Oil supply shortage sparks concerns of potential economic crash

FAN Editor 2 years ago

Oil supply shortage sparks concerns of potential economic crash – CBS News

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Russia’s war in Ukraine is causing a ripple effect of economic issues around the world, forcing gas prices up and stock numbers down. Paul Sankey, lead analyst at Sankey Research, joins CBS News at closing bell on the New York Stock Exchange to break down the possible solutions to the oil crisis.

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China will raise defense spending by 7.1% in 2022, faster than last year

Sat Mar 5 , 2022
Chinese President Xi Jinping inspects troops during a parade on October 1, 2019, to celebrate the 70th Anniversary of the founding of the People’s Republic of China at Tiananmen Square in 1949, in Beijing, China. Kevin Frayer | Getty Images BEIJING — China’s defense spending this year is set to […]

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