Business
Russia to tackle EU sanctions on LNG operations – Kremlin
Kremlin spokesman Dmitry Peskov says Russia will find ways to overcome the illegal sanctions being considered by EU lawmakers
US economy could be headed for stagflation – Business Insider
The American economy could face stagflation as growth has been much weaker than expected, Business Insider reports
US seizure of Russian assets would accelerate de-dollarization – ex-IMF official
US seizure of Russian assets would spur de-dollarization, experts warned after Washington passed a bill authorizing the confiscation
France to fall out of world’s top ten economies – IMF
IMF analysts expect France to drop out of list of the world’s ten biggest economies within five years
Milei reforms make Argentine Peso world’s top performing currency – Bloomberg
President Javier Milei’s deregulation and austerity spree has managed to bolster the peso he once hated and wanted to abandon
Soros denounced over media acquisition plans
Congressman raises concerns about billionaire George Soros’ influence over local radio stations in the US, after major stake purchase
Airbus allowed to use banned Russian titanium
Ottawa has given Airbus leeway in using Russian-produced titanium in its manufacturing, despite being the first Western state to sanction it
Russia riding sanctions all the way to the bank – economy ministry
The economy will continue to expand this year despite Western sanctions, according to Maksim Reshetnikov
US to target Chinese banks for working with Russia – WSJ
Lawmakers in Washington are reportedly working on measures to cut off sanctioned lenders from the global financial system
World’s biggest nickel producer to transfer some production to China
Russia’s Norilsk Nickel is looking to increase its presence in the Asian country due to Western sanctions, according to its CEO
EU to impose sanctions on Russian LNG – member state
The EU wants to impose an import ban on Russian liquefied natural gas in its 14th package of sanctions, Sweden’s foreign minister says
Iran to accept Russian credit cards – Izvestia
Iran will soon start accepting Russian Mir debit and credit cards, a trade attaché of the Iranian Embassy in Moscow has said
EU elites promised a prosperous green future. This could be their undoing
Technocrats have staked their legitimacy not so much on a carbon-neutral future as on a vision of prosperity that is rapidly receding
Russian economic growth ‘strong’ – IMF
The Russian economy will keep growing in 2024, IMF European Department head Alfred Kammer forecasts
Europe’s largest gas field shuts down
The Netherlands has officially closed the Groningen gas field after years of complains about earthquakes
ECB may force EU banking major out of Russia – Reuters
Sources told Reuters that Italy’s UniCredit expects to receive a legally binding order from the ECB to reduce its business in Russia