(Reuters) – A month after sellers had to pay nearly $40 a barrel to get rid of U.S. oil futures, the next watershed moment looms with the expiry of the June contract on Tuesday – and so far there is little sign of a repeat of the historic plunge. The extent of the damage that […]
WASHINGTON (Reuters) – The coronavirus shock to the U.S. economy won’t push the country into a damaging bout of deflation given the Federal Reserve’s response and its power to do more, Fed vice chair Richard Clarida said on Monday. “Demand is impacted very adversely. On net it is disinflationary. I don’t think it is deflationary. […]
The owner of the UK's biggest bunker building company has told how he has been inundated by new customers worried about the possibility of nuclear war. The increase in calls comes in the week where Russia's President Vladimir Putin has said on several occasions that the use of nuclear weapons is a very real possibility. […]
