Economy & Business
UK economy to perform worse than Russia's – IMF
The UK will be the only G7 member to slide into a recession this year, with a steeper...
Amount of frozen Russian investments revealed
More than $80 billion owned by companies and retail investors have been blocked...
Warning issued for petrodollar
Falling demand for the US dollar could lead to a decline in power for Washington,...
Oil price cap will not make a dent in Russia’s revenues...
The Western price ceiling on Russian oil will not affect the country’s exports,...
US targets China’s Huawei with more restrictions – Reuters
The US has halted licenses for American companies to export to Chinese tech major...
IMF upgrades Russian economy forecast
The International Monetary Fund has significantly upgraded its outlook for the Russian...
Spanish inflation accelerates on higher fuel prices
Spain’s consumer prices have surged unexpectedly after six months of slowing, data...
British oil giant predicts shift to clean energy
The demand for fossil fuels will drop sharply by the end of the decade due to the...
Germany warns of ‘technical’ recession
The German economy faces two quarters of contraction, Economy Minister Robert Habeck...
Polish economy slows as Ukraine conflict drags on
Poland’s GDP grew by 4.9% in 2022, slowing against the previous year and eliciting...
US allies join export curbs on China – AP
US restrictions on selling microchips to China have been supported by the Netherlands...
Türkiye pins hopes on Black Sea gas
Ankara says its revised Black Sea natural gas reserves are enough to cover demand...
Russia becomes Iran’s biggest investor – official
Moscow has spent nearly $3 billion on Iranian oil projects over 15 months, senior...
World’s top-selling carmaker revealed
Toyota has retained the title of world’s best-selling automaker with over 10 million...
China’s smartphone sales drop to decade low – report
China's smartphone shipments plunged 14% in 2022, according to a report by market...
Germany warned of ‘technical’ recession
The German economy faces two quarters of contraction, Economy Minister Robert Habeck...
