(Photo by Mark Wilson/Getty Images) Getty Images Key takeaways War in Ukraine and U.S.-China relationship breakdown has put a new spotlight on defense stocks Defense spending in the U.S. is proposed to rise to $842 billion in light of the issues Lockheed Martin, Boeing and Raytheon are some examples of high-profile defense companies to potentially…
Moldova’s President Maia Sandu and European Commission President Ursula von der Leyen hold a joint … [+] press conference following their talks in Chisinau on November 10, 2022. (Photo by Bogdan TUDOR / AFP) AFP via Getty Images Moldova is on the south-western border of Ukraine and already has a territorial dispute with Russia in…
French president Emmanuel Macron speaks during an interview by French journalist and TV host … [+] Caroline Roux in front of pictures of Ukrainian President Volodymyr Zelensky and Russian President Vladimir Putin on October 12, 2022. Macron agrees that China needs to play a peace keeper role, and said Europe may have to “be independent”…
Promised Land. Stage design for the theate play “Mystery-Bouffe” by Vladimir Mayakovsky, 1919. Found … [+] in the Collection of State Central Literary Museum, Moscow. Artist Mayakovsky, Vladimir Vladimirovich (1893-1930). (Photo by Fine Art Images/Heritage Images/Getty Images) Heritage Images via Getty Images Easter Sunday, a day during which Christians contemplate just just what it meant…
Time is Money Concept with Coins and Hourglass. 3d render getty Gold appears to be well-positioned for a strong pump that could carry it to new all-time high prices in 2023—and beyond. As you know, I’ve been following and writing about the precious metal market for a very long time, and I see a number…
Financial interest of the petroleum industry and petrodollar concept with close up on a barrel of … [+] oil spilled over a stack on dollars and the spill spreading across the banknotes getty While most investors were trying to gauge the Federal Reserve’s next moves in light of recent bank failures last week, something interesting…
At 92, with a net worth of $106 billion, Buffett knows a thing or two. Photograph by Michael Prince/The Forbes Collection It makes sense to be bearish on oil prices right now. The sharp pencils agree that the U.S. is headed for imminent recession, prodded by a crisis of confidence in our banking system. The…
Bosphorus Bridge in Istanbul. getty Both Russian and Ukraine need to maintain exports, but Russia’s production and export volumes dwarf those of Ukraine, making Russia an inordinate beneficiary of the grain export deal’s rollover. Much ado has been made over the latest extension of the grain export deal between Russia, Ukraine, and Turkey (Turkey controls…
(Photo by Ozan KOSE / AFP) (Photo by OZAN KOSE/AFP via Getty Images) AFP via Getty Images Many, most especially the Biden White House, ran with the inflation moderation of last summer and fall. Federal Reserve (Fed) Board President Jerome Powell even suggested that he might not have been so wrong in 2021 when he…
A view of the Kremlin’s Spasskaya tower and St. Basil’s cathedral taken during the last day of the … [+] three-day parliamentary and local elections in Moscow on September 19, 2021. – The vote will see lawmakers elected to the 450-member lower house State Duma, where United Russia currently holds 334 seats, and to several…