The Chinese currency has outperformed the greenback by volume of trading on the Moscow Exchange for the first time on record The Chinese yuan has overtaken...
The great stagflationary debt crisis will hit markets this year, the famed economist warns The world is facing the “perfect storm” of high inflation, rising interest...
Germany and Italy will face a downturn by the end of the year despite relief measures, the rating agency predicts Germany and Italy will slide into...
The cost of food will surge again this month in the Eurozone’s second-largest economy Inflation in France will accelerate to reach 10% in March but the...
Brussels wants to ensure compliance with existing penalties instead of adding new ones, diplomats told the news outlet Photo: Brussels The EU will shift from imposing...
Activity in China’s manufacturing sector accelerated at its fastest pace in more than a decade in February due to a production rebound from Covid restrictions, the...
Lithuania has called the latest European Union sanctions a “compromise” and wants to expand them Lithuania will keep pressing Brussels to place restrictions on Russian atomic...
An agreement on the Northern Ireland protocol has reportedly been reached following high-level talks Britain and the EU have signed off an agreement on a post-Brexit...
The Dow and S&P experienced their steepest declines in two months amid a broader stock market selloff US stock markets suffered extended losses on Tuesday, as...
Kazakh oil will start transiting through Russian territory to Germany via the Druzhba pipeline in the coming days as Berlin seeks to replace Moscow’s crude supplies,...
Eskom, the country’s largest producer of electricity, has reduced production to an unprecedented level South Africa’s state-owned electricity provider, Eskom, was forced to further slash power...
The Russian president says Moscow will cooperate with its partners to develop a safe system for international settlements The US and other Western currencies will inevitably...
Almost 90% of those surveyed have seen soaring demand, according to the Independent Food Aid Network The UK’s food banks are being overwhelmed by an “unprecedented”...
The world’s biggest food corporation, Nestle, has said prices for staple items would continue to grow during 2023, after more than a year of price increases...
Russia’s SPFS interbank messaging system is expanding at an unprecedented pace and now includes 469 participants, according to Alla Bakina, head of the Central Bank’s national...
Electricite de France (EDF) has reported a record single-year loss of €17.9 billion (around $19 billion) for 2022, pushing the power giant’s overall debts to €64.5...
A government official calls for price intervention on essentials, saying “families can’t wait” The Spanish social affairs minister, Ione Belarra, has called on the government to...
Reserves in underground storage are expected to drop to 40 billion cubic meters this winter, according to one forecast Emergency supplies of natural gas in European...
China, India and Türkiye have boosted imports to partially offset a drop in Russian crude shipments to the EU, a survey has shown Russian oil exports...
The billionaire is urging “civilizational diversity” as a hedge against total global collapse Any attempt to create a single world government is a cause for concern,...
