Stocks sink, oil nears $100 per barrel as Biden sticks Russia with sanctions

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Stocks sink, oil hits $92 as Biden sticks Russia with sanctions

"Indeed, a full-scale invasion of Ukraine by Russia will leave many central banks with itchy hiking trigger fingers in a quandary," Jeffrey Halley of Oanda said in a report.

"The immediate impact would be an exacerbation of the rampant inflationary pressures globally as oil hits $130.00+ a barrel."In the U.S., the reporting season continued with Home Depot revenue of $35.72 exceeding estimates, while same-store sales rose 8.1% and U.S. sales alone rose 7.6%. Still, shares fell as the retailer warned of supply-chain challenges. Rival Lowe's reports Wednesday.

 

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Fox really? He won't hit any where with sanctions that he has interest in

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Oil prices near $100 a barrel and stocks sink as Ukraine crisis deepensMounting concerns over the conflict are hitting global financial markets driving up crude prices to an eight-year high. UK barrage all bluff from Russian funded liar “Boris” . “ Sanctioning 5 wee banks and 3 non resident oligarchs suggests the Government cares more about protecting Tory party donations and Londongrad Property Market than it does about imposing meaningful sanctions against Moscow” Which US govt officials have financial investments in Russian interests? Which US based corporations and US Allies have business agreements with Russia?
Source: CBSNews - 🏆 87. / 68 Read more »