True Academy
Author Archives
-
-
-
-
-
EXPLAINER-Russia walks the plank to a foreign bond default
FRANKFURT: Russia’s failure to send an interest payment to creditors is triggering a payout on debt insurance, taking the country another step closer to its first default on international bonds since the Bolshevik revolution more than a century ago. Read full story
-
-
Oil settles up despite OPEC+ output hike plan; supply still tight
NEW YORK: Oil settled higher on Friday, supported by expectations that OPEC’s decision to increase production targets by slightly more than planned will not add that much to global supply which should tighten as China eases COVID restrictions. Read full story
-
Wall St Week Ahead-U.S. stock market rebound faces key inflation test
NEW YORK: A rally that lifted U.S. stocks from the brink of a bear market faces an important test next week, when consumer price data offers insight on how much more the Federal Reserve will need to do in its battle against the worst inflation in decades. Read full story
-
ANALYSIS-Musk's warning could be auto industry's 'canary in the coal mine' moment
Tesla CEO Elon Musk’s “super bad feeling” about the economy could be the auto industry’s “canary in the coal mine” moment, signaling a recession for an industry whose bosses have shown no signs of concern. Read full story
-
Dealing with the deluge
The impact of flooding on residential property Read full story