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U.S. dollar and Euro bank notes are photographed in Frankfurt, Germany, in this illustration picture taken May 7, 2017. May 7, 2017.

Euro Slides As War In Ukraine Stokes Inflationary Shock

The euro tumbled to a fresh 22-month low on the dollar while commodity currencies were swept to multi-month peaks as war in Ukraine sent oil prices spiking and stoked fears of a stagflationary shock that could hammer Europe.
The sun sets behind the skyscrapers of the Moscow International Business Centre, also known as "Moskva-City", in Moscow, Russia April 23, 2018.

Netflix, KPMG, PwC, AMEX Sever Ties With Russia

Netflix, a global streaming entertainment service, top accounting firms KPMG and PwC and financial services firm American Express on Sunday cut ties with Russia as that country's conflict with Ukraine escalated.
A view of Horizon Singapore Terminals storage facility on Jurong Island in Singapore July 11, 2019. Picture taken July 11, 2019.

Oil Surges 10% In Asia, Euro Skids As Bonds Rally

Oil prices soared more than 10% in hectic trading on Monday as the risk of a U.S. and European ban on Russian product and delays in Iranian talks triggered what was shaping up as a major stagflationary shock for world markets.
Models of oil barrels and a pump jack are displayed in front of a rising stock graph and "$100" in this illustration taken February 24, 2022.

Oil Price Set To Surge Further On Delays In Iranian Talks

Oil prices are set to surge further this week due to delays to the conclusion of Iranian nuclear talks and the potential return of Iranian crude to global markets, which are already suffering from Russian supply disruptions, analysts said.

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