Economy & Business

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IMF weighs possibility of confiscating Russian assets

IMF weighs possibility of confiscating Russian assets

The unlawful seizure of immobilized Russian reserves could undermine the global...

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EU boosts gas purchases from Russia – Reuters

EU boosts gas purchases from Russia – Reuters

The share of Russian gas in EU imports jumped to 15% in 2023, largely due to increased...

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China’s ‘incredible’ growth threatens American and EU economies – US trade chief

China’s ‘incredible’ growth threatens American and EU economies...

Katherine Tai has urged more China tariffs for a “market dynamic that is not playing...

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‘Zelensky Vodka’ project fails

‘Zelensky Vodka’ project fails

The producer of a vodka named after Ukraine’s President Vladimir Zelensky has gone...

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French supermarket giant suspected of major tax evasion in Russia – RBK

French supermarket giant suspected of major tax evasion...

Federal Tax Service may additionally slap retailer Auchan with a nearly $2 million...

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Two more Moscow allies stop accepting Russian payment card

Two more Moscow allies stop accepting Russian payment card

Risk of secondary sanctions by the US forces banks in Kyrgyzstan and Kazakhstan...

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Russia’s foreign debt fell by nearly 20% in 2023

Russia’s foreign debt fell by nearly 20% in 2023

Russia’s foreign debt fell by nearly 20% in 2023, Russia’s central bank reports,...

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Oil prices hit highest level since 2022

Oil prices hit highest level since 2022

Oil prices peaked at $89 on Tuesday as Iran threatened retaliation against Israel...

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Russian oil heading to India despite sanctions – Bloomberg

Russian oil heading to India despite sanctions – Bloomberg

Cargo vessels carrying Russia’s Sokol-grade crude oil continue to be shipped despite...

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World Bank issues Ukraine bankruptcy warning

World Bank issues Ukraine bankruptcy warning

Ukraine could be broke as early as next year unless Western countries agree to write...

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Russians cooling on Dubai – Bloomberg

Russians cooling on Dubai – Bloomberg

Russians are slashing investments in Dubai due to a rise in local prices and tighter...

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America’s top 1% get $2 trillion richer

America’s top 1% get $2 trillion richer

The combined wealth of the top 1% of Americans has hit a record high, reaching $44.6...

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Sam Bankman-Fried sentenced to 25 years in prison

Sam Bankman-Fried sentenced to 25 years in prison

The disgraced FTX founder “orchestrated one of the largest financial frauds in history,”...

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Russia exits have cost Western firms over $100 billion – Reuters

Russia exits have cost Western firms over $100 billion...

Western companies that left Russia amid Ukraine-related sanctions have suffered...

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China’s electric tech advances ‘unfair competition’ – US Treasury

China’s electric tech advances ‘unfair competition’ – US...

US Treasury Secretary Janet Yellen has accused China of producing too many electric...

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Blackrock boss predicts global ‘retirement crisis’

Blackrock boss predicts global ‘retirement crisis’

People will need to retire later because they are living longer and will not have...