Economies booming with Russian wealth and immigration

Russians cross the border between Russia and Georgia days after President Vladimir Putin announced a mobilization campaign on September 21. Daru Solakuri | Getty Images News | Getty Images While many economies are suffering from the impact of Russia’s invasion of Ukraine, a select few countries are benefiting from the influx of Russian immigrants and … Read more

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Ifo Institute says German economic sentiment improved in November The Ifo institute’s German business climate index rose to 86.3 in November from 84.5 in October. “While companies were somewhat less satisfied with their current business, pessimism about the coming months has declined sharply. The recession may be less severe than many expected,” said IFO President … Read more

The next Fed meeting will decide whether stocks can stabilize or fall to market lows

The Federal Reserve is expected to raise interest rates by another three-quarters of a point on Wednesday, but it is what it indicates about future rate hikes that will drive the markets. The central bank’s two-day meeting on Tuesday and Wednesday comes in a week where investors will also be on high alert for more … Read more

Japan’s Nikkei rose 2% in mixed Asian trading after Wall Street rebound

Oil prices rise after Russia threatens to halt energy exports oil prices rose, Recovering from the previous session’s lossesAfter Russian President Vladimir Putin the threat Stop oil and gas exports if European countries impose price ceilings on Russian oil. Brent crude Futures contracts rose 1% to $88.88 a barrel West Texas Intermediate US It added … Read more

Asia Pacific markets trade less; China’s trade data in August missed expectations

The Japanese yen weakens further, slowly approaching 145 The Japanese yen weakened further to 144.35, the weakest since mid-1998 – as the US dollar index strengthened, Reaching a new peak for 24 years against the Japanese currency. The offshore Chinese yuan also weakened to 6.99, slightly approaching the 7 mark, after weaker-than-expected trade data. The … Read more