Economy & Business

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Germany acknowledges ‘new normal’

Germany acknowledges ‘new normal’

Expensive energy will become “a new normal” in Germany, Finance Minister Christian...

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Germany sticks to pledge on Russian pipeline-oil imports

Germany sticks to pledge on Russian pipeline-oil imports

Germany has halted imports of Russian oil via the Druzhba pipeline despite an exemption...

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IMF issues dire warning

IMF issues dire warning

A third of the global economy will be in recession this year, according to Kristalina...

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UK stops Russian gas imports

UK stops Russian gas imports

Britain has entirely banned imports of liquified natural gas from Russia from January...

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Young Brits ‘too sick’ to work – official data

Young Brits ‘too sick’ to work – official data

More young people in the UK have become economically inactive due to mental health...

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Russia to double yuan share in rainy day fund – Finance Ministry

Russia to double yuan share in rainy day fund – Finance...

The permitted share of the Chinese yuan in Russia’s National Wealth Fund will be...

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Euro- and Schengen zones gain a new member

Euro- and Schengen zones gain a new member

The new year sees Croatia shift to the euro and become part of the passport-free...

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Nation joins open-borders zone and adopts euro

Nation joins open-borders zone and adopts euro

The new year sees Croatia shift to the euro and become part of the passport-free...

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Russia-Japan trade surges despite sanctions – media

Russia-Japan trade surges despite sanctions – media

Trade between Russia and Japan saw a year-on-year increase of 10% to some $18 billion...

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Nation joins open-borders club and adopts euro

Nation joins open-borders club and adopts euro

The new year sees Croatia shift to the euro and become part of the passport-free...

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UK nuclear plants face early shutdown

UK nuclear plants face early shutdown

EDF, the French owner of UK nuclear plants, warns of early shutdown of two stations...

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Inflation in Germany to remain high – survey

Inflation in Germany to remain high – survey

Germany may not reach its target inflation rate of 2% until at least 2025, German...

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Brits rush to buy energy-saving appliances – FT

Brits rush to buy energy-saving appliances – FT

UK households have been stocking up on energy-efficient appliances to lower the...

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Elon Musk becomes first man ever to lose $200 billion – Bloomberg

Elon Musk becomes first man ever to lose $200 billion –...

Elon Musk’s fortune has shrunk by more than half from its 2021 peak of $340 billion,...

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Russian oil products refined abroad exempt from price cap – US Treasury

Russian oil products refined abroad exempt from price cap...

A price cap will not apply to Russian petroleum products that are ‘substantially...

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Transfers to foreign banks from Russia surge 26-fold

Transfers to foreign banks from Russia surge 26-fold

New deposits held by Russian residents in foreign banks topped a record 1.4 trillion...