Economy & Business
The signs of de-dollarization are everywhere
The US currency is losing its luster with oil trade and international deals being...
Kiev retaliates against Moldova grain ban
Kiev will completely ban imports from Moldova to retaliate against Chisinau’s embargo...
IEA issues global gas warning
The global natural gas supply will remain tight in 2023 amid a wide range of uncertainties,...
IMF issues grim warning about global economy
International Monetary Fund chief Kristalina Georgieva says economic fragmentation...
Russian economy showing signs of recovery – data
Russia’s GDP shrank 2.2% in the first quarter of the current year in annual terms,...
Over 2,000 US banks are insolvent – Telegraph
Almost half of the 4,800 lenders in the US are on the brink of insolvency, as their...
Japanese clothing giant mulls Russia exit – Kommersant
Uniqlo halted operations at its Russian stores but is reluctant to completely exit...
Russian car sales triple
Chinese automobiles have been winning over the Russian market, according to the...
Pakistan switching to yuan to buy Russian oil – media
Pakistan may pay for the Russian crude oil in Chinese yuan, with a test cargo carrying...
De-dollarization is spreading and it’s not hard to see
The US currency is losing its luster with oil trade and international deals being...
Investors flock to gold as US banking crisis rages – JPMorgan
Concerns of a looming US recession have sparked investor bets on gold, JPMorgan...
New proposals for Russia sanctions revealed – media
The European Commission is reportedly mulling restricting exports to third nations...
Trading in US banks halted as financial panic spreads
Trading in shares of two more US regional lenders was suspended on Thursday after...
Central American country frees IT companies from taxes
El Salvador has terminated all taxes on tech innovations to boost economic development...
US banking crisis deepens
PacWest bank is considering a possible sale in a sign that US financial sector turmoil...
US financial turmoil not over – analyst
More challenges lie ahead for the US financial sector despite a government rescue...