Business

OIL PRICE CRISIS: Prices SKYROCKET as Saudi Arabia threatens fightback against sanctions

OIL prices have jumped today as rising tensions between the US and Saudi Arabia over the disappearance of Washington Post contributor Jamal Khashoggi sparked supply worries. Saudi Arabia has been under pressure since Mr Khashoggi, a critic of Riyadh and a US resident, disappeared on October 2 after visiting the Saudi consulate in Istanbul. Daily Express :: City and Business ...

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EU WARNING to Italy: Dombrovskis warns of ‘SKY-HIGH interest rates’ with deficit budget

ITALY has been issued a fresh warning shot from the European Commission over its controversial spending plan, with Valdis Dombrovskis claiming the indebted nation could see itself confronted with “sky-high interest rates”. Rome has sparked a war of words with European Union chiefs over proposals for a deficit goal of 2.4 percent of GDP for 2019 – a figure that ...

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India rupee CRISIS: PM warns of SOARING oil prices as rupee hovers near all-time low level

THE Prime Minister of India has issued a desperate call to oil producers to review payment terms as the languishing rupee continued to hover around all-time low levels. Narendra Modi urged suppliers such as Saudi Arabia to help ease concerns of soaring oil prices, which have contributed to the Indian currency plunging against the US dollar. Daily Express :: City ...

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Pound LIVE: GBP Sterling DROPS against euro after ‘intense’ Brexit talks COLLAPSE

THE pound has stumbled against the euro over the weekend and into this morning following “intense” Brexit talks in which “key issues” remain unsolved between the UK and European Union. Brexit Secretary Dominic Raab and EU chief negotiator Michel Barnier met for an unscheduled meeting last night ahead of a crunch EU leaders’ summit this week. Daily Express :: City ...

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