Metaverse Skepticism Fuels Meta Stock Price Tumble
Meta’s share price has tumbled 58% since its inception, the victim of publicity mishaps, buggy software, competition from TikTok for younger users, and general market turbulence.
TIPP Staff
New Pipeline To Decrease Reliance On Russian Gas
The Baltic Pipe project started pumping gas to Poland four days after sabotage attacks damaged the Nord Stream network and terminated Russia’s biggest supply route to Europe.
Nobel Prize Economics Winners 2022
Former Federal Reserve chief Ben Bernanke and Douglas Diamond and Philip Dybvig have won the 2022 Nobel Economics Prize “for research on banks and financial crises,” the Royal Swedish Academy of Sciences has said.
Putin Expects Sanctions On Russia To Only Increase
Almost eight months after it began its invasion of Ukraine, Russia now has well over 12,000 sanctions imposed against it – more than three times as many as the second-highest country, Iran.
Lebanon And Israel Near Maritime Deal
A U.S.-brokered agreement could end a decade-long maritime dispute, with Israel taking complete control of the Karish gas field in exchange for exclusive Lebanese rights to neighboring Qana.
Europe Says “Nyet” To Russia Oil
European imports for Russia’s seaborne crude oil are drying up as sanctions draw near, and flows to Russia’s big three buyers – China, India, and Turkey – are down by 18.8 percent.
Global Nuclear Weapon Stockpiles Remain High
The world’s inventory of nuclear weapons remains very high, despite sizeable reductions since the end of the Cold War, with nine countries possessing approximately 12,700 warheads.
Eurozone Inflation Hits Record 10%
Euro area nations saw inflation rise by 10 percent in September compared to last year -- the highest since the creation of the euro in 1999, driven by energy prices which surged 40.8 percent.
