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Federal Reserve Bank of Richmond President Thomas Barkin said he expects high interest rates to slow the economy further and cool inflation to the central bank’s 2% target. Barkin, who votes on monetary policy this year, said Monday the strength of the labor market offers the Fed time to gain confidence that inflation is moving sustainably lower before ...
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So strategically vital to Russia, Iran, and China is the Akkas gas field in Iraq that enormous pressure was brought to bear on politicians in Baghdad to ensure that all contracts related to the field went to Russian firms in the first instance, with back up from Chinese companies when required. Iranian gas companies are not thought up to the task of running ...
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