Economy & Business
Foreign firms freeze work on Russia’s Arctic gas project...
French, Chinese, and Japanese firms have halted participation in Arctic LNG 2 due...
Russia to ignore Western sovereign credit ratings
Moscow will not take Western credit ratings into account when lending funds to other...
Russia may switch to rubles in trade with Italy
Italy and Russia may start using rubles in trade settlements by February 2024, the...
Confiscating Russian assets would be ‘cataclysmic’ for...
The dollar’s standing as a reserve currency would be shattered if the West confiscates...
Biden is destroying the dollar – Russia’s top MP
Washington is depriving itself of its last advantage by using the dollar as a political...
Russian central bank reveals the most ‘painful’ sanctions
Cross-border transactions and the freezing of Russian assets remain the most acute...
NATO state's Russian oil imports hit historic high
Türkiye has been boosting purchases of discounted crude and refined products from...
Red Sea crisis runs risks of new inflation
Extended disruptions of shipping via the Suez Canal are expected to send prices...
Russia short 5 million workers – report
The Russian labor market is facing a shortage of skilled workers, which an economist...
Welsh shops and pubs facing higher taxes
Wales has announced a raft of cuts to public services to cope with surging inflation...
Russia boosting oil exports to Asia – Transneft
This year, Russia exported a record amount of crude to China and India, Transneft’s...
German industry warns coal phase-out may take a while
Berlin’s plan to phase out coal-fired power plants by 2030 are likely to fail, lobby...
Oil producers stick with OPEC despite Angolan exit
Iraq, Nigeria, and Congo have affirmed their commitments to OPEC after Angola quit...
Russian bank to buy out French primary shareholder
Russian lender Rosbank received permission to buy out local assets that belong to...
Russia rules the waves: While the West is suffering losses...
Attacks on ships navigating the vital Red Sea route could reshape the balance of...
Russian oil exports higher than before Ukraine conflict...
Russia’s oil exports are higher this year than before the start of the military...
