Economy & Business

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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...

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Major automaker to shut down plant in Russia

Major automaker to shut down plant in Russia

Toyota will be closing its plant in Russia, the Ministry of Industry and Trade has...

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UK consumer confidence hits record low – study

UK consumer confidence hits record low – study

Consumer confidence in Britain hit a record low this month as the cost-of-living...

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European country hikes gas prices – Reuters

European country hikes gas prices – Reuters

Soaring gas prices in Moldova will rise further by more than 27% next month, the...