A new report outlined how a major escalation of the conflict between Israel and Hamas could fuel a new bout of inflation.
Tag: Prices (Fares, Fees and Rates)
Biden Seeks to Tame Oil Prices if Mideast Conflict Sends Them Soaring
The president has previously drawn down the Strategic Petroleum Reserve to ease price pressures, but that could be more difficult now
Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
U.S. Clamps Down on Russian Oil Sales With New Sanctions
Finance ministers from the Group of 7 pledged more support for Ukraine and condemned Hamas.
Fragile Global Economy Faces New Crisis in Israel-Gaza War
A war in the Middle East could complicate efforts to contain inflation at a time when world output is “limping along.”
Former Americans Who Gave Up Their Citizenship Want Their Money Back
Former U.S. citizens who live abroad have filed a class-action lawsuit saying the $2,350 fee to relinquish their nationality was exorbitant.
Russia’s Interest Rate Hike Highlights Economic Struggle Amid Ukraine War
With the third-largest interest rate increase in a decade to shore up the ruble, Moscow’s policymakers are pursuing the conflicting goals of paying for the war against Ukraine and taming inflation.
Canada’s Child Care Program Eases Day Care Fees for Parents
A national program is reducing day care fees to as low as 10 Canadian dollars, about $7.60, per day, a relief for families even as a surge in demand has created obstacles.
Russia and Saudi Arabia’s Oil Partnership Shows Strain
Analysts said the countries’ mutual need to keep energy prices high would help them maintain close ties, despite signs that Moscow has undercut previous deals.
State Farm Stops Offering Insurance in California
The largest insurer in California said it would stop offering new coverage. It’s part of a broader trend of companies pulling back from dangerous areas.