Business
Oil giant sues Greenpeace
British energy major Shell has filed a lawsuit against Greenpeace in respect of damage caused to its North Sea oil platform during protests
Crypto boom: Unveiling the mysteries behind bitcoin’s price surge
The US Federal Reserve's sudden pause in interest rate hikes has reinvigorated the cryptocurrency markets
Russia-China trade approaching milestone – data
Trade turnover between Russia and China topped $196 billion in January-October 2023, according to Chinese customs data
Russia’s oil and gas revenues hit 18-month high
Russia's proceeds from energy exports topped $17 billion in October
US will run out of paper to print dollars – Kremlin
Washington will soon be unable to service America’s colossal national debt, Kremlin spokesman Dmitry Peskov has said
US aiming to ‘kill’ major Russian energy project – official
Washington intends to terminate Russia’s Arctic LNG 2 project, says Geoffrey Pyatt, US assistant secretary of state for energy
Global changes driving Russian economic development – Putin
The Russian economy has continued to adapt in the light of the changing global order, President Putin has said
EU set for recession – ex-ECB chief
The EU economy will likely slide into recession by the end of this year, former ECB president Mario Draghi has told the Financial Times
US debt to top $50 trillion by 2033 – BoA
America’s national debt could surge by more than $20 trillion over the next decade, Bank of America estimates
G7 fails to agree Russian diamonds ban
Western nations have not reached consensus regarding sanctions on the Russian diamond industry, according to a joint statement
Russian central bank estimates how long sanctions will last
The West will keep its sanctions policy against Moscow unchanged for at least four years, the Bank of Russia predicts
Chinese investment in US collapsing – FT
Worsening trade relations between Washington and Beijing have diminished Chinese investment in the US, the Financial Times reports
West has lost billions trying ‘to teach Russia a lesson’ – Lavrov
EU businesses have lost $266 billion since the beginning of the Ukraine conflict due to sanctions imposed on Moscow, Sergey Lavrov says
Trump’s fortune soared after presidency – Bloomberg
Donald Trump’s wealth has surged by roughly $500 million since he left the White House, data from the Bloomberg Billionaires Index shows
Russian GDP grew 5% in third quarter – central bank
The Russian economy exceeded expectations in the third quarter of the year, data from the central bank shows
Bogus ‘billionaire rabbi astrologer’ sentenced
A conman who used outrageous lies to defraud victims has been sentenced to 102 months in prison, Bloomberg reports