Economy & Business
Germans cut down on gas consumption – industry body
Germans consumed nearly 15% less natural gas in the first half of 2022 year-on-year,...
German industry at risk as Rhine dries up – AP
Extremely low water levels on the Rhine River are impacting freight and ferries...
UK food inflation hits new peak – study
UK food prices spiked at the highest rate since 2008, a study by consulting company...
EU electricity costs double
The cost of electricity in Europe has more than doubled since the beginning of summer,...
Russia circumvents Western product deficit
The volume of parallel imports to Russia may reach about $16 billion by the end...
Russia offers trade partners to join its SWIFT alternative
Russia has invited Shanghai Cooperation Organization members to join its financial...
Afghanistan seeks barter trade with Russia – media
Afghanistan reportedly intends to buy a million barrels of Russian crude and discuss...
Wall Street re-launches Russian bond trading – Reuters
Major US banks have restarted facilitating trades in Russian debt after a green...
Germany’s business model is broken – vice chancellor
Berlin has officially abandoned the German business model that relied on Russian...
EU country’s central bank hires fortune teller – reports
The National Bank of Romania has hired famed astrologer and fortune teller Minerva...
Cost of keeping Britons out of energy poverty revealed
An additional £12 billion is needed to keep support for UK energy bills at the same...
Billionaire sues Russian banker after 'thief' claim
Businessman Oleg Deripaska has filed a lawsuit against fellow Russian billionaire...
‘Something worse’ than recession coming – JPMorgan
JPMorgan has warned of risks of a “harder recession” for the US economy Read Full...
Cost of Germany’s new gas tax revealed – media
Germany’s new gas tax will reportedly cost end-consumers up to €600 annually, Reuters...
EU bank blocks ruble payments to Russia’s Kaliningrad
Lithuanian Siauliai Bank, which provides banking service to Kaliningrad, has stopped...
Bloomberg warns of EU recession
The Eurozone is heading into a recession as a result of the worsening energy crisis,...
