Economy & Business

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Japan tightens restrictions on trade with Russia

Japan tightens restrictions on trade with Russia

The Japanese government is set to expand its ban on Russian imports, citing the...

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EU state on takeover spree of Russian assets

EU state on takeover spree of Russian assets

Poland has appointed temporary governance for two firms with Russian connections,...

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Spaniards losing spending power – data

Spaniards losing spending power – data

Spain is facing a slump in purchasing power as it reels from one of the sharpest...

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Putin backs G20 membership for African Union

Putin backs G20 membership for African Union

Russia will support the bid by 55-state African Union to join the G20 as a permanent...

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African country seeks Russian grain    

African country seeks Russian grain   

Zimbabwe’s interested in agriculture imports from Russia and wants Moscow to help...

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Russia ramping up energy exports to Africa – Putin

Russia ramping up energy exports to Africa – Putin

Supplies of Russian petroleum products to African countries have more than tripled...

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Yuan squeezing out dollar in China’s bilateral trade

Yuan squeezing out dollar in China’s bilateral trade

The Chinese yuan has overtaken the US dollar in Beijing’s cross-border transactions,...

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Russia bans fish imports from West

Russia bans fish imports from West

Russia has introduced fresh trade restrictions against “unfriendly” countries, including...

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Major Swiss bank closing accounts of Russians

Major Swiss bank closing accounts of Russians

Swiss wealth management bank Julius Baer will close the accounts of clients residing...

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Egypt pushing for new economic world order with Russia

Egypt pushing for new economic world order with Russia

Russia and Africa should move away from the US dollar and SWIFT and switch to national...

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IMF issues cryptocurrency warning

IMF issues cryptocurrency warning

The IMF has called for a comprehensive approach towards crypto policies to protect...

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IMF raises Russian GDP outlook again

IMF raises Russian GDP outlook again

Russia’s GDP is expected to grow 1.5% this year, an upwards revision from the previous...

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Russian IT boss sentenced to 14 years for treason

Russian IT boss sentenced to 14 years for treason

Moscow City Court sentenced Ilya Sachkov, co-founder of cybersecurity firm Group-IB,...

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‘Stalling’ UK economy reignites recession fears – S&P

‘Stalling’ UK economy reignites recession fears – S&P

The British economy is facing a “considerable slowdown” due to falling demand and...

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Euro area facing stubborn price growth   

Euro area facing stubborn price growth  

Core inflation in the euro area accelerated in June to 5.5%, higher than preliminary...

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Apple hit with $1 billion lawsuit in UK

Apple hit with $1 billion lawsuit in UK

British app developers are suing Apple for $1 billion, accusing the tech giant of...