Economy / Europe
Russian crab ‘conquering’ Chinese market – data
A leading Russian fishery increased exports of crab to China by 33% last year, export...
ECB tells banks to ‘get out of Russia’
Italian banks must halt operations in Russia as doing business there is causing...
UK warned of toughest fiscal choices in decades
The next UK government will have to choose between tax hikes, spending cuts or boosting...
G7 fails to finalize plans for tapping Russian assets
The G7 has not reached a consensus on how to get the revenue from frozen Russian...
Musk blasts US tariffs on China
The Tesla chief executive had previously supported trade barriers on the Asian country’s...
China can’t be ignored – JPMorgan
China’s influence on the global economy should not be underestimated, JPMorgan’s...
EU to target luxury car influx into Russia – FT
The EU is preparing sanctions against Belarus to target the import of luxury cars...
Most Americans report worsening finances – survey
Inflation made the financial situation worse for 65% of households across the US...
Putin orders American Express bank to liquidate
The US credit institution suspended all operations in Russia in 2022 due to Western...
Cutting off Palestine from global banking system would...
The decision would paralyze the Palestinian Authority’s economy, according to a...
Davos boss quits – media
Klaus Schwab, the founder of ‘Davos’ World Economic Forum, has reportedly quit and...
Gold price hits record high after Raisi death
Gold has rallied in value as investors considered the potential implications of...
ECB rushing banks to quit Russia – FT
The EU regulator has demanded that Eurozone banks still in Russia should speed up...
China offloads record amount of dollar assets – data
Beijing sold $53.3 billion worth of US Treasuries in the first quarter, data has...
Russian economic growth hits 5.4%
The Russian economy grew above expectations in the first quarter, preliminary statistics...
Study finds which countries are most vulnerable to sanctions
The US, Russian and Chinese economies could weather a full trade blockade, while...