Business
West destroying its own financial system – Putin
Russia will build new financial infrastructure with friendly nations free from “political interference”, President Vladimir Putin has said
West divided over seizing Russian assets – Bloomberg
The G7 finance ministers remain divided over seizing Russia’s frozen assets to aid Ukraine, Bloomberg has reported
Keep money in Russia, Putin says
The country’s businesses should operate domestically and not move funds abroad, according to the president
Russian economy strongest in Europe – Putin
Russia is already the biggest economy in Europe in PPP terms, and could join the top four globally, according to the Russian president
BRICS overtaking G7 in economic might – Putin
BRICS countries are surpassing developed economies in terms of PPP, according to Russian President Vladimir Putin
US threatens Turkish businesses over Russia trade
Turkish companies have reportedly been warned that continuing to do business with Russia could entail a halt in currency transactions
German households heavily burdened by energy costs – report
Consumers continue to struggle with high electricity and heating costs amid the cost-of-living crisis
Bitcoin surges beyond $61,000 mark
The price of the world’s highest-valued digital token, Bitcoin, reached a two-year high on Wednesday
Apple scraps electric car project – Bloomberg
The tech giant started working on building a semi-autonomous vehicle around 2014 but never announced it publicly
Ukraine demands compensation from Poland over dumped grain
Kiev has demanded payment from Polish farmers for spilling grain transiting through Poland, according to a deputy agriculture minister
LG, Sony, Bosch leaving Russia – media
Electronic goods makers LG, Sony, and Bosch have started closing their single-brand stores in Russia due to a lack of supplies
Swiss city employees get big pay surprise
Zurich workers saw their February salaries double due to a technical mistake, according to a statement
EU tells citizens to further reduce gas consumption
Europeans must voluntarily reduce their gas consumption, or they will be required to do so, the European Council wrote
Russia to restrict gasoline exports – RBK
Russia will reportedly suspend gasoline exports beginning in March to ensure stable domestic supply during the peak demand season
Russian companies embark on massive expansion to ‘friendly’ countries
Nearly 12,000 branches of Russian companies have opened in Serbia, the UAE, Armenia, and Kyrgyzstan since 2022, data has shown
Ukrainian imports costing EU farmers billions – official
The EU agricultural sector lost over €19 billion in 2022-2023 due to liberalized trade with Ukraine, Janusz Wojciechowski has said