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Will it backfire? | Finance & economics

A Russian naval blockade has prevented Ukraine from exporting millions of tons of grain, contributing to a global food crisis. The ship will need to navigate mined waters through the Black Sea.

The price has fallen sharply from its peak after one major producer, Russia, invaded another, Ukraine. But that hasn’t ended fears of a global hunger crisis.

The S&P GSCI index of 24 major raw materials has fallen back 9% since mid-June on growing fears of a recession, and copper has hit a 16-month low after losing 22% since a peak in early March.

Economic analysts expect Turkey’s inflation will only get worse as the country grapples with President Erdogan’s unorthodox strategy on monetary policy.

As markets have crashed in the last two months the dollar has gone from strength to strength, but that hasn’t stopped oil prices from rallying

The path for Russia to keep sidestepping its first foreign default in a century is turning more onerous as another coupon comes due on the warring nation’s debt. Investors are supposed to receive about $100 million of interest on Russian foreign debt in their accounts by Friday, payments Pres...

The path for Russia to keep sidestepping its first foreign default in a century is turning more onerous as another coupon comes due on the warring nation’s debt.

Russia’s military aggression in Ukraine has introduced a risk premium in oil prices that is likely to remain embedded in markets for months, with average oil prices hitting $135 per barrel this year, MUFG Bank has said. With little progress on the diplomatic front and Moscow facing the threat of more sanctions amid the protracting ...

BPC facing Tk 350m loss a day for soaring oil prices in int’l market