Economy & Business

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Eurozone facing contraction – S&P

Eurozone facing contraction – S&P

Germany and France have led the euro area’s downturn with no indication of returning...

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Russian maritime trade forecast to grow

Russian maritime trade forecast to grow

Shipping has remained brisk despite Western sanctions, the Russian Economy Ministry...

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UK firms shedding staff as recession fears mount

UK firms shedding staff as recession fears mount

UK firms are cutting the workforce amid falling output and growing risks of an economic...

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EU faces dependence on US energy supplies – official

EU faces dependence on US energy supplies – official

The European Union will be dependent of American LNG for decades, a top energy official...

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Coffee prices in Russia more than double in seven years – study

Coffee prices in Russia more than double in seven years...

A cup of coffee in Russia now costs roughly twice as much as it did in 2016, according...

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Russian LNG shipments to China surge

Russian LNG shipments to China surge

Russia has become China’s third largest LNG supplier after Qatar and Australia,...

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Russia-China trade on track for record in 2023

Russia-China trade on track for record in 2023

Moscow and Beijing have continued to ramp up economic cooperation in the face of...

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Fake euros widely accepted as payment in Kosovo

Fake euros widely accepted as payment in Kosovo

Cafes and shops in Kosovo have stopped checking euro coins for authenticity as the...

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Ukraine offers Poland compromise on grain supplies

Ukraine offers Poland compromise on grain supplies

Poland and Ukraine should launch ‘manual’ shipments of grain by coordinating each...

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Russia’s trade with EU state hits eight-year low – media

Russia’s trade with EU state hits eight-year low – media

Russia’s trade with the Netherlands dropped 200% in July compared to the same period...

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Poland sharply increases imports of Russian fertilizers – media

Poland sharply increases imports of Russian fertilizers...

Poland more than tripled purchases of Russian potash in July in annual terms, RIA...

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Statistics reveal German house prices collapse

Statistics reveal German house prices collapse

German property values slid nearly 10% in the second quarter, marking the sharpest...

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US buying record amount of Russian fertilizers – data

US buying record amount of Russian fertilizers – data

Purchases of Russian fertilizers by the US jumped to a record $944 million in the...

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Ukraine reports major increase in economic growth

Ukraine reports major increase in economic growth

Ukraine’s economy saw year-on-year growth of 19.5% in the second quarter of this...

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US corporate failures set to register 13-year high – report

US corporate failures set to register 13-year high – report

Corporate bankruptcy filings in the US have been on the rise in the light of sharp...

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Western sanctions hurting Russian expat pensioners – RBK

Western sanctions hurting Russian expat pensioners – RBK

Russian retirees living abroad are reportedly unable to withdraw pensions held in...