Economy / Europe

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Russian crab ‘conquering’ Chinese market – data

Russian crab ‘conquering’ Chinese market – data

A leading Russian fishery increased exports of crab to China by 33% last year, export...

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ECB tells banks to ‘get out of Russia’

ECB tells banks to ‘get out of Russia’

Italian banks must halt operations in Russia as doing business there is causing...

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UK warned of toughest fiscal choices in decades

UK warned of toughest fiscal choices in decades

The next UK government will have to choose between tax hikes, spending cuts or boosting...

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G7 fails to finalize plans for tapping Russian assets

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...

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Musk blasts US tariffs on China

Musk blasts US tariffs on China

The Tesla chief executive had previously supported trade barriers on the Asian country’s...

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China can’t be ignored – JPMorgan

China can’t be ignored – JPMorgan

China’s influence on the global economy should not be underestimated, JPMorgan’s...

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EU to target luxury car influx into Russia – FT

EU to target luxury car influx into Russia – FT

The EU is preparing sanctions against Belarus to target the import of luxury cars...

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Most Americans report worsening finances – survey

Most Americans report worsening finances – survey

Inflation made the financial situation worse for 65% of households across the US...

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Putin orders American Express bank to liquidate

Putin orders American Express bank to liquidate

The US credit institution suspended all operations in Russia in 2022 due to Western...

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Cutting off Palestine from global banking system would be ‘catastrophic’ – FT

Cutting off Palestine from global banking system would...

The decision would paralyze the Palestinian Authority’s economy, according to a...

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Davos boss quits – media

Davos boss quits – media

Klaus Schwab, the founder of ‘Davos’ World Economic Forum, has reportedly quit and...

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Gold price hits record high after Raisi death

Gold price hits record high after Raisi death

Gold has rallied in value as investors considered the potential implications of...

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ECB rushing banks to quit Russia – FT 

ECB rushing banks to quit Russia – FT 

The EU regulator has demanded that Eurozone banks still in Russia should speed up...

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China offloads record amount of dollar assets – data

China offloads record amount of dollar assets – data

Beijing sold $53.3 billion worth of US Treasuries in the first quarter, data has...

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Russian economic growth hits 5.4%

Russian economic growth hits 5.4%

The Russian economy grew above expectations in the first quarter, preliminary statistics...

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Study finds which countries are most vulnerable to sanctions

Study finds which countries are most vulnerable to sanctions

The US, Russian and Chinese economies could weather a full trade blockade, while...