Economy
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World
Secrets of black gold: where does oil come from?
(ORDO NEWS) — You’ve probably heard the claim that oil comes from dinosaurs, and when you’re at the gas station,…
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World
The era of cheap oil is over
(ORDO NEWS) — Oil prices continue to rise, and OPEC + is going to keep them high, writes Al Ittihad.…
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World
Europe is on the brink of recession — It will suffer more than in 2008
(ORDO NEWS) — Data on bank lending marked a bleak outlook for the eurozone economy, writes UnHerd. It is quite…
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World
Elon Musk skeptical about the US banking system
(ORDO NEWS) — American businessman and billionaire Elon Musk reacted to the statement of the Federal Reserve System (Fed) about…
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World
US Federal Reserve raised rates to its highest level since 2007
(ORDO NEWS) — The US Federal Reserve raised the base rate for the ninth time in a row – now…
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World
Setting a ceiling on the price of Russian oil impedes the shipping of black gold
(ORDO NEWS) — The entry into force of a European embargo on Russian oil and a cap on its price…
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World
US adopts 2023 defense budget
(ORDO NEWS) — The U.S. House of Representatives has passed a 2023 defense budget of about $850 billion, vote results…
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World
World Bank warned of a sharp increase in public debt spending in poor countries
(ORDO NEWS) — In the next three years, lower-middle-income countries will face a sharp increase in public debt servicing costs.…
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World
US public debt tops $31 trillion for first time
(ORDO NEWS) — The US national debt for the first time exceeded $31 trillion. Rising interest rates lead to higher…
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World
OPEC+ agreed to cut oil production by two million barrels per day
(ORDO NEWS) — OPEC+ members have agreed to cut oil production by two million barrels per day, Al Arabiya reports.…
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World
US national debt at new record: approaches $31 trillion and continues to rise
(ORDO NEWS) — The US national debt is close to exceeding $31 trillion for the first time in history, according…
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World
US is waiting for the same energy nightmare as in Europe
(ORDO NEWS) — Biden decided to practically stop the leasing of sites for oil and gas production, writes the New…
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News Headlines
The real scale of the coming crisis in Europe
(ORDO NEWS) — Some believe that the energy crisis raging in Europe will grow into a comparable scale to the…
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News Headlines
Iran plans to create a key gas hub in the struggle for dominance in the world market
(ORDO NEWS) — Iran has the second largest natural gas reserves in the world, and Russia is ready to help…
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News Headlines
The US is on the verge of collapse
(ORDO NEWS) — The US is rapidly losing reputation, writes WP. During the Iraq War, the Bush Doctrine was mocked…
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News Headlines
There is no hope for a “soft” way out of the global economy from the crisis
(ORDO NEWS) — Now it has become necessary to tighten monetary policy so much that it will inevitably lead to…
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News Headlines
How the Arctic Ice Revealed the Secrets of the Roman Empire’s Economy
(ORDO NEWS) — When we talk about Ancient Rome, the last place that an inquisitive historian will turn to is…
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News Headlines
Reservoirs dropped to critical levels as Taiwan suffers worst drought in history
(ORDO NEWS) — In May 2021, the water level in Taiwan’s reservoirs fell to critical levels, marking the worst drought…
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News Headlines
What is the right way to ask for money from the universe or higher powers?
(ORDO NEWS) — Are you dreaming of buying a thing that you can’t afford? Everything is real, if only you…
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Science
NEXT 10 YEARS: there may be a catastrophe that will destroy the global economy
(ORDO NEWS) — COVID-19 was to some extent the first pandemic to fully affect the entire global economy. But experts…
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News Headlines
China prepared to disconnect from dollar payment systems
US, WASHINGTON (ORDO NEWS) — China is vulnerable to US sanctions due to the country’s dependence on systems in dollar…
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News Headlines
China has prepared to disconnect from dollar payment systems
US, WASHINGTON (ORDO NEWS) — China is vulnerable to US sanctions due to the country’s dependence on systems in dollar…
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News Headlines
China at an economic fork
US, WASHINGTON (ORDO NEWS) — In 2013, the Chinese government introduced a political program that promised the implementation of real…
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News Headlines
IMF raised its forecast for oil prices in 2020 and 2021
US, WASHINGTON (ORDO NEWS) — The International Monetary Fund (IMF) raised its forecast for oil prices in 2020 and 2021…
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News Headlines
WTO less pessimistic about trade decline in 2020
US, WASHINGTON (ORDO NEWS) — The World Trade Organization (WTO) said Tuesday that global trade in goods this year due…
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News Headlines
China is becoming a global power, and its banks are following it
US, WASHINGTON (ORDO NEWS) — American bankers are brave bosses. From his spacious office in Manhattan, the boss of one…
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News Headlines
Eurozone GDP decline estimate in I quarter revised up to 3.6%
US, WASHINGTON (ORDO NEWS) — The eurozone economy in the first quarter of 2020 contracted less sharply than originally expected,…
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News Headlines
Green economy could accelerate Arctic development after corona crisis
US, WASHINGTON (ORDO NEWS) — Participants in the online meeting of the Arctic as a Pole for Attracting Green Investment…
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News Headlines
France’s GDP drop in 2020 will exceed 10%
US, WASHINGTON (ORDO NEWS) — The French economy will shrink by more than 10% this year against the backdrop of…
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News Headlines
US economy goes into recession
US, WASHINGTON (ORDO NEWS) — The National Bureau of Economic Research (NBER) said Monday that the US economy, the largest…
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News Headlines
Demand for steel in the world in 2020 will fall by 6.4%
US, WASHINGTON (ORDO NEWS) — Global steel demand this year will fall by 6.4% due to the impact of the…
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News Headlines
Turkey needs help, but from IMF
US, WASHINGTON (ORDO NEWS) — Turkey’s economy is in decline. But President Erdogan will not turn to the IMF for…
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News Headlines
Economists predicted US strongest unemployment in 100 years
US, WASHINGTON (ORDO NEWS) — The United States expects the strongest surge in unemployment since the Great Depression. This opinion…
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