The U.S. is not considering easing sanctions against Venezuela to replace its oil with Russian oil in the face of market shortages, the White House said
The U.S. is still considering the introduction of a gas tax vacation.
Topic
World News
A collection of 372 issues
Macrostatistics
Total number of rigs in the U.S. from Baker Hughes: 689
(Prev. 673)
Number of active rigs from Baker Hughes: 546
(Prev. 533)
The U.S. oil industry is unwinding to highs. This could be an additional
negative factor for oil prices.
World food prices rise at fastest pace in history
The disruption of supply chains in the Black Sea basin has led to shortages of
wheat and cooking oils. The U.N. World Food Cost Index rose another 13% last
month.
Japanese authorities say they plan to phase out coal imports from Russia, look for replacements
Japan will announce new sanctions against Russia on April 8, Kyodo reported.
The new measures could affect the energy sector, including restrictions on
imports of Russian coal.
Three-quarters of Americans think the economy is on the "wrong track"
Nearly three-quarters of consumers surveyed by Fannie Mae rate the current
direction of the states' economic development as misguided. That's the lowest
number in 11 years.
The percentage of respondents expecting their financial situation to worsen next
year is 25 percent, a record since 2010.
Disney plans to buy UFC
Disney has held talks with the UFC to acquire the league for about $4.3 billion.
According to CNBC sources, the company has been "mulling the idea of buying
sports leagues for years."
Disney's previous CEO proved to be a good fit with its acquisitions of
Frontline and Euronav merge to create the world's largest tanker fleet
The combined company will be able to carry oil equivalent to 100 days of German
energy demand. The total value of the tanker company is estimated at more than
$4.2 billion.
Shares of Euronav were up 7.2 percent, while Frontline shares were down 7.6
percent as of
FOMC meeting protocol
Some participants of the meeting felt that the risk of higher inflation as a
result of the conflict in Ukraine was greater than the risk of lower growth.
Inflation risks are skewed upward. Particularly because of energy prices.
Participants also expressed concern that depending on economic and financial
developments, a
Ursula von der Leyen confirms rumors: EU to impose €5.5 billion import ban, including timber, cement, seafood and spirits
What else:
* $10 billion worth of exports, including advanced technology and semiproducts
* The EU will impose a total ban on transactions with four key Russian banks,
including VTB Bank
* Russian vessels will be banned from entering EU ports, except for food, aid
and energy
The EU will also work on
Forbes recognized Ilon Musk as the richest man on the planet
Millarder's fortune is $219 billion.