Economy & Business

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EU’s largest economy shrinks

EU’s largest economy shrinks

The German economy contracted in the final quarter of 2022, signaling risk of a...

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Financial crime watchdog suspends Russia

Financial crime watchdog suspends Russia

Financial Action Task Force on Friday suspended Russia’s membership claiming that...

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White House details new sanctions against Russia

White House details new sanctions against Russia

Washington will raise duties on Russian metals, minerals and chemical products,...

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Japanese inflation hits four-decade high

Japanese inflation hits four-decade high

Inflation in Japan has reached a new high on soaring prices of fuel and raw materials,...

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IMF advises against making crypto legal tender

IMF advises against making crypto legal tender

Crypto assets should not be granted official currency or legal tender status, the...

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China accused of stealing Western technology

China accused of stealing Western technology

Chinese courts are reportedly nullifying patents of Western firms in industries...

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EU’s energy war with Russia is not over – IEA

EU’s energy war with Russia is not over – IEA

The EU still has much work ahead to end energy dependence on Russia and secure supplies...

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British supermarkets begin rationing vegetables

British supermarkets begin rationing vegetables

UK’s Tesco has become the fourth supermarket chain to limit salad vegetable purchases...

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EU won’t fine banks which fail to reveal Russian assets – Politico

EU won’t fine banks which fail to reveal Russian assets...

The tenth round of Brussels’ sanctions won’t include fines for failing to report...

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Gulf state to become a top-20 Russian partner – official

Gulf state to become a top-20 Russian partner – official

The UAE is on course to join Russia’s top 20 economic partners, with mutual trade...

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Gulf state to join top 20 Russian economic partners – official

Gulf state to join top 20 Russian economic partners – official

The UAE is on course to join Russia’s top 20 economic partners, with mutual trade...

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US Fed warns of more rate hikes

US Fed warns of more rate hikes

Federal Reserve officials plan more key rate hikes this year to battle persistently...

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German inflation pushes higher – report

German inflation pushes higher – report

Inflation in Germany has continued to climb, driven by soaring energy and food prices,...

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EU country’s imports from Russia hit record high

EU country’s imports from Russia hit record high

Greece has ramped up imports of Russian goods despite Western sanctions, official...

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EU fails to agree new Russia sanctions – Reuters

EU fails to agree new Russia sanctions – Reuters

EU nations have not managed to agree on a new package of anti-Russia sanctions,...

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Russia-China trade to hit $200 billion target early – Putin

Russia-China trade to hit $200 billion target early – Putin

Trade between Russia and China soared last year and may reach the 2024 goal ahead...