Economy & Business

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China calls Nord Stream situation ‘tragic calamity’

China calls Nord Stream situation ‘tragic calamity’

China warns of dire consequences for the energy market following the Nord Stream...

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Europe ‘indefinitely deprived’ of key gas supply route – Gazprom

Europe ‘indefinitely deprived’ of key gas supply route...

Gazprom has commented on the damage done to Europe’s most important gas connector...

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World Bank makes prediction on Russian energy replacement

World Bank makes prediction on Russian energy replacement

The president of the World Bank believes diversification away from Russian energy...

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Beijing orders state banks to get ready for massive dollar dump – Reuters

Beijing orders state banks to get ready for massive dollar...

China has reportedly told state banks to be ready to sell dollars and buy yuan in...

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Putin slams Western money printing

Putin slams Western money printing

Western governments cannot fulfill the basic needs of people by printing money,...

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Washington sanctions Russian central bank chief

Washington sanctions Russian central bank chief

The Russian central bank chief is now blacklisted by the US as Washington has expanded...

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EU ready to hit Russia with fresh sanctions — Reuters

EU ready to hit Russia with fresh sanctions — Reuters

EU countries have reached a provisional accord on an eighth package of anti-Russian...

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EU ready to hit Russia with fresh sanctions — media

EU ready to hit Russia with fresh sanctions — media

EU countries have reached a provisional accord on an eighth package of anti-Russian...

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EU approves emergency measures to curb prices

EU approves emergency measures to curb prices

The EU has approved an emergency package of measures to counter the worsening energy...

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Ruble surges against euro and dollar

Ruble surges against euro and dollar

The euro and US dollar both tanked on the Moscow Exchange, as former Ukrainian regions...

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Eurozone records first ever double-digit inflation

Eurozone records first ever double-digit inflation

Eurostat reports inflation in the euro area surged 10% from a year ago in September,...

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Ruble rises against euro and dollar

Ruble rises against euro and dollar

The euro and US dollar both tanked on the Moscow Exchange, as former Ukrainian regions...

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European gas prices soar on Russian pipeline news

European gas prices soar on Russian pipeline news

Gas prices in Europe have surged amid supply uncertainty after TurkStream’s license...

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Russia resumes gas supplies to China

Russia resumes gas supplies to China

Russian gas supplies to China via the Power of Siberia route have been resumed following...

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Sluggish global demand poses major threat to trade – Beijing

Sluggish global demand poses major threat to trade – Beijing

Overseas demand for Chinese goods is weakening as the global economy slows, a trade...

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Top economists issue grim prediction for Germany

Top economists issue grim prediction for Germany

Four leading German economic institutes have almost halved their spring economic...