ASIA: The global economic fallout of the war in Ukraine is expected to negatively impact India’s economy, while the immediate impact of the conflict on China is likely to be relatively small, the IMF said on Thursday. The IMF said it will lead to higher inflation and current account deficit. The major Asian stock markets had […]

ASIA: Indian banks may face some headwinds from the Russia-Ukraine crisis, which could lead to higher inflation and some stress for borrowers, S&P Global Ratings analyst informed. Indian banks’ direct exposure to Russia and Ukraine is limited, and the direct impact from the conflict is likely to be marginal, S&P analysts said. Gross non-performing assets […]

Americans want President Biden to “green light the restart of the building of the Keystone XL pipeline that would transport oil from Canada’s oil sands region through the Midwest to refineries in Texas.” Maru Public Opinion for Postmedia noted in a poll that 71% of Americans support the idea. Around 39% state they favor the […]

ASIA: Singapore’s economy might be less directly impacted by the war in Ukraine or the sanctions on Russia, but a potential hit to global growth and rising inflation can eventually put a dent on its economic outlook. Russia represents a rather small share of global gross domestic product (GDP) at about 1.6 per cent, and it […]

Japan has made the very same mistake just the following orders from Washington about seizing Russian assets. The Japanese government is freezing the assets of 17 more Russian politicians tycoons, and their relatives to step up sanctions and pressure Moscow to end its invasion of Ukraine. Russia froze, in turn, a list of US politicians […]

There are so many events that took place on the ECM turning point it is hard to cover them all. Aside from the fact that this target will most likely also see the first interest rate rise by the Fed signally that this trend has changed, the SEC came out in full force warning about […]

ASIA: India will issue at least 240 billion rupees ($3.3 billion) in sovereign green bonds as the country marks a shift towards a low-carbon economy, Reuters reported. The debut sale may take place in the first half of the fiscal year that starts on April 1, and a decision to sell more green debt will depend […]

Once again Joe Manchin has broken away from party lines to prevent the Democrats from destroying the global economy. Manchin announced that he would not support President Biden’s pick for Fed chair, Sarah Bloom Raskin, as her personal views on climate change could drastically alter Fed policy. “I have carefully reviewed Sarah Bloom Raskin’s qualifications […]

ASIA: Japanese authorities ordered crypto exchanges on Monday not to process transactions involving crypto assets subject to asset-freeze sanctions against Russia and Belarus over the war in Ukraine. The Japanese government will strengthen measures against the transfer of funds using crypto assets that would violate the sanctions, the FSA and the Ministry of Finance said […]

“We are now in very active discussions with our European partners about banning the import of Russian oil to our countries while, of course, at the same time maintaining a steady global supply of oil,” Secretary of State Blinken said on “Meet the Press” on NBC last Sunday. Then we have Biden blaming the price […]