Economy & Business

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EU not ready to finalize new Russia sanctions – Borrell

EU not ready to finalize new Russia sanctions – Borrell

Top EU diplomat Josep Borrell has admitted disagreements among member states over...

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Dollar has five years left as dominant currency – Russian tycoon

Dollar has five years left as dominant currency – Russian...

Aluminum magnate Oleg Deripaska says US dollar’s hegemony is coming to an end Read...

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Major lithium-producing country to nationalize reserves

Major lithium-producing country to nationalize reserves

Santiago will create a state-owned lithium company to control the nation’s massive...

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Luxury giant becomes Europe's first $500 billion-valued firm

Luxury giant becomes Europe's first $500 billion-valued...

The reopening of China and a strengthening euro have contributed to a record market...

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Western sanctions have ‘boomeranged,’ Russian finance minister tells RT

Western sanctions have ‘boomeranged,’ Russian finance minister...

Western countries’ attempts to put pressure on Moscow have backfired, according...

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Indian dependence on Russian oil soaring – Nikkei

Indian dependence on Russian oil soaring – Nikkei

Russian crude reportedly makes up 30% of India’s overall imports as EU buyers shun...

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Indonesia ready to bypass Visa and Mastercard – media

Indonesia ready to bypass Visa and Mastercard – media

Jakarta is reportedly set to introduce a domestic card payment system in May Read...

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German industrial giant to take hit on Russia exit

German industrial giant to take hit on Russia exit

Henkel has agreed to sell its Russian assets for over $650 million, the company...

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Russia has enough coal for 300 years – Energy Ministry

Russia has enough coal for 300 years – Energy Ministry

Russian coal reserves will last for centuries, deputy head of the Energy Ministry...

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Ex-president warns G7 against banning exports to Russia

Ex-president warns G7 against banning exports to Russia

Russia may quit the Ukraine grain deal if G7 countries place a total ban on the...

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New sanctions against Russia may include transit ban – Bloomberg

New sanctions against Russia may include transit ban –...

The EU reportedly plans to prohibit the transit of certain goods through Russia...

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Food item most affected by anti-Russia sanctions revealed

Food item most affected by anti-Russia sanctions revealed

Chewing gum has seen the biggest increase in retail price in Russia over the past...

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China’s big refiners snapping up Russian oil – Reuters

China’s big refiners snapping up Russian oil – Reuters

Top Chinese refineries are beating smaller players for Russian crude supplies forcing...

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Russia completely abandons dollar, euro in energy trade – deputy PM

Russia completely abandons dollar, euro in energy trade...

Moscow plans to switch all settlements for energy resources to national currencies,...

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US recession looming, strategist warns

US recession looming, strategist warns

Economic data suggests that the US may plunge into a recession very soon, according...

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Russia-China border region sees surge in investment

Russia-China border region sees surge in investment

Projects worth over $1.6 billion were launched in Russia’s far-eastern Khabarovsk...