Business
Japan to expand anti-Russia sanctions
Tokyo plans to widen the list of goods falling under the export ban to Russia
Russian grain exports hit record high
Russia has continued boosting grain supply to the global market despite the Western sanctions, data shows
US wants to keep an eye on Georgia-Russia flights
Washington wants to know what is loaded on planes flying from Georgia to Russia, sanctions policy coordinator Jim O’Brien has said
German company vows to continue business with Russia
German industrial giant CLAAS has said it will continue exporting combine harvesters to Russia despite the grain deal failure
Iran boosts oil production to five-year high
Tehran has ramped up oil output closer to pre-sanctions level, according to data cited by IRNA news agency
US protests credit rating downgrade
Both the White House and the Treasury “strongly disagreed” with Fitch lowering the US credit rating from AAA to AA+
Niger coup could send shockwaves through global nuclear industry
The political crisis in Niger could send the price of uranium soaring
Russia sets new record for gas deliveries to China
Russia’s energy major Gazprom says it has set a new record for daily gas deliveries to China through the Power of Siberia pipeline
German energy giant downbeat on Russian gas supplies
Uniper expects no verdict in a legal case against Gazprom until 2024, nor a resumption of gas deliveries, the CEO has reportedly said
Russia to complete nuclear power plant in Türkiye next year – minister
Türkiye’s Akkuyu nuclear power plant will become operational in 2024, the country’s energy ministry says
Sanctions fuel crypto mining boom in Russia
Cryptocurrency mining has been on the rise in Russia due to cheap energy costs and Western economic restrictions, according to CoinDesk
Russia pumping oil at record pace – Bloomberg
Russian oil drillers are expected to set a new production record even as Moscow agreed to output cuts with OPEC allies
Italy’s economy shrinks unexpectedly
The Italian economy between April and June fell 0.3% compared to the first quarter of the current year, government data shows
Germans getting too poor to eat well-rounded meals
Over 10% of Germans are unable to afford meat on a daily basis, EU figures have revealed
UK businesses ignoring anti-Russia sanctions – The Times
British industrial firms are still doing business with Russia despite numerous sanctions imposed against the country, The Times reports
Calls to ban Russian aluminum ‘expose EU market manipulation’ – industry association
Five EU business associations have called on the London Metal Exchange (LME) to denounce calls for sanctions on Russian primary aluminum