Economy & Business

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Gazprom makes EU gas price prediction

Gazprom makes EU gas price prediction

Russian energy major Gazprom says European gas prices could jump by 60% this winter...

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Germans cut down on gas consumption – industry body

Germans cut down on gas consumption – industry body

Germans consumed nearly 15% less natural gas in the first half of 2022 year-on-year,...

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German industry at risk as Rhine dries up – AP

German industry at risk as Rhine dries up – AP

Extremely low water levels on the Rhine River are impacting freight and ferries...

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UK food inflation hits new peak – study

UK food inflation hits new peak – study

UK food prices spiked at the highest rate since 2008, a study by consulting company...

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EU electricity costs double

EU electricity costs double

The cost of electricity in Europe has more than doubled since the beginning of summer,...

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Russia circumvents Western product deficit

Russia circumvents Western product deficit

The volume of parallel imports to Russia may reach about $16 billion by the end...

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Russia offers trade partners to join its SWIFT alternative

Russia offers trade partners to join its SWIFT alternative

Russia has invited Shanghai Cooperation Organization members to join its financial...

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Afghanistan seeks barter trade with Russia – media

Afghanistan seeks barter trade with Russia – media

Afghanistan reportedly intends to buy a million barrels of Russian crude and discuss...

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Wall Street re-launches Russian bond trading – Reuters

Wall Street re-launches Russian bond trading – Reuters

Major US banks have restarted facilitating trades in Russian debt after a green...

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Germany’s business model is broken – vice chancellor

Germany’s business model is broken – vice chancellor

Berlin has officially abandoned the German business model that relied on Russian...

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EU country’s central bank hires fortune teller – reports

EU country’s central bank hires fortune teller – reports

The National Bank of Romania has hired famed astrologer and fortune teller Minerva...

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Cost of keeping Britons out of energy poverty revealed

Cost of keeping Britons out of energy poverty revealed

An additional £12 billion is needed to keep support for UK energy bills at the same...

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Billionaire sues Russian banker after 'thief' claim

Billionaire sues Russian banker after 'thief' claim

Businessman Oleg Deripaska has filed a lawsuit against fellow Russian billionaire...

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‘Something worse’ than recession coming – JPMorgan

‘Something worse’ than recession coming – JPMorgan

JPMorgan has warned of risks of a “harder recession” for the US economy Read Full...

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Cost of Germany’s new gas tax revealed – media

Cost of Germany’s new gas tax revealed – media

Germany’s new gas tax will reportedly cost end-consumers up to €600 annually, Reuters...

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EU bank blocks ruble payments to Russia’s Kaliningrad

EU bank blocks ruble payments to Russia’s Kaliningrad

Lithuanian Siauliai Bank, which provides banking service to Kaliningrad, has stopped...