Economy & Business
Elon Musk’s fortune down $20 billion – Bloomberg
Elon Musk’s wealth plunged by $20.3 billion on Thursday as Tesla’s shares tumbled,...
IMF issues warning on global food prices
The termination of the Black Sea grain deal could worsen global food insecurity...
BRICS leaders to discuss sustainable payment mechanism...
BRICS members will focus on ways to boost trade in national currencies at a summit...
Moscow outlines terms for grain deal resumption
The resumption of the Black Sea grain deal would be possible if Rosselkhozbank is...
Kiev nationalizes bank owned by London-based tycoons
Kiev has nationalized Sense Bank, formerly Alfa-Bank Ukraine, which will operate...
Russian central bank makes dramatic rate hike
The Bank of Russia has raised its key interest rate to 8.5% amid inflation concerns...
EU not ready to give Russian assets to Ukraine – Netherlands
Legal issues and German concerns mean the EU is not ready to give frozen Russian...
EU trade deal with South America ‘within reach’ – von der...
Brussels expects the EU-Mercosur trade agreement to be finalized by the end of the...
Russian oil exports to China set new record
China’s imports of Russian oil soared to an all-time high in June, as Moscow remains...
Russia and EU extend mutual sanctions
Russia has extended foreign trade restrictions for another two years, while the...
Russian trade turnover breaks pre-Covid high
In January-June 2023 Russia’s trade turnover was 3% higher than in the pre-pandemic...
Global economic activity ‘slowing down’ – IMF
Medium-term growth prospects for the world economy remain weak, head of the IMF...
EU member state sets condition for bloc’s military package...
Budapest will block €500 million ($559 million) in EU funding for Kiev until its...
US hits Germany’s biggest bank with $186 million fine
The US Federal Reserve has slapped Deutsche Bank with a $186 million fine over the...
EU reveals profit from frozen Russian assets
EU clearing house Euroclear gained nearly $2 billion in interest from frozen Russian...
US curbs on chip sales to China could backfire – industry...
A US lobby has called on the Biden administration to halt sanctions on chip sales...
