As risk has escalated, central banks have bought more gold to stash in reserve. A widening Middle East war could add to the urgency.
Category: Russia
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Why Countries Are Stocking Up on Gold
The New York Times – Business: -
Loss of Emirates Further Weakens OPEC’s Influence
The New York Times – Business:The exit of the United Arab Emirates is the most significant in a series of departures from the oil cartel in recent years.
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The World Needs Natural Gas Now, but the U.S. Is Exporting All It Can
The New York Times – Business:Even the largest global supplier of liquefied natural gas can’t make up for the shortfall since the war in Iran cut off an important source.
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Pentagon Seeks Help From Ford and G.M.
The New York Times – Business:Concerned about the slow pace and high cost of weapons production, Pentagon officials have begun talks with General Motors and Ford Motor about producing certain parts.
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The Escalating Global A.I. Arms Race
The New York Times – Business:China, the U.S., Russia and others have ramped up their contest over artificial-intelligence-backed weapons and military systems. The buildup has been compared to the dawn of the nuclear weapons age.
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Why the Iran War May Force Countries to Rely Less on Natural Gas
The New York Times – Business:The U.S. and other exporters are poised for a windfall, but disruptions to Persian Gulf supplies are also pushing gas-buying countries to consider alternatives like coal, solar and nuclear energy.
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Can This Russian Bakery Survive a 3,500% Tax Increase?
The New York Times – Business:The challenges faced by a small-business owner near Moscow highlight how Russia’s war-drained economy is on the doorstep of a major crisis.
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Cheap Drones Remain Wild Card in Iran war
The New York Times – Business:Stopping Iran’s production of drones is critical to opening the Strait of Hormuz and halting its attacks on Gulf nations. But can it be done?
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Russian Oil Shipment Puts Focus on Kremlin Spy Outpost in Cuba
The New York Times – Business:Moscow may be challenging President Trump’s effort to choke Cuba’s economy. China also has suspected listening posts on the island.
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How the Iran War Narrowed Flight Corridors Between Europe and Asia
The New York Times – Business:One of the few paths left between the two continents threads through Azerbaijan, Georgia and Turkey, as global conflicts complicate aviation logistics.