Economy & Business
Dollar outpaces euro in global payments
The US dollar is outpacing the euro in global deals amid the EU crisis, according...
EU farmers warn of food shortages – Reuters
European farmers have warned of production shortages amid the worsening energy crisis,...
Billionaire investor warns ‘worst is yet to come’ for US...
Extensive money-printing has resulted in record high inflation in the US, and the...
Turkey mulls barter trade with Russia – media
Turkey is considering establishing barter trade with Russia amid sanctions pressure,...
Russia’s SWIFT alternative spreads at record pace – central...
Russia’s SPFS interbank messaging system has expanded at record pace this year,...
Airline ticket prices forecast to climb higher
Airline ticket prices are expected to rise further due to higher jet fuel costs...
US oil reserves at lowest level in decades – media
US strategic oil reserves have shrunk to their lowest level in nearly 40 years,...
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,...
UK sinks deeper into debt
The UK government’s debt interest payable rose to the highest level on record in...
Dow plunges to nearly two-year low
US stock indices have plummeted as the Federal Reserve continues to hike rates even...
German producers warn of food shortages – Welt
German food manufacturers have warned they may soon be forced to halt production...
EU risks ‘wild west’ scenario – energy watchdog
The energy crisis could force EU nations to abandon solidarity for energy security,...
French firewood prices soaring – media
The price of firewood in France is soaring due to heightened demand amid the energy...
Major automaker to shut down plant in Russia
Toyota will be closing its plant in Russia, the Ministry of Industry and Trade has...
UK consumer confidence hits record low – study
Consumer confidence in Britain hit a record low this month as the cost-of-living...
European country hikes gas prices – Reuters
Soaring gas prices in Moldova will rise further by more than 27% next month, the...