Economy & Business

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Nepal offers to trade in national currencies with Russia

Nepal offers to trade in national currencies with Russia

Moscow and Kathmandu could create a mechanism for mutual settlements in national...

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‘Much work ahead’ to lift sanctions on Russian grain exports – Lavrov

‘Much work ahead’ to lift sanctions on Russian grain exports...

The UN has assured Moscow that steps are being taken to lift restrictions blocking...

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Russia’s forex reserves maintain growth

Russia’s forex reserves maintain growth

Russia's foreign currency reserves increased by $300 million in the week ending...

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Dollar outpaces euro in global payments

Dollar outpaces euro in global payments

The US dollar is outpacing the euro in global deals amid the EU crisis, according...

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EU farmers warn of food shortages – Reuters

EU farmers warn of food shortages – Reuters

European farmers have warned of production shortages amid the worsening energy crisis,...

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Billionaire investor warns ‘worst is yet to come’ for US economy

Billionaire investor warns ‘worst is yet to come’ for US...

Extensive money-printing has resulted in record high inflation in the US, and the...

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Turkey mulls barter trade with Russia – media

Turkey mulls barter trade with Russia – media

Turkey is considering establishing barter trade with Russia amid sanctions pressure,...

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Russia’s SWIFT alternative spreads at record pace – central bank

Russia’s SWIFT alternative spreads at record pace – central...

Russia’s SPFS interbank messaging system has expanded at record pace this year,...

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Airline ticket prices forecast to climb higher

Airline ticket prices forecast to climb higher

Airline ticket prices are expected to rise further due to higher jet fuel costs...

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US oil reserves at lowest level in decades – media

US oil reserves at lowest level in decades – media

US strategic oil reserves have shrunk to their lowest level in nearly 40 years,...

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China won’t run out of coal for 50 years – data

China won’t run out of coal for 50 years – data

China’s coal reserves will last for 50 years and oil deposits for at least 18 years,...

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UK sinks deeper into debt

UK sinks deeper into debt

The UK government’s debt interest payable rose to the highest level on record in...

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Dow plunges to nearly two-year low

Dow plunges to nearly two-year low

US stock indices have plummeted as the Federal Reserve continues to hike rates even...

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German producers warn of food shortages – Welt

German producers warn of food shortages – Welt

German food manufacturers have warned they may soon be forced to halt production...

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EU risks ‘wild west’ scenario – energy watchdog

EU risks ‘wild west’ scenario – energy watchdog

The energy crisis could force EU nations to abandon solidarity for energy security,...

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French firewood prices soaring – media

French firewood prices soaring – media

The price of firewood in France is soaring due to heightened demand amid the energy...