Ukraine

EU Ban On Russian Coal Imports Comes Into Force

The European Union banned Russian coal imports in response to the invasion of Ukraine as part of sanctions in April. Since then, it’s been scrambling to find alternative sources including Colombia, Australia and the US.
A loaded dump truck passes an em…

European drought: Possible forex implications?

Earlier today, a somewhat worrying report came out that a key point in the Rhine river would likely become impassable on Friday. It takes several days for the water to flow down the length of the river, which allows for fairly accurate predictions of w…