Economy & Business

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China can’t be ignored – JPMorgan

China can’t be ignored – JPMorgan

China’s influence on the global economy should not be underestimated, JPMorgan’s...

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EU to target luxury car influx into Russia – FT

EU to target luxury car influx into Russia – FT

The EU is preparing sanctions against Belarus to target the import of luxury cars...

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Most Americans report worsening finances – survey

Most Americans report worsening finances – survey

Inflation made the financial situation worse for 65% of households across the US...

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Putin orders American Express bank to liquidate

Putin orders American Express bank to liquidate

The US credit institution suspended all operations in Russia in 2022 due to Western...

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Cutting off Palestine from global banking system would be ‘catastrophic’ – FT

Cutting off Palestine from global banking system would...

The decision would paralyze the Palestinian Authority’s economy, according to a...

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Davos boss quits – media

Davos boss quits – media

Klaus Schwab, the founder of ‘Davos’ World Economic Forum, has reportedly quit and...

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Gold price hits record high after Raisi death

Gold price hits record high after Raisi death

Gold has rallied in value as investors considered the potential implications of...

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ECB rushing banks to quit Russia – FT 

ECB rushing banks to quit Russia – FT 

The EU regulator has demanded that Eurozone banks still in Russia should speed up...

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China offloads record amount of dollar assets – data

China offloads record amount of dollar assets – data

Beijing sold $53.3 billion worth of US Treasuries in the first quarter, data has...

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Russian economic growth hits 5.4%

Russian economic growth hits 5.4%

The Russian economy grew above expectations in the first quarter, preliminary statistics...

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Study finds which countries are most vulnerable to sanctions

Study finds which countries are most vulnerable to sanctions

The US, Russian and Chinese economies could weather a full trade blockade, while...

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Chinese electric cars better than American – Putin

Chinese electric cars better than American – Putin

US authorities have imposed tariffs on Chinese electric cars to stifle competition,...

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Decoupling from China may be ‘impossible’ – survey

Decoupling from China may be ‘impossible’ – survey

Global companies could encounter difficulties in their attempts to diversify away...

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Share of ruble in Russia’s European trade hits new record

Share of ruble in Russia’s European trade hits new record

The currency has become a major player in the country’s foreign trade with the region...

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IMF warns West against seizing Russia’s money

IMF warns West against seizing Russia’s money

Confiscation should be backed with a sufficient legal basis, according to the International...

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90% of Russia-China transactions in national currencies – Putin

90% of Russia-China transactions in national currencies...

Most payments between Russia and China are made in national currencies, which has...