Economy & Business

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US government waging ‘war on crypto’ – ChatGPT developer

US government waging ‘war on crypto’ – ChatGPT developer

Washington wants to take control over virtual currencies, AI pioneer Sam Altman...

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IMF raises Russian GDP growth forecast by almost 50%

IMF raises Russian GDP growth forecast by almost 50%

The IMF has revised upwards its forecast for Russia’s 2023 GDP growth but has lowered...

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Foreign brands turn to Russian market

Foreign brands turn to Russian market

A record number of foreign brands have registered in Russia since the beginning...

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US ramps up imports from Russia – Census Bureau

US ramps up imports from Russia – Census Bureau

The US boosted goods purchases from Russia in August despite its numerous rounds...

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Israeli-Palestinian conflict pushes oil prices higher

Israeli-Palestinian conflict pushes oil prices higher

Violent clashes between Israel and Palestinian militants have sent oil prices surging...

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Israeli currency drops to eight-year low

Israeli currency drops to eight-year low

The Israeli shekel has declined 3% to 3.96 versus the US dollar, the lowest since...

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Turkish lira hits new all-time low

Turkish lira hits new all-time low

Türkiye’s national currency, the lira, has dropped to its lowest historical level...

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Baltic natural gas pipeline shut over suspected leak

Baltic natural gas pipeline shut over suspected leak

A subsea gas pipeline flow running from an LNG terminal in Finland to Estonia was...

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AI could let people work less, JPMorgan boss claims

AI could let people work less, JPMorgan boss claims

Artificial Intelligence may let people work three-and-a-half days a week in the...

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Russia resumes oil exports to BRICS partner

Russia resumes oil exports to BRICS partner

Brazil’s imports of Russian oil in September surged to their highest volume since...

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Germany at risk of energy shortages – utility

Germany at risk of energy shortages – utility

Germany may face gas supply disruptions in case of a cold winter due to shortages...

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Americans losing spending power – Bloomberg   

Americans losing spending power – Bloomberg  

About a fifth of high- and middle-income Americans expect their revenues to drop...

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Russia becomes India’s number one supplier of light-end oil product

Russia becomes India’s number one supplier of light-end...

Russia has surpassed the United Arab Emirates as India’s top supplier of naphtha,...

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Russia’s richest company revealed

Russia’s richest company revealed

Energy giant Gazprom has topped the Forbes rating of Russia’s most profitable companies...

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Israel-Palestine conflict endangering oil market – experts

Israel-Palestine conflict endangering oil market – experts

No immediate threat to global oil supply expected as Iran, an alleged backer of...

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Saudi Arabia considering oil U-turn to secure defense deal – WSJ

Saudi Arabia considering oil U-turn to secure defense deal...

Riyadh may scrap crude output cuts next year in exchange for a defense pact with...