Over the last 2 years, vehicle purchases have gone from depreciating assets to some of the most prudent investment options – as many vehicles have higher appreciation rates than most stocks. Some vehicles luxury vehicles, like the new Corvette, have sold for at least $15,000 to $100k above MSRP (Manufacturer Suggested […]
Moscow is looking for a new digital format for international settlements that can operate around Western sanctions. Russia’s development corporation (VEB.RF) says that the implementation of sanctions against Russia is negatively affecting the country’s economy. Due to the economic consequences resulting from the sanctions, Russia has started to work on […]
The ocean harbors more than 80% of the globe’s traded goods. The Royal Bank of Canada (RBC) conducted a new study that has revealed economic data suggesting that 20% of all container ships in operation are sitting in traffic at several different major ports around the globe. According to the study, […]
Fed’s Key Inflation Gauge Spikes 5.4% for March Mar. 31, 2022 The core personal consumption expenditures (PCE) price index rose 5.4%, more than this time last year, making it the highest increase in close to 4 decades. The Federal Reserve considers the PCE price index as the most reliable indicator […]
The London Bullion Market Association (LBMA) has currently suspended transactions with all six Russian silver and gold refineries. The ban of Russian refineries on LBMA’s “Good Delivery” list is part of the US, EU, and the UK sanctioned imposed on Russia for its incursion on Ukraine. LBMA will still accept […]
