US engineering artificial Russian default – analyst

The latest US decision to not extend the general license waiver that allows Russia to make sovereign debt payments is an attempt to force the sanctions-hit nation into an “artificial default,” according to Kyle Shostak, the director & CEO at Navigator Principal Investors.

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Britons facing record prices at the pump

The average price of petrol in the UK has gone above £1.70 a liter for the first time, according to the latest data revealed by the motoring organization RAC. The cost of unleaded petrol, the British term for gasoline, was reported to have reached £1.69 ($2.12) per liter on Monday, up from £1.68 recorded on…

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World has only 10 weeks of wheat supply left, expert warns

Widespread fertilizer shortages, supply-chain issues and record droughts are the major reasons behind the crisis Global food insecurity has reached levels not seen since the financial crisis of 2008, according to Sara Menker, CEO of Gro Intelligence, a global company that uses artificial intelligence and public and private data to predict food supply trends. She…

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