Ukraine’s next crisis will be a devastatingly economic one, as violent conflict destroys critical infrastructure in the east and brings key industry to a halt, furthering weakening the energy sector by crippling coal-based electricity production. The Ukrainian military’s showdown with separatists in the industrial east has forced…
Ukraine’s Next Crisis? Economic DisasterDetailsWASHINGTON (AP) — Unemployment rates rose in 30 U.S. states last month, even as employers in two-thirds of the states stepped up hiring. The trends reflect an increase in job-hunters nationwide as an improving economy has encouraged more people to seek work. The Labor Department said Monday that unemployment rates fell in eight states in…
Unemployment Rises in Most U.S. States in JulyDetailsInvestors seem hopeful that Russia and the West can step back from their standoff over Ukraine. There are still plenty of reasons, though, for central bankers to be concerned. Markets around the world rallied this week, helped by indications of reduced tensions in Ukraine. Russia withdrew troops from the border.
Why Central Banks Worry about UkraineDetailsRussia is taking steps to ensure that it protects itself from any future dollar or euro sanctions. Moscow boasts the world’s 5th biggest foreign exchange reserves and the 6th largest gold reserves. In total, the assets amount to over $1.5 trillion. While the West is continuing to try and punish Russia via economic sanctions, the…
Russia Seeks Safe Haven in Gold, Away from Dollar and EuroDetailsFrom Ukraine to Gaza, geopolitical risks are weighing heavily on investors’ minds. But there are plenty more out there that may not be getting headlines. US mid-term elections Risk: Republican victory in the Senate and House results in lame duck presidency, derailing the US recovery. Obamacare and a general ennui with the presidency means…
Three Geopolitical Risks Investors are IgnoringDetails
