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.
Berlin is abandoning its own national interests in order to satisfy the whims of its “allies,” the Russian president has said Germany is being bossed by its Western partners because it lacks sovereignty, and its policymakers demonstrate poor leadership skills, Russian President Vladimir Putin stated at a meeting with young Russian scientists on Wednesday.
The Foreign Ministry will approach Southeast Asian nations regarding a switch to national currencies in trade Russia is planning to discuss a switch to national currencies in trade with countries in Southeast Asia, the Foreign Ministry announced on Tuesday. The move comes as part of Moscow’s push to ditch the US dollar and euro in…