Economy & Business

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Russia-China gas megadeal ‘at final stages’ – official

Russia-China gas megadeal ‘at final stages’ – official

A deal on the Power of Siberia 2 project between Russia and China will be reached...

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Russia could restrict sunflower oil exports – Vedomosti

Russia could restrict sunflower oil exports – Vedomosti

Russia may halt exports of sunflower oil and wheat due to falling prices for the...

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US warns Russia and China over dollar alternative

US warns Russia and China over dollar alternative

US Treasury Secretary Janet Yellen has claimed it will be difficult for Moscow and...

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ECB pressuring major bank to leave Russia – Reuters

ECB pressuring major bank to leave Russia – Reuters

The European Central Bank has reportedly asked Austria's Raiffeisen Bank to sell...

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UK inflation accelerates – data

UK inflation accelerates – data

British consumers are facing soaring fresh food prices and rising costs of restaurant...

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Germans warned of gas shortage

Germans warned of gas shortage

The power crisis is not over for Germany, which could run out of natural gas next...

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France rocked by nationwide strikes over pension reform

France rocked by nationwide strikes over pension reform

French citizens have been protesting against President Emmanuel Macron’s plan to...

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US economy heading for ‘train wreck,’ billionaire warns

US economy heading for ‘train wreck,’ billionaire warns

Hedge fund manager Bill Ackman has voiced concern over the banking crisis and the...

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Bitcoin has ‘no future’ – Russian finance official

Bitcoin has ‘no future’ – Russian finance official

Cryptocurrencies are unreliable, unlike Russia-issued digital financial assets,...

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Eurozone can’t recover wealth lost to energy crisis – Lagarde

Eurozone can’t recover wealth lost to energy crisis – Lagarde

ECB President Christine Lagarde says rising energy costs will ultimately be shared...

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Russia warns of future global oil shortage

Russia warns of future global oil shortage

Underinvestment in crude production in the West will trigger global supply shortages,...

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Moscow and Beijing sign long-term nuclear deal

Moscow and Beijing sign long-term nuclear deal

Moscow and Beijing agreed to jointly develop fast-neutron reactors and produce uranium-plutonium...

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Russian inflation drops below 6%

Russian inflation drops below 6%

Russia’s annualized inflation slowed to 5.99% as of March 20, compared to 7.65%...

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Russia lifts veil on gold holdings

Russia lifts veil on gold holdings

The Bank of Russia has reported growth in the country’s bullion reserves in the...

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Germans warned of more inflation

Germans warned of more inflation

The energy crisis and inflation-related loss of purchasing power continue to dampen...

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Russia and China sign long-term nuclear deal

Russia and China sign long-term nuclear deal

Moscow and Beijing agreed to jointly develop fast-neutron reactors and produce uranium-plutonium...