ECONOMICS

By Tsvetana Paraskova of OilPrice.com

The next round of EU sanctions against Russia over the invasion of Ukraine should include measures to address the shadow fleet of tankers helping Russia move its oil and a ban on EU imports of Russian LNG, Sweden’s foreign minister said on Monday. (more…)

By Tsvetana Paraskova of OilPrice.com

U.S. President Joe Biden is announcing on Monday $7 billion in grants to help more than 900,000 low-income households install residential solar power, the White House said.

President Biden will mark today’s Earth Day by traveling to Prince William Forest Park in Triangle, Virginia, and is expected to highlight the Administration’s progress “in tackling the climate crisis, cutting costs for everyday Americans, and creating (more…)

Government debt levels have grown in most parts of the world since the 2008 financial crisis, and even more so after the COVID-19 pandemic.

To gain perspective on this long-term trend, Visual Capitalist's Marcu Lu visualized the debt-to-GDP ratios of advanced economies, as of 2000 and 2024 (estimated). All figures were sourced from the IMF’s World Economic Outlook.

Data and Highlights

The data we used to create this graphic is listed in the table below. “Government (more…)