The Economic Elder

Stunning revelation as Russian defense ministry claims banned phone use allowed Ukrainian forces to locate and attack facility housing soldiers.

Russia has blamed the use of mobile phones by military personnel for a deadly attack by Ukrainian forces on a facility housing Russian soldiers. The attack, which occurred on New Year's Day and is the deadliest known assault on Russian forces during the conflict, resulted in the deaths of 89 soldiers, according to Russian military officials. The Russian defense ministry said the use of mobile phones allowed the Ukrainian forces to locate and attack the facility, and that all necessary measures were being taken to prevent future incidents. Ukrainian forces are believed to have launched six missiles at the facility using the US-supplied Himars rocket system, with four hitting the building and causing the ceilings to collapse.

Republicans Brace for Unprecedented Outcome as Speaker Vote Looms.

The vote for the new Speaker of the US House of Representatives is currently underway, with Republican leader Kevin McCarthy and Democrat leader Hakeem Jeffries in the running. McCarthy is facing opposition from some conservative lawmakers, and needs almost unanimous support from his party to win the vote. A failure of McCarthy's bid would be unusual and could indicate the unstable state of the Republican majority, with intense political battles expected over issues such as immigration and the debt ceiling in the coming years. The vote is being conducted via an alphabetical roll-call, and could go to a second ballot if no candidate receives a majority.

Households hit hard by soaring food and energy prices and high borrowing costs

Elon Musk's Company Struggles with Production Disruptions and Softening Demand: Is Tesla's Reign as King of EVs Coming to an End?

Navigating the Challenges of the Transition Away from Fossil Fuels

Are Your Pension Funds at Risk? Find Out What the OECD Has to Say About Investing in Risky, Hard-to-Sell Assets

Are You One of the 40% of Professionals Who Say Work has Become Less Important to Them? Find Out Why this Shift in Priorities Could Have Big Implications for the Economy

Millions of volunteers to participate in projects focusing on genetic medicine, newborn genomes, and underrepresented ethnic minorities

You won't believe how much gold central banks have been buying - could this be a sign of economic turmoil ahead?

Experts Predict Higher Unemployment, Crash in House Prices as GDP Expected to Shrink

New Report Reveals Shocking Truth about Tax Burden on Middle-Class Families - Are You Affected?

President López Obrador's Plan to Weaken Electoral Commission Threatens Integrity of Elections in Mexico

Find out how gas and electricity suppliers are exploiting consumers and using their money as a cheap source of finance.

Tensions escalate as Beijing responds to US legislation providing military assistance to Taiwan

How These Investment Vehicles Have Adapted to Survive in a Changing Financial Landscape

How Putin's reliance on a narrow circle of advisers and a propaganda machine has led to costly mistakes in the war and a culture of denial within the Russian government.

The truth behind the conflict that has been raging for over a year

Find Out How This Bill Could Affect You: From Military Spending to Workplace Accommodations, Here's What You Need to Know About the Omnibus Spending Bill

From Toxic Culture to External Shocks: The Inside Story of Adidas' Struggles and the Hurdles Ahead for Incoming CEO Björn Gulden

New evidence suggests Trump's role in inciting violent attack on the Capitol: Final report from Jan. 6 committee calls for criminal investigation.

New report exposes the reality of the Russian military's involvement in the conflict in Ukraine: Are these soldiers being sent into battle unprepared?

As Conflict with Russia Escalates, Zelensky Seeks Support from Biden and Congress in Bid to Secure Ukraine's Independence

As tensions between the national government and Catalonia reach a boiling point, is Spain's constitutional crisis a legitimate threat to democracy or a ploy by politicians to further their own agendas

Conflicting reports leave world wondering: will Russia's military capabilities be impacted by alleged shortage of shells?

 The massive investments ADNOC and Saudi Aramco are making in renewable technologies..

Former President Loses Ground in Early Polls for 2024 Republican Nomination as Controversies and Legal Challenges Mount

Qatar speaks out about EU corruption scandal: Will their reputation as a stable and reliable supplier of LNG be at risk?

Experts Warn of Devastating Effects of Rising Interest Rates on Landlords and Housing Markets

Crypto Chaos: What the Halt of Binance's Accounting Firm Means for Investors and the Future of Cryptocurrency

How Wealth Taxes are Impacting the Decisions of the Rich and Businesses in Norway.

Lack of Transparency and Rising Cases in Other Parts of China Raise Concerns

200,000 Troops Massing for Possible Attack on Kyiv in Spring, Warns Ukrainian General

Elon Musk, the CEO of Tesla, has sold more than $3.5 billion worth of Tesla shares in the past few days. This is his second round of sales since he bought Twitter back in October. Now, this news is a bit concerning because Tesla's stock price has already fallen more than 50% this year, and the company has lost more than $700 billion in market capitalization since its peak in November 2021.

New regulations aim to improve prices for small investors and level the playing field between high-speed traders and other market players.

Controlled Fusion Reaction Produces More Energy Than Consumed at Lawrence Livermore National Laboratory in California.

Exploring the Challenges and Opportunities in a Changing Economic Landscape

A Temporary Reprieve or a Turning Point?

FTX Founder Faces Criminal Charges in Latest Setback for the Cryptocurrency Industry

The Danger of Off-Balance-Sheet Foreign-Exchange Swaps

As Italy's long-term economic performance remains the worst in the OECD, can the new right-wing government implement the necessary reforms to turn things around?

How Investors Can Adapt to the Shift in the Markets and Thrive in the Face of Increased Volatility and Competition for Capital.

The future of France's nuclear industry hangs in the balance as the country struggles with aging reactors and increasing competition from renewable energy sources.

How Russia's aggression is contributing to its own decline

Experts warn that by 2027, the GDP growth rate in the median rich country will be less than 1.5% per year. Here's what you need to know about the implications and potential solutions

Exploring the Relationship between Producer and Consumer Prices and the Potential Economic Consequences of a Rate Hike

Stay up to date with this week's top headline news.

How Europe's Dependence on Russian Gas is Putting the Global Economy at Risk

A deep dive into the relationship between interest rates, inflation, and unemployment and how the Federal Reserve's pivot could impact the stock market.

The Inevitable Recession? : How to Prepare for the Worst Economic Downturn in History

Jerome Powell's comments reveal the Fed's plan to sacrifice economic growth in the fight against inflation - are you prepared?