Economy & Business

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EU state pledges to send profits from frozen Russian assets to Ukraine   

EU state pledges to send profits from frozen Russian assets...

Taxes from the interest earned on immobilized Russian assets will go to fund Ukraine’s...

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Putin orders new measures to strengthen ruble

Putin orders new measures to strengthen ruble

Russian exporters from key industries have been ordered to repatriate foreign currency...

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Israel crisis could cause global economic shock – Nouriel Roubini

Israel crisis could cause global economic shock – Nouriel...

The Israeli-Palestinian conflict could cause “huge” damage with oil supply disruptions...

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US adds $500 billion to debt in less than a month

US adds $500 billion to debt in less than a month

US national debt saw an unprecedented surge by over $500 billion in less than a...

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IMF tells Ukraine to collect more taxes

IMF tells Ukraine to collect more taxes

Ukraine should focus on collecting taxes and implementing reforms as international...

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Russia’s nuclear industry has no equal – Putin

Russia’s nuclear industry has no equal – Putin

President Putin said that no other country can compete with Russia in the nuclear...

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Russia’s economic growth to beat EU and US – NYT

Russia’s economic growth to beat EU and US – NYT

The Russian economy may grow 2.5% this year and could outpace Western countries,...

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Russian electricity ten times cheaper than in UK – banker

Russian electricity ten times cheaper than in UK – banker

Consumers in Russia pay ten times less for electricity than those in the UK, and...

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IMF issues new negative global inflation forecast

IMF issues new negative global inflation forecast

Global inflation is projected to surge 5.8% in 2024, the IMF said in the latest...

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Bitcoin mining manufacturer can’t pay staff – report

Bitcoin mining manufacturer can’t pay staff – report

The world’s biggest manufacturer of hardware for cryptocurrency mining, Bitmain,...

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Sharp rise in luxury cars registered in Russia – RBK

Sharp rise in luxury cars registered in Russia – RBK

The number of luxury cars in Russia surged last year despite Western sanctions,...

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Ukraine looking for more debt deals – Reuters

Ukraine looking for more debt deals – Reuters

Ukraine is talking to major lenders with a view to restructuring its outstanding...

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German production drops further

German production drops further

A lack of demand, shortages of skilled workers, and high energy costs are weighing...

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Share prices of Western military contractors shoot up after Israel violence

Share prices of Western military contractors shoot up after...

Shares of the largest US and EU military and defense corporations soared amid renewed...

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Sabotage suspected in Baltic pipeline leak

Sabotage suspected in Baltic pipeline leak

A probe has reportedly been launched into the leak of an undersea pipeline between...

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Malaysia takes new step away from US dollar

Malaysia takes new step away from US dollar

Malaysia is looking to increase settlements in national currencies with Indonesia,...