Economy & Business

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Soaring interest rates take toll on UK property market – Bloomberg

Soaring interest rates take toll on UK property market...

The prospect of higher interest rates is forcing UK banks to withdraw mortgage offers...

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IMF blasts UK over taxes

IMF blasts UK over taxes

The IMF has urged the UK to reconsider huge tax cuts due to high inflation, while...

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EU may soften anti-Russia sanctions – Politico

EU may soften anti-Russia sanctions – Politico

The European Union is planning to amend its sanctions on Russia by allowing shipments...

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Turkish state banks exit Russian payment system – Bloomberg

Turkish state banks exit Russian payment system – Bloomberg

Turkish state banks will leave the Russian payment system Mir under the threat of...

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Pakistan eyes ruble trade with Russia – TASS

Pakistan eyes ruble trade with Russia – TASS

Islamabad is considering the use of Russian rubles and Chinese yuan in trade with...

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Fresh recession warning issued for Germany

Fresh recession warning issued for Germany

Germany will suffer in the global economic slowdown next year, with the economy...

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Western Europe has enough gas for winter – Bloomberg

Western Europe has enough gas for winter – Bloomberg

Researchers at BloombergNEF predict Europe’s increased purchases of LNG will help...

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Lawmakers push White House to screen US investment in China

Lawmakers push White House to screen US investment in China

US congressional leaders want the government to review American investments in China,...

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Berlin may extend nuclear power use — minister

Berlin may extend nuclear power use — minister

Economy Minister Robert Habeck says Germany may have to keep using two of its remaining...

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Russia set to reap bumper harvest – Putin

Russia set to reap bumper harvest – Putin

Russia is on track to have its largest ever grain harvest this year, according to...

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China makes Russian energy pledge

China makes Russian energy pledge

China will pursue a policy of openness and keep purchasing goods from other states,...

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Russian gas pipeline suffers unprecedented damage – operator

Russian gas pipeline suffers unprecedented damage – operator

Three strings of the Nord Stream pipeline suffered simultaneous unprecedented destruction,...

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Europe to make it through the winter without Russian gas — Bloomberg

Europe to make it through the winter without Russian gas...

Researchers at BloombergNEF predict Europe’s increased purchases of LNG will help...

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Russian gas pipelines could have been sabotaged – Tagesspiegel

Russian gas pipelines could have been sabotaged – Tagesspiegel

A German outlet has reported that Berlin is suspecting a “targeted attack” on the...

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Eurozone economic growth may drop to zero – ECB

Eurozone economic growth may drop to zero – ECB

Eurozone economic growth is slowing and may wind down to zero, the ECB vice president...

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Germany secures just one tanker of LNG from UAE – media

Germany secures just one tanker of LNG from UAE – media

German utility has signed a deal for an LNG shipment with the UAE, media report,...