Economy & Business

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EU nation bans Ukrainian grain

EU nation bans Ukrainian grain

Slovakia’s Agriculture Ministry has banned the processing and sale of Ukrainian...

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G7 sanctions threaten millions of Indian jobs – media

G7 sanctions threaten millions of Indian jobs – media

G7 plan to sanction large rough diamonds from Russia poses a threat to India’s polishing...

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US national debt to skyrocket – IMF

US national debt to skyrocket – IMF

US government debt is expected to accelerate past 136% of GDP in the next five years,...

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Rebranded Zara stores to reopen in Russia

Rebranded Zara stores to reopen in Russia

Former Zara stores in Russia are to reopen by summer and under a new name, the Russian...

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US banks to reveal massive deposit drain – Bloomberg    

US banks to reveal massive deposit drain – Bloomberg   

Top US banks have seen significant savings withdrawals following the collapse of...

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Russian oil exports hit near three-year high – IEA

Russian oil exports hit near three-year high – IEA

Moscow's crude exports in March were the highest since Covid pandemic despite Western...

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Report reveals surge in Chinese oil imports

Report reveals surge in Chinese oil imports

China’s crude imports reached their highest since 2020 as refineries have ramped...

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Major growth in Russian real wages predicted

Major growth in Russian real wages predicted

Russia’s Ministry of Economic Development has raised its forecast for real wage...

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French tightening belts – media

French tightening belts – media

The French have cut back on in-store purchases amid soaring inflation, BFMTV reports...

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Top importer of Russian vodka named

Top importer of Russian vodka named

Israel has surpassed Britain as the largest importer of Russian vodka, a UN statistics...

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Ukraine’s Naftogaz claims $5 billion legal victory

Ukraine’s Naftogaz claims $5 billion legal victory

Ukraine’s Naftogaz says Russia owes $5 billion in compensation for its Crimea assets,...

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US dollar forecast to lose global dominance

US dollar forecast to lose global dominance

The dollar’s hegemony will continue to decline amid the growing need for a multi-currency...

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Apple and Samsung divided on Russian imports

Apple and Samsung divided on Russian imports

Apple ended purchases of tungsten, tantalum and gold from Russia last year while...

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Swiss banks issue warning to Russian taxpayers – RBK

Swiss banks issue warning to Russian taxpayers – RBK

Swiss banks have notified clients who pay taxes in Russia that their accounts may...

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EU country weaning off Russian energy – official

EU country weaning off Russian energy – official

The Netherlands will not sign new supply contracts for Russian LNG in 2023, energy...

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Italy greenlights sale of Russian refinery – Reuters

Italy greenlights sale of Russian refinery – Reuters

Rome has approved the sale of a Lukoil-owned refinery in Sicily to a Cypriot firm,...