Saudi Arabia to Extend Oil Production Cut by a Month
Posted inChina Economic Conditions and Trends Embargoes and Sanctions International Trade and World Market Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Prices (Fares, Fees and Rates) Production Russia Russian Invasion of Ukraine (2022) Saudi Arabia Stockpiling United States

Saudi Arabia to Extend Oil Production Cut by a Month

The kingdom said its move to reduce oil production by one million barrels a day would continue through September.
Russia’s Wartime Spending Raises Fears of an Economic Bubble
Posted inBanking and Financial Institutions Defense and Military Forces Economic Conditions and Trends Labor and Jobs Politics and Government Real Estate and Housing (Residential) Russia Russian Invasion of Ukraine (2022)

Russia’s Wartime Spending Raises Fears of an Economic Bubble

The economic strength has helped to maintain popular support for Vladimir Putin’s war, but some have warned the state-led spending is threatening the country’s financial stability.