Global Economy | The Business Standard

FILE PHOTO: Workers connect hoses between a pipeline and water tanks at a Hess fracking site near Williston, North Dakota November 12, 2014. Picture taken November 12, 2014. REUTERS/Andrew Cullen/File Photo

Global Economy

A shale booster shot: 'Re-fracs' rise as cheap way to lift US oil output

An employee handles Indonesian 50,000 rupiah banknotes at a currency exchange in Jakarta.Photographer: Dimas Ardian/Bloomberg

Global Economy

Goldman warns of Asia currencies coming under further pressure

FILE PHOTO: General view of the Total oil refinery at La Mede near Marseille, southern France, July 2, 2015. REUTERS/Philippe Laurenson/File Photo

Global Economy

EU countries to discuss options to jointly curb gas demand

A worker sits on a truck being loaded with coal at a railway coal yard on the outskirts of the western Indian city of Ahmedabad, Nov 25, 2013. REUTERS/Amit Dave

Global Economy

Asia's coal prices hit new highs amid global race for fuel

Russian Rouble banknote is placed on U.S. Dollar banknotes in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Global Economy

The Bolsheviks to Putin: A history of Russian defaults

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Russian Trading System (RTS) Index, Japan's Nikkei index and the Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, February 25, 2022. REUTERS/Kim Kyung-Hoon

Global Economy

Asian markets extend rally as rate hike fears subside

The clock on Spasskaya tower showing the time at noon, is pictured next to Moscow?s Kremlin, and St. Basil?s Cathedral, March 31, 2020. REUTERS/Maxim Shemetov

Global Economy

Russia slips into default zone for the first time since 1918

ECB President Christine Lagarde. Photo: BSS

Global Economy

Central bank chiefs meet to discuss inflation challenge

Photo: Bloomberg

Inflation

Food export bans, from India to Argentina, risk fueling inflation

An employee works on a production line manufacturing steel structures at a factory in Huzhou, Zhejiang province, China May 17, 2020. China Daily via REUTERS

Global Economy

China's May industrial profits slump again despite easing Covid curbs

An aerial view shows oil tanks of Transneft oil pipeline operator at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia June 13, 2022. Picture taken with a drone. REUTERS/Tatiana Meel

Global Economy

Oil extends gains ahead of G7 discussions on Russian exports

U.S. President Joe Biden speaks next to European Commission President Ursula von der Leyen, Japanese Prime Minister Fumio Kishida, Canadian Prime Minister Justin Trudeau, German Chancellor Olaf Scholz, Italian Prime Minister Mario Draghi and European Council President Charles Michel during the first day of the G7 leaders' summit at Bavaria's Schloss Elmau castle, near Garmisch-Partenkirchen, Germany, June 26, 2022. REUTERS/Jonathan Ernst/Pool

Global Economy

Biden urges G7 to stay together as leaders target Russian gold, oil price

U.S. President Joe Biden attends a working lunch with other G7 leaders to discuss shaping the global economy at the Yoga Pavilion, Schloss Elmau in Kuren, Germany, June 26, 2022. Kenny Holston/Pool via REUTERS

Global Economy

G7 aims to raise $600 billion to counter China's Belt and Road