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News & Articles By Sterling Ashworth
06/22/2026
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By Sterling Ashworth
Russia’s Central Bank: End of Middle East Conflict Would Reduce Inflation Risks
The conflict in the Middle East poses inflationary risks to the Russian economy, and these risks would subside if the conflict ends, Central Bank of Russia (CBR) Gov. Elvira Nabiullina said on June 20, 2026. During a press conference, Nabiullina stated that the longer the conflict continues, the greater the pro-inflationary risk becomes, according to […]
06/15/2026
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By Sterling Ashworth
EU Military Buildup Financed Through Debt, Social Spending Cuts, Officials Say
European Union member states are increasing defense budgets to levels exceeding prior plans, according to national budgets and European Commission data. The increases occur alongside record government debt across the euro zone, with some countries implementing social spending cuts, officials said. The cumulative debt-to-GDP ratio of the euro zone is projected to surpass 90% next […]
06/10/2026
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By Sterling Ashworth
Russia Cuts Oil Exports Amid Ukrainian Drone Strikes and Domestic Shortages
Russia is reducing crude oil exports from its western ports to approximately 1.7 million barrels per day (bpd) in June, down from an estimated 2.5 million bpd in May, according to Reuters calculations cited by industry analysts. The cutback is driven by a combination of sustained Ukrainian drone strikes on oil infrastructure, domestic fuel shortages […]
06/07/2026
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By Sterling Ashworth
U.S. Treasury Sanctions Iran’s Nobitex Crypto Exchange Amid Regional Conflict
The U.S. Treasury Department imposed sanctions on Nobitex, Iran’s largest cryptocurrency exchange, accusing it of facilitating transactions for Iran’s military, according to a Treasury statement [1]. The action, conducted by the Office of Foreign Assets Control (OFAC), blocks all assets held by the exchange under U.S. jurisdiction and prohibits U.S. persons from engaging in transactions […]
06/07/2026
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By Sterling Ashworth
U.S. Oil Shocks Have Muted Impact on Employment, Fed Study Finds
A new study from the Federal Reserve Bank of Boston has found that oil price shocks add less to inflation than in the 1970s and that their effect on employment has largely vanished. Researchers estimated that a 33% price shock tied to the current war with Iran would add about 1.5 percentage points to inflation […]
05/15/2026
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By Sterling Ashworth
Ghana to Evacuate 300 Citizens from South Africa Amid Xenophobic Attacks
Ghana Announces Evacuation of Citizens Ghanaian President John Mahama approved the immediate evacuation of 300 citizens from South Africa, following what Accra described as a fresh wave of xenophobic attacks targeting foreign nationals, according to Ghanaian Foreign Minister Samuel Okudzeto Ablakwa. Ablakwa stated in a post on X that the “distressed” Ghanaians had registered with […]
04/11/2026
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By Sterling Ashworth
Trump Threatens 50% Tariffs on Nations Supplying Weapons to Iran
Introduction On April 8, 2026, U.S. President Donald Trump announced a policy to impose immediate 50% tariffs on goods from any country found supplying military weapons to Iran. The announcement was made via a post on Truth Social, according to reports from several news outlets [1], [2], [3]. The threat comes just hours after the […]
04/04/2026
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By Sterling Ashworth
U.S. Alerts Goldman Sachs in Paris Following Iranian Group Threat, Heightening Security Concerns
Introduction French authorities placed the Paris headquarters of Goldman Sachs under police surveillance on Wednesday night, April 1, following a specific threat warning issued by U.S. authorities. According to reports, the warning stated that an Iranian group was threatening to attack U.S. bank buildings in the French capital with explosive devices [1]. The alert prompted a security […]
04/03/2026
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By Sterling Ashworth
NHTSA Proposes Ban on Chinese-Made Air Bag Inflators Following Fatal Crashes
Federal Agency Proposes Safety Ban After Fatality Investigations The National Highway Traffic Safety Administration (NHTSA) announced a proposed ban on certain Chinese-made air bag inflators on April 2, 2026. [1][2] The agency stated the parts, manufactured by Jilin Province Detiannuo Safety Technology (DTN), are linked to 10 deaths and two serious injuries in a dozen […]
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