Economy & Business

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Oil prices rise on Russian restrictions

Oil prices rise on Russian restrictions

Global crude prices have edged higher after Russia barred exports of diesel and...

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Western sanctions create ‘new opportunities’ – Putin

Western sanctions create ‘new opportunities’ – Putin

The Russian economy has emerged from Western pressure stronger than before, President...

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Putin wants ‘high-wage economy’

Putin wants ‘high-wage economy’

President Vladimir Putin has called on government officials to maintain Russia’s...

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US buying record amount of Russian fertilizers – official figures

US buying record amount of Russian fertilizers – official...

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

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‘Exceptional’ Russian harvest lowers global wheat prices – FT

‘Exceptional’ Russian harvest lowers global wheat prices...

Wheat prices have slipped to a three-year low due to abundant Russian supplies that...

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Russia reaping benefits of storing gold – media

Russia reaping benefits of storing gold – media

Russia has ramped up its gold reserves to record highs to counter Western sanctions...

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Germany’s 9/11 moment: This act of economic terror will change the future of Europe

Germany’s 9/11 moment: This act of economic terror will...

The destruction of the Nord Stream pipelines, a symbol of energy security for Europe’s...

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Russia to become self-sufficient in ‘critical’ mineral

Russia to become self-sufficient in ‘critical’ mineral

Russia’s lithium reserves and processing capacity will completely cover domestic...

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Moscow unemployment lowest among G20 megacities – official

Moscow unemployment lowest among G20 megacities – official

The unemployment rate in Moscow was the lowest among G20 megacities in 2022, the...

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Diamond producers angry at G7’s Russia ban – FT

Diamond producers angry at G7’s Russia ban – FT

Global gem giants are reportedly against a G7 and EU plan to ban Russian diamonds...

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Russia names countries admitted to foreign exchange market

Russia names countries admitted to foreign exchange market

Bankers and brokers from more than 30 nations have been approved to engage in currency...

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EU to back members against Ukraine – FT

EU to back members against Ukraine – FT

The European Union will likely defend Poland, Hungary, and Slovakia in their Ukraine...

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France bets on coal to ensure power supply

France bets on coal to ensure power supply

France may have to keep its remaining coal-fired plants on call to get through winters,...

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UK backtracks on petrol-car ban

UK backtracks on petrol-car ban

London will put off until 2035 its national ban on sales of new gasoline and diesel...

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Russia becomes UAE’s top gold supplier – Bloomberg

Russia becomes UAE’s top gold supplier – Bloomberg

The UAE has been buying Russian gold shunned by the West, reportedly importing just...

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EU country resolves grain dispute with Ukraine – Reuters

EU country resolves grain dispute with Ukraine – Reuters

Bratislava and Kiev could establish a licensing system for agricultural trade, Reuters...