Economy & Business

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Eurozone falls into recession   

Eurozone falls into recession  

Economic growth in the euro area came in negative in the first quarter of the year,...

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Russia being robbed by the West – Kremlin

Russia being robbed by the West – Kremlin

The Russian government will continue with its efforts to recover assets and funds...

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EU fails to agree on next round of Russia sanctions – Politico

EU fails to agree on next round of Russia sanctions – Politico

EU states have reportedly been unable to reach a consensus about new restrictions...

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Iran unveils energy hub ambitions

Iran unveils energy hub ambitions

Tehran aims to become a major regional gas trading platform to counter US sanctions...

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Putin predicts positive GDP for Russia in 2023

Putin predicts positive GDP for Russia in 2023

The Russian economy must become more self-sufficient amid Western sanctions, President...

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Virgin Galactic shares shoot up after UFO claims

Virgin Galactic shares shoot up after UFO claims

The stock of spaceflight venture Virgin Galactic has rallied on reports that the...

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EU looks to target more Russians with sanctions

EU looks to target more Russians with sanctions

The European Council added family members of Russian business people to the list...

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Russian car sales roaring back

Russian car sales roaring back

Sales of new cars in Russia surged by 112% in May year-on-year signaling a recovery,...

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UK faces highest inflation in developed world – OECD

UK faces highest inflation in developed world – OECD

Britain will have one of the highest inflation rates in the G20 this year, an OECD...

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Russian economy returning to growth – World Bank

Russian economy returning to growth – World Bank

The World Bank expects the Russian economy to grow next year on booming energy revenues...

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Russian nuclear giant looks to replace Western medical devices

Russian nuclear giant looks to replace Western medical...

Rosatom has established a new division to produce titanium implants to treat bone...

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EU’s economic engine grinding to a halt

EU’s economic engine grinding to a halt

Industrial orders in Germany dropped in April due to persistently high prices, official...

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Moscow rekindles economic ties with Cold War ally

Moscow rekindles economic ties with Cold War ally

Economic cooperation between Moscow and Havana is growing stronger despite adverse...

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Putin calls for Russian economic sovereignty

Putin calls for Russian economic sovereignty

The Russian economy must become more self-sufficient amid Western sanctions, President...

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US seeks to freeze assets of world’s biggest crypto exchange

US seeks to freeze assets of world’s biggest crypto exchange

The US Securities and Exchange Commission asked a court on Tuesday to freeze the...

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Russian energy project shakes off sanctions   

Russian energy project shakes off sanctions  

Output at the Sakhalin-1 oil and gas venture in Russia's Far East has been restored...