Tag Archives: stopping

Russian President Vladimir Putin visits the Laura Cross-country Ski and Biathlon Center at the 2014 Sochi Winter Paralympic Games March 15, 2014. REUTERS/Michael Klimentyev/RIA Novosti The only thing stopping Nord Stream 1 gas flows are Western sanctions, the Kremlin said ahead of the three-day shutdown. “There are guarantees that, apart from technological problems caused by sanctions, nothing hinders the supplies,” a spokesperson said. Europe has still been preparing for a total shutoff of… Source link

A good buying opportunity into a stock market well off its highs has taken shape, argues BlackRock Investment Institute Global Chief Investment Strategist Wei Li and her team. The rationale: the escalating situation between Russia and the West will likely mean a slower pace of interest rate hikes from global central banks. “We see fast-rising energy prices exacerbating supply-driven inflation, both delaying and raising its peak. We think central banks will need to normalize policy to pre-Covid… Source link

There may be a budding consumer spending slowdown underway at the hands of COVID-19 Delta variant fears, but that isn’t stopping some household name retailers from reinstating the dividends and buyback plans they scrapped at the height of the pandemic.  For some analysts on the Street, the moves make total sense.  “I wouldn’t say that anyone [retailer] returning cash is all of a sudden better off than they were before, but I think they are realizing that they did a good job. They put as much… Source link

The 559,000 jobs the U.S. added in May continue to puzzle economists, who predicted 675,000 additions for the month and 1 million additions a month earlier as the economy recovers. They’ve put forth explanations from lack of child care to persistent COVID-related safety concerns. Now, another culprit can be added to the list: Some potential workers are instead staying home trading Bitcoin and other cryptocurrencies.  “They’re pulling back on the hours they’re looking to work based on what’s… Source link

Right now there’s a $1.9 trillion COVID relief package being drafted, and it’s going to be President Biden’s first big legislative push. However, the American Rescue Plan that Biden previewed in January is likely to go through some big changes before it goes to a vote — including the possible removal of an increase in the minimum wage to $15. Yahoo News explains why obscure Senate rules could dictate what ends up in the next round of stimulus. Source link

Right now there’s a $1.9 trillion COVID relief package being drafted, and it’s going to be President Biden’s first big legislative push. However, the American Rescue Plan that Biden previewed in January is likely to go through some big changes before it goes to a vote — including the possible removal of an increase in the minimum wage to $15. Yahoo News explains why obscure Senate rules could dictate what ends up in the next round of stimulus. Video Transcript [MUSIC PLAYING] SAM… Source link