putin, Says Ukrainians Must Vote on Terms of Peace Deal
March 22, 2022
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Business & Economyeconomic policieseconomyEuropeInvestmentpeace talksRussia-Ukraine WarVladimir PutinVolodymyr ZelenskyWorld
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Ukraine’s President Volodymyr Zelensky has called for direct talks with Russia’s President Vladimir Putin, saying such a meeting is needed to understand Putin’s conditions for ending the war. Russia and Ukraine have held several rounds of talks by way of video conferencing, but so far without any significant breakthroughs. Zelensky said direct talks are now…
Australian Financial Experts Welcome ASIC’s Warning to Unlicensed Financial Influencers
March 22, 2022
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ASICAustraliabusiness financebusiness investmentfinancefinancial adviceinfluencerinfluencersInvestmentinvestment advicesocial media influencerSocial Media InfluencersWorld
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Financial experts have welcomed the Australian Securities and Investments Commission’s (ASIC) warning to social media financial influencers for providing financial advice and services online without a license. ASIC stated that financial advice and services must be provided by licensees and that social media influencers, often called finfluencers, who provide financial product advice and financial services…
Free Your Money: Strategies for Keeping Your Money in the Best Place Possible
Have you recently come into some extra cash? It doesn’t matter whether you’ve inherited money, earned a bonus, or sold your house for a profit. Having this spare money gives you a wonderful opportunity to build up your savings or solidify your retirement plan. But, when it comes to choosing the right place to stash…
2nd Hypersonic Missile Used in Ukraine: Russian Defense Ministry
March 21, 2022
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Business & EconomyeconomyEuropehypersonic missileInternationalInvestmentMarketsRussiaRussia-Ukraine WarUkraineWorld
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Russia said it has used a hypersonic missile in Ukraine for the second time since the outbreak of hostilities, this time claiming to have struck a storage facility for fuel and lubricants used by the Ukrainian armed forces near the southern village of Kostiantynivka. Russia’s defense ministry said in a March 20 operational update that…
Russia, Ukraine Nearing Agreement on ‘Critical’ Issues That Could Lead to Ceasefire: Turkey
March 21, 2022
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Business & Economyeconomic policieseconomyEuropeInternationalInvestmentRussiaRussia-Ukraine WarTurkeyUkraineWorld
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Turkish officials on March 19 said that talks between Russia and Ukraine are nearing agreement on “critical” issues that could lead to a ceasefire, so long as the two sides do not backtrack on the progress they have achieved so far. Russian Foreign Minister Sergei Lavrov and his Ukrainian counterpart Dmytro Kuleba met in the Turkish…
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