Russia’s Economy Suffers 10.5% Drop in April
The worldwide slide in oil prices – dropping to a current price of $60 a barrel from a high of $147 last summer – has been disastrous for Russia’s economy. Latest results indicate that Russia has suffered a 10.5% contraction in April from the same month one year ago. More
Factory Orders in Eurozone Fall 0.8%
Factory orders in the eurozone – used as a measure of factory sales and orders – slipped by 0.8% for March bringing the total loss for the previous twelve months to 26.9 percent. More
Technical Analysis Suggests Gold Could Hit $1,250
Tensions Rise as North Korea Fires More Rockets
Following on the heels of North Korea’s nuclear missile testing over the weekend, North Korea fired two more short-range missiles in a defiant move in the face of global opposition. More
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