Economy & Business

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Russian central bank estimates how long sanctions will last

Russian central bank estimates how long sanctions will...

The West will keep its sanctions policy against Moscow unchanged for at least four...

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Chinese investment in US collapsing – FT

Chinese investment in US collapsing – FT

Worsening trade relations between Washington and Beijing have diminished Chinese...

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Eurozone risks recession – S&P Global data

Eurozone risks recession – S&P Global data

The worsening economic activity across the euro area has reignited fears of a downturn,...

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Over 100 British firms admit violating Russia sanctions – FT 

Over 100 British firms admit violating Russia sanctions...

UK companies have admitted breaching sanctions on Russia in a bid to mitigate government...

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UK probably in recession – Bloomberg

UK probably in recession – Bloomberg

The British economy is likely already in a mild recession amid soaring interest...

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West’s Russian oil price cap not working – WSJ

West’s Russian oil price cap not working – WSJ

Russia has become increasingly adept at sidestepping the G7 and EU price cap on...

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Russia accounts for one-third of world diamond output – data

Russia accounts for one-third of world diamond output –...

Russia accounted for over 35% of global rough diamond production for the first time...

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Nuclear dependence on Russia a ‘critical threat’ – US official

Nuclear dependence on Russia a ‘critical threat’ – US official

A reliance on Russian nuclear fuel poses a “critical” threat to US security, a senior...

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No more dirty money for Swiss banks – what happened?

No more dirty money for Swiss banks – what happened?

Swiss banking faces existential crisis as global pressures erode secrecy and trust,...

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Central banks on record gold-buying binge – industry group

Central banks on record gold-buying binge – industry group

Levels of bullion purchases by central banks were the highest on record in January-September...

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Germany may tax super-rich to battle crisis – media

Germany may tax super-rich to battle crisis – media

Chancellor Olaf Scholz’s Social Democratic Party has drafted a proposal aimed at...

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Sanctions a sign of Western weakness – Moscow

Sanctions a sign of Western weakness – Moscow

Western states use economic sanctions to stay in power and halt the development...

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Russia plans hydrogen exports to Asia – Rosatom

Russia plans hydrogen exports to Asia – Rosatom

Supplies of Russian hydrogen energy to the global market may be launched by 2030,...

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BRICS trade surges ahead of enlargement – Bloomberg

BRICS trade surges ahead of enlargement – Bloomberg

Trade turnover among the BRICS’ five current members soared 56% from 2017 to 2022...

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China and Russia step up work on new gas route – CNPC

China and Russia step up work on new gas route – CNPC

Moscow and Beijing have been working on a new route to boost gas supplies from Russia’s...

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Russia retailers get $44 billion September boost

Russia retailers get $44 billion September boost

Russian consumer demand has been on the rise, facilitated by growth in real wages,...