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Tag: #revenue

Oil Crisis Prompts UK To Defy US Ban

Britain has eased parts of its Russian oil sanctions as the ongoing crisis in West Asia and the standoff in the Strait of Hormuz have surged energy costs and supply disruptions.

The ‘Suez Moment’ Of US

The nationalisation of the Suez Canal in 1956 was a momentous event in the history of the British Empire. Seven decades later, the struggle surrounding the Strait of Hormuz mirrors the Suez Crisis. In a rare first, an unnecessary war has pushed the world into a major crisis.

The Impending Recession

The year 2022 is a tough one; however, 2023 shall be tougher. Kristalina Ivanova Georgieva-Kinova, the Managing Director of the International Monetary Fund (IMF), recently vociferated such a prediction. She […]