Responding to oil price caps, Russia to send more to Asia
Before sending tens of thousands of troops into Ukraine in February, about half of Russia's oil and petroleum product exports went to Europe...
Tag : Russia-Ukraine crisis
Despite Russia-Ukraine war, staple food prices down
Until recently, the world's largest and fifth-largest exporters of wheat, as well as the two greatest exporters of sunflower oil, were Russia and Ukraine...
Zimbabwe increases benchmark rate: Citizens to face inflation’s ripple effect?
Of late, Zimbabwe has witnessed an increase in the prices of imported food, petrol, fertilizer, and other commodities....
Oil & gas: What makes this industry most profitable
According to IMF, the fossil fuel industry also benefits from subsidies of USD 16 billion a day....
Ukraine war impact: G7 proposes price cap on Russian oil
This year's G7 Summit was held at the castle resort in the Bavarian Alps and was dominated by the war in Ukraine and its impact on the economy...
Europe told to buckle-up as Russia set to turn off gas exports
The development comes after Europe was warned by the head of the International Energy Agency that Russia is planning to cut off the gas exports....
Russia defaults on foreign debt, the first time since 1918
Russia has already missed its deadline on Sunday night when it had to meet the 30-day grace period....
G7 bans Russian gold following Ukraine war
British PM Boris Johnson said that Vladimir Putin is unnecessarily spending his resources on this pointless war against Ukraine....
Recession may hit America by 2024
Rising interest rates induced a recession six out of seven times in American history....