Category: Finance

The government of Iran has formally submitted an application to become a member of BRICS, with Argentina following close behind.

The $2.15 billion was signed during the ILA Berlin Airshow by Carlo Mancus

Ukraine has asked the United States for more emergency assistance in the form of $2 billion worth of economic aid per month.

Sri Lanka has announced that their country would default on its external public debt as its foreign reserves are depleted. It is the first time in history Sri Lanka would default on its debts due to a combination of bad policy decisions and spillovers of the Russian invasion of Ukraine.

Russia has defaulted on its foreign loans after it attempted to pay bondholders in rubles instead of dollars.

White House’s latest round of sanctions targets Putin’s daughters and two of Russia’s largest banks, Sberbank and Alfa Bank.

President Biden announced last Thursday that the government would release 180 million barrels of oil from the Strategic Petroleum Reserve over the span of six months, averaging around 1 million barrels a day. This move is part of the administration’s efforts to address rising oil prices on the back of inflation due to the war […]

United States service members could expect a 4.6% salary increase if Congress approves the White House’s 2023 federal budget plan, the largest increase in military personnel salary in almost two decades.

In today’s volatile market the military veteran investor should diversify their portfolio with satellite investments in orbit around the core of your portfolio to take advantage of opportunities that emerge.

Ukrainian President Volodymyr Zelensky addressed the US Congress in a historic speech, pleading to US lawmakers to send Ukraine more munitions and implement a no-fly zone. Following the speech, US President Joe Biden approved an additional $800 million security assistance package to Ukraine to help them further repel Russian forces.

Following the White House’s recent request of $10 billion worth of funding for additional humanitarian, security, and economic assistance for Ukraine and US’ central European partners last March 2 as outlined in a letter sent to House Speaker Nancy Pelosi, the US Senate has now passed a $1.5 trillion government funding bill which included a $13.6 billion in aid to Ukraine. The Senate approved the funding bill with a 68 to 31 vote.

British Prime Minister Boris Johnson announced the formation of the “International Ukraine Support Group” last March 7 in partnership with the Netherlands and Canada. The initiative aims to bring together global support to ensure robust economic, political, defensive, and humanitarian aid to Ukraine. “This coalition [International Ukraine Support Group] will allow countries to “coordinate the […]