Economy & Business

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BRICS’ share in global economy overtakes G7 – Russian central bank

BRICS’ share in global economy overtakes G7 – Russian central...

The BRICS group now boasts 35% of global GDP in PPP terms, surpassing the G7 group,...

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More countries doubting SWIFT – Nabiullina  

More countries doubting SWIFT – Nabiullina  

The risks of using the Western SWIFT system have prompted countries to seek alternatives...

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Russia’s non-dollar settlements within BRICS skyrocketing – central bank chief

Russia’s non-dollar settlements within BRICS skyrocketing...

Russia’s national currency settlements within BRICS have surged to 85% in two years,...

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US facing ‘death spiral’ of swelling debt – Nassim Taleb

US facing ‘death spiral’ of swelling debt – Nassim Taleb

Nassim Taleb has called the US debt load, which has topped $34 trillion, a highly...

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Israel’s credit rating under threat

Israel’s credit rating under threat

Israel’s sovereign credit rating could be cut if the war with Hamas expands to other...

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Most Russian companies reporting staff shortages – recruiters

Most Russian companies reporting staff shortages – recruiters

About 86% of Russian businesses are short of workers in areas including transport,...

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EU pledges to spend billions on trade route bypassing Russia

EU pledges to spend billions on trade route bypassing Russia

Brussels is seeking to raise funds to create a transport corridor to Central Asia...

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Nuclear power generation to hit all-time high – IEA  

Nuclear power generation to hit all-time high – IEA  

Global nuclear power output is set to break records in 2025 as more countries move...

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EU living standards depend on Russia – deputy PM

EU living standards depend on Russia – deputy PM

The bloc’s spurning of Russian energy has triggered a slowdown of its economy Read...

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Debt-ridden Chinese developer Evergrande liquidated 

Debt-ridden Chinese developer Evergrande liquidated 

A Hong Kong court has ordered the liquidation of Chinese property giant Evergrande,...

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iPhone sales drop in China

iPhone sales drop in China

Apple’s smartphone sales in China dropped in the fourth quarter of last year amid...

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Debt could destroy US economy – JP Morgan boss

Debt could destroy US economy – JP Morgan boss

Mounting US debt is sending the US economy towards a cliff-edge, JPMorgan Chase...

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Russia’s planned gas pipeline to China hit by delay – Mongolian PM

Russia’s planned gas pipeline to China hit by delay – Mongolian...

The construction of a mega-pipeline linking Russia to China via Mongolia is expected...

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Trump planning massive tax on Chinese imports – media

Trump planning massive tax on Chinese imports – media

Donald Trump will impose a 60% tariff on all Chinese goods and escalate his trade...

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UK poverty deepens – charity

UK poverty deepens – charity

Levels of hardship have deepened for millions of people across the UK since the...

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EU state steps closer to banning Russians from buying property

EU state steps closer to banning Russians from buying property

Finland is preparing to prohibit Russian citizens from purchasing real estate in...