US growth forecast cut
The IMF has cut US economic growth forecasts for 2022 and 2023, citing recession risks Read Full Article at RT.com
Trade among BRICS countries soaring – data
The volume of trade between BRICS countries has continued to rise, according to latest Chinese customs data
Google and Microsoft retrench as recession looms
Google and Microsoft are slowing hiring and even letting workers go as the US economy teeters on the brink
US explains how Russian oil price cap would work
Washington is seeking to set a Russian oil price cap which would ensure continued production, Treasury Secretary Janet Yellen told the WSJ
US sees highest inflation in over 40 years
Inflation in the US reached 9.1% in June, the labor department reported on Wednesday