Economy & Business
Asia-to-Europe shipping costs up 400% – EU commissioner
EU Economy Commissioner Paolo Gentiloni has said that the cost of transferring goods...
EU plagued by new hidden inflation – MP
The quality of goods is suffering across the EU due to ‘skimpflation,’ European...
West could upend global financial system – Russian central...
The dollar and euro could lose their credibility and status of reserve currencies...
Russia keeps interest rate on hold
The Bank of Russia left its key interest rate unchanged at 16% on Friday, saying...
Euroclear blasts G7 over plan to seize Russian money
The plan of using Russia’s immobilized assets as collateral to raise debt for the...
EU bought almost €30bn worth of Russian energy last year...
EU purchases of Russian oil, petroleum products, and gas amounted to over €29 billion...
Brussels will not extend gas transit contract with Moscow...
The EU intends to further diversify its energy supplies away from Russia, according...
UK slips into recession
The British economy contracted in the final two quarters of last year, according...
Ukraine brings criminal charges against Russian tycoon
The Security Service of Ukraine says it has filed charges in absentia against businessman...
Sanctioning Chinese companies that cooperate with Russia...
Beijing has expressed its firm opposition to “illegal sanctions” on Chinese companies...
US spending $7mn a year on seized Russian yacht
Maintenance of a superyacht seized by the US from a sanctioned Russian billionaire...
Number of Western firms that left Russia revealed
Most foreign companies are still operating in the country despite the Western pressure,...
PM of EU state says complaining has made the country poorer
Estonian Prime Minister Kaja Kallas claims an excessive emphasis on grievances by...
IMF issues warning about confiscating frozen Russian assets
The seizure of Russia’s immobilized reserves should be completely legal, the IMF’s...
‘Sanctions are working’: Western predictions of Russia’s...
The West’s sanctions have failed to bring down the Russian economy despite many...
Israel blasts Moody’s downgrade
Moody’s decision to lower the rating on Israel’s debt does not reflect the state...
