FeaturedOil & GasUkraine war impact: G7 proposes price cap on Russian oilWebAdminJuly 7, 2022July 8, 2022 by WebAdminJuly 7, 2022July 8, 2022 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... Read more
EconomyFeaturedIran, Argentina submit applications to join BRICSIFM CorrespondentJune 30, 2022June 30, 2022 by IFM CorrespondentJune 30, 2022June 30, 2022 It was Russian President Vladimir Putin’s first meeting with the leaders of major economies since the beginning of the invasion of Ukraine.... Read more
EconomyFeaturedRussia defaults on foreign debt, the first time since 1918IFM CorrespondentJune 29, 2022June 29, 2022 by IFM CorrespondentJune 29, 2022June 29, 2022 Russia has already missed its deadline on Sunday night when it had to meet the 30-day grace period.... Read more
Banking and FinanceFeaturedPutin holds assets worth USD 4.5 bn: ReportIFM CorrespondentJune 23, 2022June 23, 2022 by IFM CorrespondentJune 23, 2022June 23, 2022 Vladimir Putin has often been criticized for accumulating a huge amount of wealth by taking advantage of his presidency.... Read more
Business LeadersFeaturedSanctions against Putin’s daughtersIFM CorrespondentApril 8, 2022April 8, 2022 by IFM CorrespondentApril 8, 2022April 8, 2022 They are believed to be his daughters from his marriage with former Aeroflot cabin crew Lyudmila.... Read more
FeaturedFinanceUK retail giant forced to change ‘Z’ logo after online backlashIFM CorrespondentMarch 28, 2022March 28, 2022 by IFM CorrespondentMarch 28, 2022March 28, 2022 Swiss insurance firm Zurich Insurance has also decided to withdraw its Z logo... Read more
FeaturedFinanceImpact of Russia-Ukraine war on global economyIFM CorrespondentMarch 21, 2022 by IFM CorrespondentMarch 21, 2022 Governments will be forced to decrease their social spending and look to enhance the military budgets.... Read more
EconomyFeaturedIs Russia getting support from MENA?IFM CorrespondentMarch 18, 2022March 18, 2022 by IFM CorrespondentMarch 18, 2022March 18, 2022 UAE, which has been a steady ally of the US over the years, abstained from voting against Russia in the United Nation.... Read more
Business LeadersFeaturedUK freezes Chelsea club in fresh sanctions against Russian oligarchsIFM CorrespondentMarch 15, 2022March 15, 2022 by IFM CorrespondentMarch 15, 2022March 15, 2022 Club owner Roman Abramovich is seeking a £3 billion valuation.... Read more
FeaturedFinanceRussia mulls seizing assets of companies suspending operationsIFM CorrespondentMarch 11, 2022 by IFM CorrespondentMarch 11, 2022 The White House has said that Russia’s move will be met with further economic sanctions.... Read more