Economy & Business

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Power prices in Finland skyrocket – grid operator

Power prices in Finland skyrocket – grid operator

Electricity prices in Finland have soared to record highs, the country’s power grid...

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Iran looks to boost trade with Russia

Iran looks to boost trade with Russia

Trade turnover between Russia and Iran is expected to jump by the end of the year...

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Germany’s energy plan could cost more than it saves – media

Germany’s energy plan could cost more than it saves – media

Berlin’s directive to turn off outdoor advertising at night to save energy may prove...

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World’s largest rice exporter restricts shipments

World’s largest rice exporter restricts shipments

Major global rice exporter, India, has reportedly curbed shipments to provide domestic...

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Germany frustrated with neighbors over gas –  Bloomberg

Germany frustrated with neighbors over gas – Bloomberg

EU member states are reluctant to sign bilateral deals with Berlin to share gas...

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Ukraine faces winter food shortages – economist

Ukraine faces winter food shortages – economist

Ukraine may face food insecurity this winter while it’s focusing on bartering grain...

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Russian oil flows to EU via hidden maritime routes – Nikkei

Russian oil flows to EU via hidden maritime routes – Nikkei

Ships carrying Russian oil have been arriving at ports in Greece, Belgium, and elsewhere...

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UK to bail out struggling energy companies – Guardian

UK to bail out struggling energy companies – Guardian

The Bank of England has set up a fund to bail out UK energy companies that face...

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EU fails to agree Russian gas price cap – Hungary

EU fails to agree Russian gas price cap – Hungary

EU energy ministers did not reach a decision on setting a price cap on Russian gas,...

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Germany frustrated over neighbors’ gas-sharing reluctance –  Bloomberg

Germany frustrated over neighbors’ gas-sharing reluctance...

EU member states are reluctant to sign bilateral deals with Berlin to share gas...

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Major LNG supplier issues dire warning to EU

Major LNG supplier issues dire warning to EU

Greater worldwide LNG demand, including from China, could leave Europe short of...

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Ukraine faces winter food shortages  –  economist

Ukraine faces winter food shortages – economist

Ukraine may face food insecurity this winter while it’s focusing on bartering grain...

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EU pressured to introduce sweeping gas price cap – FT

EU pressured to introduce sweeping gas price cap – FT

A number of EU member states are pushing for a cap on gas prices for all suppliers,...

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EU to debate Russian gas price cap – Reuters

EU to debate Russian gas price cap – Reuters

The European Union will discuss the possibility of a price ceiling on imported Russian...

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Ukrainian grain going to EU instead of Africa – El Pais

Ukrainian grain going to EU instead of Africa – El Pais

Some 40% of the grain exported from Ukraine under the UN-brokered deal is shipped...

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Major Russian Economic Forum wraps up with billions in deals

Major Russian Economic Forum wraps up with billions in...

A record number of agreements have been sealed this week at Russia’s Eastern Economic...