Saudi Arabia's Cut in Oil Productio

Global Oil industry got good news from Saudi Arabia's decision to cut oil production to stabilize the market and boost oil prices. Introduction: Saudi Arabia has announced about to cut oil production Oil market caused a strong stir and market open with bullish gap. The move may last from May 1st and continue through June, it is expected to prices remain high during this period. Why the Cut in Oil Production? Fears of an oversupp...

Analyzing the Recent Drop in German

Introduction The German inflation rate dropped to 1.6%, in the month of March 2023 on M/M basis it is a significant decline. This drop can be attributed to the decrease in energy prices, which saw a sharp surge due to war-induced tensions. we will try to examine the various factors that contribute to inflation in Germany, the implications of the decline in inflation on the German economy. Factors Affecting German Inflation There are...

Russia's announcement about its gol

Introduction Russia's announcement about its gold stash has been making headlines in the financial world. The Gold reserve has been increased by 1 million ounces of gold to its stash, and this addition brings up its total gold reserves to over 70 million ounces. Russia's Gold Reserves Russia' stand on 5th among the gold reserve economies of the world, with its current stash accounting for over 23% of its total reserves. The country...