Business News
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27.05.20230 111
Why the EU’s economic engine is breaking down
The energy-dependent German economy has been in decline since losing cheap Russian oil and gas © Getty Images / picture alliance…
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27.05.20230 105
US treasury secretary revises default deadline
Janet Yellen says the government has a few more days to argue over the debt ceiling before it runs out…
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26.05.20230 90
Putin wants entrepreneurs to look beyond domestic market
The president vowed that Russia won’t reward firms opting to leave the country with excess capital © Getty Images / Mikhail…
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26.05.20230 111
Top banker points to ‘shameful’ imbalance in Russia’s GDP
The country’s small- and medium-sized businesses make up just one-fifth of the economy © Sputnik/Pavel Lisitsyn The head of Sber,…
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26.05.20230 99
Share of dollar in global reserves lowest in 28 years – IMF
The freezing of Russia’s forex holdings has accelerated de-dollarization around the world, experts say © Getty Images / Oleksandr Shchus The…
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Kazakhstan’s energy exports are heavily dependent on transit through the sanctioned country, an envoy has said © Getty Images / ekipaj…
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26.05.20230 99
Goldman Sachs predicts when US will run out of cash
The warning comes as debt-ceiling talks stall in Washington United States Department of the Treasury building is seen in Washington,…
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26.05.20230 107
EU gas consumption to fall sharply – FT
Brussels claims it has decreased energy reliance on Russia © Getty Images / Anton Zubchevskyi Demand for gas in the European…
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26.05.20230 102
US debt a pyramid scheme – Russia’s top MP
State Duma Chairman Vyacheslav Volodin accuses Washington of defrauding other nations © Getty Images/Diy13 Senior Russian lawmaker Vyacheslav Volodin has…
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26.05.20230 117
Eurozone factory activity slows – S&P Global
The key PMI index has plunged to a 36-month low, data shows © Getty Images / Marc Garanger Manufacturing activity across…