Economy & Business

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‘Doctor Doom’ predicts ‘long and ugly’ recession

‘Doctor Doom’ predicts ‘long and ugly’ recession

The US and the global economy face a severe recession at the end of this year, according...

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Germany will run out of gas by spring – economy minister

Germany will run out of gas by spring – economy minister

Germany will run out of gas after winter despite storage facilities being 90% full,...

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Russian nickel giant plans bond issue — media

Russian nickel giant plans bond issue — media

Russian mining giant Norilsk Nickel is reportedly planning to issue dollar and ruble...

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European country makes Russian gas payment

European country makes Russian gas payment

Moldova has paid Gazprom in full for August deliveries of Russian natural gas to...

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Russia mulls windfall tax on energy exporters

Russia mulls windfall tax on energy exporters

Russia may impose a windfall tax on energy firms, bringing an extra $50 billion...

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US to release more crude from reserves

US to release more crude from reserves

The US Department of Energy said it will sell an additional 10 million barrels of...

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Russia to shut China gas pipeline

Russia to shut China gas pipeline

Russia’s Gazprom will halt the operation of the Power of Siberia pipeline to China...

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Middle Eastern state plans major Russian gas purchase

Middle Eastern state plans major Russian gas purchase

Tehran is going to purchase nine million cubic meters of Russian gas daily, according...

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Heineken wants to replace Coca Cola in Russia – media

Heineken wants to replace Coca Cola in Russia – media

Heineken Russia has reportedly filed a trademark application for new beverages that...

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Russia to close another major gas pipeline

Russia to close another major gas pipeline

Russia’s Gazprom will halt the operation of the Power of Siberia pipeline to China...

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EU bread prices soaring

EU bread prices soaring

Bread prices in the EU hit record highs in August, Eurostat reports, marking an...

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Surge in German imports from Russia – trade mission

Surge in German imports from Russia – trade mission

Germany has been increasing imports from Russia despite EU sanctions, RIA Novosti...

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Eurozone recession close to inevitable — Bloomberg experts

Eurozone recession close to inevitable — Bloomberg experts

Analysts polled by Bloomberg assess the risk of recession in the euro area at 80%...

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Bloomberg experts expect Eurozone recession

Bloomberg experts expect Eurozone recession

Analysts polled by Bloomberg assess the risk of recession in the euro area at 80%...

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Turkish banks suspend use of Russian payment system

Turkish banks suspend use of Russian payment system

Two Turkish banks have announced the suspension of the use of Russia’s Mir payment...

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Russia offers Africa free fertilizer

Russia offers Africa free fertilizer

Russia’s major fertilizer producer Uralchem has expressed readiness to supply African...