Vladimir Putin Feels Pinch from Sanctions

Vladimir Putin Feels Pinch from Sanctions

President Vladimir Putin of Russia told members of parliament that there are tough economic times ahead, and citizens should brace themselves for financial challenges, an indication that he feels the pinch from the sanctions imposed on the country by the United States and the European Union. Addressing parliamentarians during the State-of-the-Nation address, Putin said western […]

European Central Bank Delay on Stimulus Causes Slip on Wall Street

European Central Bank Delay on Stimulus Causes Slip on Wall Street

The European Central Bank’s decision to delay creating an economic stimulus until next year is the cause for yesterday’s slip on Wall Street. Mario Draghi, the bank’s president, said at a press conference on Thursday that the institution will make changes that will keep inflation in check. He said prolonged deviations from set inflation goals […]