Business
Tycoon urges Russia to meet US energy threats head-on
Businessman Oleg Deripaska has called for greater investment in transport infrastructure to counter US threats to target Russian energy
Top grocery brands fueling ‘greedflation’ – UK watchdog
Premium brand products in Britain’s groceries sector have been found profiteering amid the cost-of-living crisis
Remote mountain kingdom secretly mining bitcoin – Forbes
The government of Bhutan has repotedly been running secret state-owned crypto mining farms
Russian chocolate going global – data
Russia has ramped up its foreign trade in chocolate amid growing global demand
Ukraine counts losses from Polish border blockade
Kiev’s exports through Poland have plunged by 40% since the start of protests at border crossings, according to Ukraine’s Economy Ministry
EU steps up imports of Russian nuclear fuel – Euratom
The EU has increased purchases of nuclear fuel and services from Russia over the past two years, according to the Euratom Supply Agency
EU country stocking up on Russian gas – media
Spain has been stepping up purchases of Russian gas and is on course to hit a historic import high by year’s end, El Mundo reports
Central banks risk plunging developed world into recession – OECD
Policymakers’ hardline approach towards inflation threatens global economic growth, a report warns
Export of Russian grain to EU surges – data
The EU has sharply increased imports of Russian grain despite its sanctions against the country, Eurostat data shows
West takes new step to tighten Russian oil sanctions – Reuters
The US and its allies are reportedly trying to stop the practice of ‘flag hopping’ allegedly used to transport Russian oil under a price cap
UK spends billions to support inequality in favor of the rich – report
Britain spends tens of billions of dollars annually to finance inequalities in income, wealth, and power, a report has found
World’s most expensive cities revealed
Singapore and Zurich tied as the world’s most costly city this year, a report by the Economist Intelligence Unit shows
EU to unveil plan to tap frozen Russian assets – Bloomberg
The European Commission has been working to overcome differences on using sanctioned Russian funds to help Ukraine
US vows to halve Russia’s energy revenues by 2030
The US will stick to its sanctions on Russian energy in a bid to harm the country’s economy “for years to come,” a senior official has said
Ronaldo faces billion-dollar lawsuit for endorsing worthless NFTs
Football sensation Cristiano Ronaldo is facing a class-action lawsuit stemming from his endorsement of cryptocurrency exchange Binance
Another BRICS member to join OPEC+
Brazil is set to become a member of the OPEC+ group of oil-producing countries led by Russia and Saudi Arabia in 2024