Sage Investment Club

Russia seeks ‘new level’ of China ties

MOSCOW, Jan 30 (Reuters) – Russia said on Monday that it wanted to take ties with China to a “new level” and was looking forward to face-to-face talks with Beijing’s leadership as a Russian newspaper reported that China’s top diplomat would visit Moscow in February.”We are convinced that the potential for Russian-Chinese bilateral cooperation is […]

Biden says no F-16s for Ukraine as Russia claims gains

Russian administrator claims foothold in VuhledarKyiv says Russian gains come at huge costThink-tank says delay in Western arms halted Ukraine’s advanceKYIV, Ukraine/WASHINGTON Jan 30 (Reuters) – The United States will not provide the F-16 fighter jets that Ukraine has sought in its fight against Russia, President Joe Biden said on Monday, as Russian forces claimed […]

ECB policymakers spar on rate outlook beyond Feb hike

Knot, Kazimir explicitly back 50 bps hike in MarchLagarde sees significant, steady pace rate riseStournaras, Visco call for cautionInflation high but fallingFRANKFURT/PRAGUE, Jan 23 (Reuters) – European Central Bank policymakers laid out diverging views on future interest rate hikes on Monday, suggesting that moves beyond next week’s half a percentage point increase remain contentious.The ECB […]

Putin ally warns NATO of nuclear war if Russia is defeated in Ukraine

Medvedev: nuclear powers don’t lose major warsMedvedev tells NATO to think about the risksPatriarch: desire to destroy Russia would mean end of the worldLavrov: We will ‘sober up’ NATO leadersMOSCOW, Jan 19 (Reuters) – An ally of President Vladimir Putin warned NATO on Thursday that a defeat of Russia in Ukraine could trigger a nuclear […]

Gold back up above $1,900 level as dollar loses ground

Jan 18 (Reuters) – Gold reversed course to trade higher on Wednesday as the U.S. dollar pulled back from session highs and expectations of a slower pace of Federal Reserve rate hikes supported prices above the $1,900 threshold.Having dipped in the last two sessions, spot gold rose 0.5% to $1,917.26 per ounce by 1254 GMT, […]

Household wealth optimism collapses, global survey shows

Jan 16 (Reuters) – Barely two in five people believe their families will be better off in the future, according to a regular global survey that also identified growing levels of distrust in institutions among low-income households.The Edelman Trust Barometer, which for over two decades has polled the attitudes of thousands of people, found that […]

More than half of German companies report labour shortages

BERLIN, Jan 12 (Reuters) – More than half Germany’s companies are struggling to fill vacancies due to a lack of skilled workers, the German Chambers of Commerce and Industry (DIHK) said on Thursday, in the latest sign of growth headwinds belabouring Europe’s largest economy.The proportion of companies facing difficulties hiring was at its highest ever […]