Economy & Business
US to tap oil reserves to offset Russian production cut
The Biden administration plans to release 26 million barrels of oil from the emergency...
EU adds Russia to tax haven blacklist
The European Union has added Russia to its list of ‘non-cooperative jurisdictions...
Brexit cost to UK economy revealed
Brexit has dealt a significant blow to the growth of the British economy, according...
High US inflation could last a decade – investment expert
US inflation will be “far stickier” and longer-lasting than previously expected,...
Wheat prices surge on Ukraine harvest concerns – media
Wheat futures are trading near two-month highs on fears the Ukraine crisis will...
Dollar crash coming – Robert Kiyosaki
A giant crash and potential depression are coming to the US, best-selling author...
Soaring energy costs drive Swiss inflation higher – data
Inflation in Switzerland is being driven by surging food and energy costs, with...
Russia to reroute oil exports to ‘friendly’ states – official
Moscow plans to boost oil supply to ‘friendly’ countries and particularly to the...
Ruble slips to nine-month low
The Russian currency slipped to its weakest level against the US dollar since April...
West European energy subsidies approaching $1 trillion...
European countries’ bill to shield households and businesses from surging energy...
EU spending on energy crisis approaching $1 trillion –...
European countries’ bill to shield households and businesses from surging energy...
Russia boosts gas supply to China – official
Russia has increased natural gas exports to China via the Power of Siberia pipeline,...
West’s gasoline shipping costs soar after Russia embargo...
The cost of shipping petrol on the Atlantic Ocean surged 405% after the sanctions...
EU preparing more economic sanctions against Russia – Politico
Brussels is working on a new round of sanctions to target the Russian economy, Politico...
Saudi Arabia keen to join BRICS and SCO – envoy
Saudi Arabia would like to be part of the BRICS bloc and the Shanghai Cooperation...
Russia’s trade with African country up more than 50% –...
Russia-Tunisia trade turnover expanded by 63% in 2022 despite the restrictions,...