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BlackRock head Larry Fink said in a letter to shareholders that Russia’s invasion of Ukraine has put an end to globalization as it has been known for decades.
Russia will continue supplying gas to other countries in accordance with volumes and prices stipulated in earlier concluded contracts, the head of state stressed
The Bank of England has warned that inflation could hit 8 per cent by as early as next month in Britain as it raised interest rates to pre-pandemic levels on Thursday.
President Joe Biden says gas prices in America that are already at historical highs are going to continue to go up and that there’s not much that can be done about it at this time.
Within the next couple of months it is likely that there will be direct US military involvement in Ukraine, with Russia now openly supporting and recognizing separatist groups in the Donbass region on the eastern edge of the country and apparently moving to aid them militarily in separation.