The Real Reason Gas Prices Are So High
What's pushing oil and gas prices up? Mainly an effort by oil firms in US and elsewhere to resist overproducing, which has torpedoed profits in past.
Recent
Russian Stock Trading to Resume After Record Market Shutdown
The Moscow Exchange will resume trading in 33 Russian equities, including some of the biggest companies such as Gazprom and Sberbank, on March 24.
Russia Lost Access to Half Its Reserves, Finance Minister Says
Russia has lost access to almost half of its reserves and sees more risks to Putin’s war chest due to increased pressure from the West.
Morgan Stanley Says Russia’s Set for Venezuela-Style Default
“We see a default as the most likely scenario,” Simon Waever, firm’s global head of emerging-market sovereign credit strategy, wrote in a Monday note.
Moody's Cuts Russia Rating to Ca on Rise in Default Risk
Moody's cut Russia's credit rating to Ca on Sunday, the second-lowest rung of its ratings ladder.
Ruble Whipsawed as Exporter Dollar Sales Can’t Offset Rout
Ruble headed for a third day of losses, sinking as low as 110 per dollar.
Credit Suisse Asks Investors to Destroy Documents Linked to Oligarch Yacht Loans
Credit Suisse asked hedge funds, other investors to destroy documents relating to its richest clients’ yachts and private jets.
