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.
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.
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%…