Economy & Business

bg
US mortgage rates hit 23-year high

US mortgage rates hit 23-year high

US mortgage rates have inched closer to 8% this week following the Federal Reserve’s...

bg
Top Russian bank ready to back Europe’s biggest high-speed rail project

Top Russian bank ready to back Europe’s biggest high-speed...

Russian state lender Sber has announced it is ready to partly finance an ambitious...

bg
Expanded BRICS to dominate global energy markets – data

Expanded BRICS to dominate global energy markets – data

The BRICS group will control nearly half of the world’s total oil output after six...

bg
BRICS offers vast opportunities to its members – NGO head

BRICS offers vast opportunities to its members – NGO head

BRICS is a unique platform that gives members the opportunity to be independent...

bg
'Putin’s favorite oligarch’ gets his day in court

'Putin’s favorite oligarch’ gets his day in court

An EU court has ruled in favor of Russian-Uzbek billionaire Alisher Usmanov against...

bg
Beer giant sells Russian assets for one euro

Beer giant sells Russian assets for one euro

Heineken has finalized its exit from Russia by selling its business to a local company,...

bg
EU nations push to extend ban on Ukrainian grain

EU nations push to extend ban on Ukrainian grain

Poland, Bulgaria, Hungary, Romania and Slovakia have been calling for the EU’s ban...

bg
Russia toughens exit rules for Western firms – Reuters

Russia toughens exit rules for Western firms – Reuters

Companies leaving Russia have been forced to sell at steeper discounts, Reuters...

bg
Ukraine labels Western tobacco giants ‘sponsors of war’

Ukraine labels Western tobacco giants ‘sponsors of war’

Kiev has designated Phillip Morris and Japan Tobacco 'sponsors of war' as they continue...

bg
Türkiye announces massive interest rate hike

Türkiye announces massive interest rate hike

Türkiye has raised interest rates by 7.5 percentage points to 25% in a bid to tame...

bg
Prof. Schlevogt’s Compass № 1: How China’s ‘largest dark horse city’ can show the way for the whole country

Prof. Schlevogt’s Compass № 1: How China’s ‘largest dark...

Amid the struggle to reignite growth post-Covid, the city of Hefei prospers thanks...

bg
Türkiye announces massive interest rate hike     

Türkiye announces massive interest rate hike    

Türkiye has raised interest rates by 7.5 percentage points to 25% in a bid to tame...

bg
China bars seafood from Japan

China bars seafood from Japan

Beijing halted imports of all seafood originating in Japan after Tokyo began releasing...

bg
US doubles uranium imports from Russia – data

US doubles uranium imports from Russia – data

The US has ramped up purchases of Russian uranium despite attempts to sever economic...

bg
EU nation faces surge in bankruptcies – data 

EU nation faces surge in bankruptcies – data 

Insolvencies in Poland rose sharply in the first half of the year amid an economic...

bg
BRICS bank should take on bigger role – economist

BRICS bank should take on bigger role – economist

The BRICS bank should become more powerful to enable the establishment of a common...