Categories Business Ukraine blocks Russian gas flow to Europe Posted on Posted onMay 11, 2022May 11, 2022By Editor European gas prices have spiked after transit via a key entry point was stopped. … Read More >Ukraine blocks Russian gas flow to Europe
Categories Business EU’s oil embargo may benefit Russia – Swiss analyst Posted on Posted onMay 11, 2022May 11, 2022By Editor The EU ban on Russian oil is expected to further inflate oil prices, increasing Moscow’s oil revenues. … Read More >EU’s oil embargo may benefit Russia – Swiss analyst
Categories Business Russia defies predictions of collapse – media Posted on Posted onMay 10, 2022May 10, 2022By Editor Oil revenue contributed to “surprisingly resilient” economy, says the British weekly The Economist. … Read More >Russia defies predictions of collapse – media
Categories Business Turkish inflation out of control Posted on Posted onMay 10, 2022May 10, 2022By Editor The 70% spike is attributed to rising energy prices. … Read More >Turkish inflation out of control
Categories Business European auto giant will stick to coal for now Posted on Posted onMay 10, 2022May 10, 2022By Editor Volkswagen will prolong the use of the fossil fuel to power its huge manufacturing plant. … Read More >European auto giant will stick to coal for now
Categories Business Europe’s biggest economy faces wave of bankruptcies — banking chief Posted on Posted onMay 10, 2022May 10, 2022By Editor Aggressive sanctions against Russia are sending financial shockwaves through Germany. … Read More >Europe’s biggest economy faces wave of bankruptcies — banking chief
Categories Business US stocks see worst day since 2020 Posted on Posted onMay 8, 2022May 8, 2022By Editor The Dow and the Nasdaq tumbled amid a broad sell-off after the Fed hiked key rate. … Read More >US stocks see worst day since 2020
Categories Business German industry reels from anti-Russian sanctions Posted on Posted onMay 8, 2022May 8, 2022By Editor Production decline in March exceeded analysts’ expectations. … Read More >German industry reels from anti-Russian sanctions
Categories Business Global energy watchdog warns against Russia sanctions Posted on Posted onMay 8, 2022May 8, 2022By Editor The crisis will have huge consequences for the global economy, IEA says. … Read More >Global energy watchdog warns against Russia sanctions
Categories Business British shoppers hit by ‘shrinkflation’ Posted on Posted onMay 7, 2022May 7, 2022By Editor Rising commodity, energy, and labor costs have been forcing companies in the UK to downsize their products. … Read More >British shoppers hit by ‘shrinkflation’