OPEC+ Delays Oil Output Hike to April, Extends Production Cuts Through 2026 Navigating Turbulent Oil Markets with Strategic Adjustments In an effort to stabilize volatile global oil markets, OPEC+ has announced significant revisions to its production plans. The coalition has delayed the start of planned output hikes to April 2025 and extended its current production […]
World War III: Are We Already Living Through Its Opening Chapter? In a world already strained by economic turbulence, social upheaval, and unprecedented technological change, a chilling new warning has emerged: World War III might not just be looming—it could already be here. This unsettling assertion comes from none other than Jamie Dimon, the CEO […]
Henley & Partners, which supports high-net-worth individuals (HNWI) in seeking citizenship around the world, teamed up with New World Wealth to conduct the analysis. Henley’s most recent instalment of its Global Citizens Report updated projections for the migration of millionaires. While Russia currently has 101,100 millionaire residents, around 15,0000 (15%) of them are expected to […]
According to CNBC, Tesla wrote in an email to its European employees: “For any Tesla employee who is a Ukrainian national and has been asked to return to Ukraine for active duty as a reservist, we will maintain their employment and salary for 3 months, with a view to assessing after this period as needed.” […]
As Russia’s unprovoked attack on Ukraine continues, heads are increasingly turning to the country’s president and his mysterious fortune. How rich is Russian President Vladimir Putin? Is Putin richer than Tesla CEO Elon Musk? And how did Putin amass his elusive net worth? President Putin’s Net Worth In 2018 the Kremlin disclosed that President Putin […]
Hermes and Cartier were the first brands to announce such moves, shortly followed by Chanel, Kering, and LVMH. Via a LinkedIn post, French fashion house Chanel said, "Given our increasing concerns about the current situation, the growing uncertainty and the complexity to operate, Chanel decided to temporarily pause its business in Russia.” Meanwhile, luxury goods […]
As sanctions against Russia increase following its unprovoked attack on Ukraine, the nation’s billionaires with ties to President Vladimir Putin are moving their luxury superyachts to avoid having them seized. As reported by CNBC, data from Marine Traffic shows that at least four luxury superyachts owned by Russia’s wealthy are currently being relocated to safer […]
Oil giant Shell has announced it will exit its joint ventures with Russian energy giant Gazprom, just a day after BP said it planned to divest its nearly 20% stake in the Russian oil company Rosneft. Shell’s decision will see the oil giant pull out of its 27.5% stake in Gazprom, its 50% stake in […]
“Elon Musk, while you try to colonise Mars — Russia try to occupy Ukraine! While your rockets successfully land from space — Russian rockets attack Ukrainian civil people!" Ukraine’s vice prime minister, Mykhailo Fedorov, tweeted. Internet connectivity in Ukraine has been heavily impacted by the Russia invasion, particularly in the south and east of the […]
The economic integration of the Eurasian Economic Union (EAEU) and free flow of goods between member states has represented a positive step forward economically for the region.
Being one of the world’s biggest sporting events, on a par with the Olympics, the FIFA World Cup invites 32 nations to compete across the globe. This in turn leads to a global viewership that is targeted for mass marketing by thousands of companies worldwide. Some with big pots of money jump in to officially […]
Alibaba Group CEO Jack Ma and Russian Prime Minister Dmitri Medvedev participated in a plenary session on digital economy at the 2017 Moscow International Forum 'Open Innovations', in the Russian capital, Tuesday. According to Ma, "in the next 30 years, [the] internet is going to be as important as electricity. [The] internet is more important […]
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