Tue, 21-Oct-2025

Oil rates falls as economies show signs of strain

Oil rates

Oil rates may have met their match — for now, at least. Crude futures are tumbling yet again, sinking around 3%. After nearing $140 a barrel at the beginning of March and topping $120 as for last two weeks ago, Brent futures have loosened in nearly a straight line and now sit just a hair above … Read more

Billionaires’ share of global wealth soars during pandemic

global wealth

PARIS: The share of global wealth of the world’s richest people soared at a record pace during the Covid pandemic, a report on inequality showed on Tuesday. Since 1995, the slice held by billionaires has risen from one per cent to three per cent, according to the World Inequality Report. “This increase was exacerbated during the … Read more