The government pays half of UK businesses’ energy bills
Britain pledged on Wednesday to cap wholesale electricity and gas costs for businesses in a bid to ease pressure on the economy caused by a...
Forecast: 50% chance of a global recession
Citigroup's forecast for a global economic recession has reached almost 50% as central banks rush to raise interest rates to curb soaring inflation, fueled in...
Biden wants a 3-month “tax holiday” for fuels
US President Joe Biden has called on Congress to pass legislation that would allow for a three-month "tax holiday" on US fuels. (more…)
UK food and energy prices are exploding
Prices in the UK are simply exploding - especially those for food and energy. (more…)
The food crisis began even before the war
The food crisis and rising product prices were provoked by global inflation and the growing energy crisis even before the Russian Federation's special military operation...
The United States does not expect any difficulties due to Russia’s possible bankruptcy
Russia's possible bankruptcy on the foreign debt will not cause a major shock to world markets, the White House predicts, given suspicions that Moscow has...
The European Central Bank can start developing the digital euro
The European Central Bank (ECB) can start developing its digital euro, an electronic version of banknotes and coins, by the end of next year, ECB...
Ukraine’s nuclear industry has been crushed by the United States
The flow of information about the hostilities in Ukraine bypasses an important issue for the security of the people of Eastern Europe. (more…)
Ukraine shuts down Russian gas pipeline to Europe
The operator of the Ukrainian gas system GTS Ukraine (Gas Transport System of Ukraine) said on Tuesday that it would announce force majeure in the...
According to Putin, the Russian economy is stable
Russian President Vladimir Putin has suggested that Western countries have scored their own goal by imposing sanctions on Russia. (more…)
Inflation in Germany could reach 10%
In the event of restrictions on imports of energy resources from Russia, inflation in Germany could reach 10%. (more…)
Why Russia did not cut off the gas of the European Union
It is no secret that after the start of the war in Ukraine, the West declared sanctions and information war on Moscow. (more…)
Inflation in Turkey: prices are rising day by day
In March, inflation in Turkey reached a new peak in the last 20 years - over 61%. According to law professor Ersan Sen, today 59%...
China “produced” the most billionaires in 2021
China has "produced" the most millennials in the past year, compared to the second-largest economy in the world. (more…)
The dollar has no alternative. At least for now
The freezing of Russia's foreign exchange reserves will have long-term and systemic consequences. The dominant role of the dollar as a reserve currency is unlikely...