ONLINE EXCLUSIVES
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SRI LANKAN PRIME MINISTER: ISLAND’S ECONOMY ‘HAS COLLAPSED’
AP News - June 23 2022 Sri Lanka’s debt-laden economy has “collapsed” after months of shortages of food, fuel and electricity, the prime minister told lawmakers Wednesday in comments that…
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AIR INDIA PREPARES ONE OF THE LARGEST AIRCRAFT DEALS IN AVIATION HISTORY
Business Standard - June 20, 2022 Air India Ltd. is considering ordering as many as 300 narrowbody jets, according to people familiar with the matter, in what could be one of the…
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80% OF ECONOMISTS SEE ‘STAGFLATION’ AS A LONG-TERM RISK. WHAT IT IS AND HOW TO PREPARE FOR IT
CNBC - June 21 2022 Stagflation is a term coined in the 1970s to refer to a combination of high inflation and high unemployment. Recent surveys show economists and fund managers see…
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CRYPTO FEARS NOW MATERIALISING, CENTRAL BANK BODY BIS SAYS
Reuters - June 21, 2022 Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of decentralised digital money are now materialising, the Bank for International Settlements has said. The BIS,…
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‘PERFECT STORM’ FOR AIRLINES FACING STRONG U.S. DOLLAR AND HIGH OIL PRICES
Reuters - June 21, 2022 Global airlines are grappling with a double whammy from the rare combination of a strong U.S. dollar and high oil prices at a time when broad…
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MICROSOFT
The program connects People with Disabilities, non-profits and businesses with career coaching, mentors, and job matching
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PRESIDENT MACRON LOSES MAJORITY IN FRENCH ELECTION SETBACK
TIME - June 20, 2022 President Emmanuel Macron made history in the French legislative elections Sunday, just not in the way he hoped. After his reelection in April, most observers expected Macron to…
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RUSSIAN ROUBLE HITS NEAR 7-YEAR HIGH VS DOLLAR AS TAX PAYMENTS LOOM
Reuters - June 20, 2022 The Russian rouble surged on Monday to a near seven-year high against the dollar on Moscow Exchange, supported by capital controls and the promise of upcoming…
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OIL PRICES SEESAW AFTER 6% SLUMP DUE TO ECONOMIC CONCERNS; BRENT REACHES $113.32/BBL
Business Today - Jun 20, 2022 Brent crude futures LCOc1 gained 20 cents, or 0.2%, to $113.32 a barrel by 0105 GMT, after rising as much as 1% earlier. Front-month prices…
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WE FACE A GLOBAL ECONOMIC CRISIS. AND NO ONE KNOWS WHAT TO DO ABOUT IT
The Guardian - 18 Jun 2022 Back in February, plenty of investors were betting that the buildup of Russian troops on Ukraine’s border was no more than an elaborate bluff. The…
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