Business
Russian LNG exports to southern neighbor surge
The volume of LNG supplied from Russia to Georgia from January to July 2023 increased 44.2% versus the same period a year ago, data shows
More German auto giants abandoning Russian customers – media
BMW and Audi are preventing Russian car dealerships from accessing their software, Izvestia reports
UAE banks targeting rich Russians – WSJ
Major lenders in the UAE are reportedly setting up branches for managing money from wealthy Russians
Domino’s Pizza files for bankruptcy in Russia
DP Eurasia has initiated steps for bankruptcy proceedings of Russian Domino’s Pizza franchisee
US dollar ‘cannot be trusted,’ former IMF executive tells RT
The US-led international monetary system is becoming increasingly “dysfunctional,” Brazilian economist Paulo Batista says
Africa can benefit from partnership with BRICS – Ramaphosa
South Africa supports the expansion of the BRICS economic alliance, President Cyril Ramaphosa said in the run-up to 15th annual summit
Japan boosts exports to Russia – data
Japan’s exports to Russia have grown despite its numerous rounds of trade curbs in line with Western sanctions, statistics show
Olive oil may become unaffordable for Spaniards – El Mundo
Extra virgin olive oil may become a luxury for middle-class families due to soaring prices caused by drought in Spain, data shows
British rents skyrocketing
UK residential rents have risen at the fastest rate on record, according to ONS data
China finds foreign source of drinking water
Kyrgyzstan could supply Beijing with clear water from its plentiful glaciers, Prime Minister Akylbek Zhaparov says
EU corporate bankruptcies surge to highest since 2015 – report
The number of EU businesses filing for bankruptcy surged by more than 8% in the second quarter, latest EU statistics show
US households hit with skyrocketing energy bills – report
Energy costs are soaring in the US amid record-breaking summer heat, according to government data
Chinese imports of Russian gas soar
Russian pipeline gas deliveries to China nearly doubled between January and July compared to the same time last year, customs data shows
Türkiye names top foreign buyers of real estate
Russians emerged as the top property buyers in Türkiye last month followed by Iranian and Iraqi nationals, statistics show
Global household wealth nosedives – report
Economic welfare plummeted globally in 2022 for the first time in 14 years, according to a new report by UBS and Credit Suisse
Iranian oil exports to China hit 10-year high
Crude shipments from Iran to China are running at the highest levels since 2013 amid soaring global prices, Kpler analysis shows