Business
Dutch MPs sound alarm over surging imports of Russian gas
A group of Dutch lawmakers appealed to the government to urge that Russian gas imports to the EU be stifled
Russian central bank hikes interest rate to 18%
The Bank of Russia has raised the key interest rate for the first time this year, citing rising inflation
Fitch downgrades Ukraine further into default zone
Fitch ratings has downgraded Ukraine to ‘C’ over its $20 billion debt, saying a default or default-like process has begun
EU bans residents from taking part in ‘asset swaps’ proposed by Moscow
EU residents and companies have been prohibited from participating in frozen asset swaps proposed by Russia
Surge in EU imports of Russian fertilizer – media
EU imports of Russian fertilizer sharply has increased, with Poland becoming the top buyer
Russia to ramp up energy supply to China – deputy PM
Exports via the Power of Siberia gas pipeline will continue growing to hit 38 bcm next year, Aleksandr Novak has said
Ukraine’s creditors agree debt restructuring deal
Ukraine has reached an agreement in principle with a group of foreign investors to restructure its $20 billion debt
UK facing steep rise in bankruptcies – report
The number of bankruptcies in England and Wales surged to the highest level in over a year last month due to high interest rates
Euroclear confirms confiscation of Russian assets
Euroclear has confirmed that it will start transferring interest generated by frozen Russian funds to Ukraine this month
BlackRock-linked firm shorted Trump stock ahead of shooting
Austin Private Wealth tried to short-sell a massive amount of Trump Media ($DJT) stock before the assassination attempt
First country approves artificial meat for pets – FT
Pet food is the natural starting point for the lab-grown meat market in Britain, a producer has said
Russia and Hungary working to resume oil supplies – media
Moscow and Budapest are reportedly trying to restore Russian oil deliveries after Ukraine banned transit through its territory
Putin outlines new digital currency policy
The digital ruble should be fully incorporated into the Russian economy, President Vladimir Putin has said
World’s biggest alcohol market revealed
China is the world’s largest alcohol seller, in an industry which injected $730 billion into global GDP in 2022
Japan to transfer billions of frozen Russian money to Ukraine – media
Japan will provide $3.3 billion in loans to Ukraine using interest from frozen Russian assets as part of the G7’s $50 billion aid package
Elon Musk abandons California over trans law
SpaceX and X are relocating to Texas in response to a controversial LGBTQ law signed by California Governor Gavin Newsom, Elon Musk has said