"We are all born ignorant, but one must work very hard to remain stupid!" -- Benjamin Franklin

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Germany's policies implemented in the wake of the Ukrainian conflict escalation in February 2022 translated into serious losses for the German economy.

Under the leadership of Chancellor Olaf Scholz and his government, Germany did its best to sever itself from cheap Russian energy and to cut all economic ties with Russia regardless of how beneficial they were to the German economy.

The former president was recently ordered to pay nearly $355 million and barred from doing business in New York state for three years by state Supreme Court Justice Arthur Engoron.

During an interview with ABC News, Ms. James said that it was “really not my business” if President Trump doesn’t have the money to pay the penalty, while also noting that she has her eyes on the Trump Building in Lower Manhattan.

A nearly balanced market in the first half of the year and seasonal strengthening of demand in the second half are set to push the price of Brent Crude to $88 per barrel by the end of 2024, according to analysts at Deutsche Bank.

California budget crisis worse than Newsom projected, as state watchdog warns deficit could reach record $73B MikeRivero

California's budget crisis is projected to expand more than previously thought and could hit a record deficit of $73 billion, according to a new report from the state's nonpartisan Legislative Analyst's Office (LAO).

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In a recent ruling, a New York state judge ordered former President Donald Trump to pay a hefty sum of $364 million, a verdict stemming from a fraud trial against him and his companies.

The charges, which Trump's supporters have labeled as baseless, accused the former President of inflating the value of his properties to secure more favorable loan terms from a lender. Critics argue that this verdict, far from being a simple punitive measure against Trump, could potentially destabilize the entire economy.

Myanmar is interested in BRICS, including the introduction of a common BRICS currency, and is studying the bloc, Myanmar's Minister of Investment and Foreign Economic Relations Kan Zaw told Sputnik on Tuesday.

"Since May 2023, we have been recognized as a dialogue partner in the SCO [Shanghai Cooperation Organisation]. We are also studying BRICS and its development. Moreover, we are interested in BRICS and the BRICS single currency initiative," the minister said in an interview.

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Tel Aviv's brutal military campaign in the Gaza Strip, aside from claiming thousands of lives and wreaking havoc upon the region, has put a serious dent in the Israeli economy.

Israel’s GDP contracted 19.4 percent during the last quarter of 2023 amid the invasion of the Palestinian enclave, according to data released by the Israeli Central Bureau of Statistics.

Incarcerated workers in the US produce at least $11bn in goods and services annually but receive just pennies an hour in wages for their prison jobs, according to a new report from the American Civil Liberties Union (ACLU).

Nearly two-thirds of all prisoners in the US, which imprisons more of its population than any other country in the world, have jobs in state and federal prisons. That figure amounts to roughly 800,000 people, researchers estimated in the report, which is based on extensive public records requests, questionnaires and interviews with incarcerated workers.