Economy & Business
Moscow’s response to oil price cap revealed
Russia will ban oil sales to buyers who put the $60 cap price in their contracts,...
Major crypto exchange halts stablecoin withdrawals
Binance has stopped withdrawals of USDC stablecoin amid liquidity concerns Read...
China sues US over chip ban
Beijing has launched a trade dispute with the WTO over Washington’s chip export...
Russia reports budget surplus on booming energy profits
Russia’s budget surplus has soared thanks to growing oil and gas revenues, the Finance...
FTX founder arrested in Caribbean
The founder and CEO of the ill-fated FTX cryptocurrency exchange, Samuel Bankman-Fried,...
Dismal outlook issued for British economy
The British economy shrank 0.3% in the three months through October, the UK statistical...
Sweden facing worst economic slump in EU – Bloomberg
The Swedish property market has plunged sharply threatening the worst recession...
Real wages in Britain plunge – report
Britons have suffered the biggest hit to their incomes in nearly half a century,...
EU faces gas shortfall next year – IEA
EU countries may see a nearly 30 billion cubic meters gas shortfall in 2023, the...
Russia and India ditch dollar in trade
India will reportedly start using the rupee in some trade settlements with Russia...
Investment guru projects ‘worst economic problems in lifetime’
Legendary investor Jim Rogers has warned that global debt will lead to a severe...
UK to use coal-fired power plants to keep lights on
The UK’s power grid operator has ordered two coal-fired power plants to be ready...
Investors dumping crypto in record numbers after FTX collapse...
A record amount of cryptocurrency has been pulled from exchanges following the bankruptcy...
Austrian energy prices more than double
Natural gas prices in Austria have surged by 119% year-on-year in October, official...
Russia boosts gas supplies to China
Gazprom has increased gas supplies to China via the Power of Siberia pipeline, reaching...
EU becoming hooked on US energy – Kremlin
Kremlin spokesman Dmitry Peskov said that Europe is replacing its “addiction” to...
