Economy & Business
Turkish inflation spinning out of control
Consumer prices in Türkiye surged nearly 60% year-on-year in August, official data...
Saudi Arabia’s forex reserves plunge
Saudi Arabia’s foreign currency reserves plunged by over $16 billion in July as...
ECB tries to spin silver lining in Eurozone slowdown
The euro area needs its economic growth to slow faster to help bring down inflation...
Chinese banks sharply increasing market share in Russia...
Chinese banks have ramped up their exposure to the Russian banking sector amid Beijing’s...
London bank upgrades Russian GDP growth forecast
Barclays analysts have raised its economic growth estimate for Russia to 1.7% this...
EU’s economic engine losing steam – study
German GDP will fall by 0.5% in 2023, under pressure from high interest rates and...
UK home sales set to hit 12-year low
The number of homes sold in Britain this year is set to reach the lowest annual...
Brazil posts record oil and gas production
Brazil extracted record volumes of oil and gas in July and is set to boost its energy...
Hollywood strikes costing California economy billions –...
The ongoing writer and actor strike action in Hollywood has cost California economy...
West looking for ways to ban Russian diamonds – NYT
The EU and G7 have been working to restrict trade in Russian diamonds as part of...
Eurozone slowdown faster than expected – ECB
The euro area needs its economic growth to slow faster to help bring down inflation...
Sales of Russian ice cream booming in Israel
Russian ice cream is in high demand in Israel, according to Rosselkhoznadzor Read...
US dollar a ‘very problematic’ currency – Moscow
Washington uses the dollar as a tool of ‘‘hegemony and colonialism,’’ Maria Zakharova...
Musk secretly funded Bitcoin rival – WSJ
Elon Musk has been quietly financing Dogecoin developers, the Wall Street Journal...
German data reveals growing dependence on Russian fertilizers
German imports of Russian fertilizers surged by more than 300% over the past year,...
Russians taking Dubai real estate market by storm
Sanctions are prompting Russians to shift their investments from Western countries...
