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Ruble rally comes to screeching halt

The Russian currency continued to slump on Wednesday, falling to its lowest point since late May against the US dollar and the euro. The ruble was 4.5% weaker against the greenback at 63.90, after touching 64.95, its weakest point since May 30. It was down 3.5% versus the euro, slumping to a five-week low.

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Possible cause of future oil price crash named

Crude could nosedive if the global economic slowdown hurts demand, Citi analysts predict Crude oil could plunge to $65 per barrel this year and fall further to $45 by the end of 2023 if a global recession cripples demand, Citigroup warned on Tuesday.

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US-Mexico border is world’s deadliest – UN

More than 700 migrants died or disappeared trying to enter the US from Mexico last year, the report stated The 2,000-mile (3,200km) border between the US and Mexico is the world’s deadliest land migration route, a recent UN study claimed. Some 728 migrants died or disappeared there last year, an increase of more than 50%…

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