Business
Russia relaxes ban on fuel exports
Moscow has scrapped some restrictions on cross-border fuel shipments
Dollar-based institutions are ‘geriatric,’ economist tells RT
The growing use of national currencies in international trade removes the ‘privileged role’ ascribed to the dollar, Rasigan Maharajh says
Russian bankruptcies surge past million mark – RBK
Simplified bankruptcy procedures in Russia have led to a rise in the number of such appeals, RBK reports
UK housing market in freefall – Halifax
British home prices have recorded the biggest annual fall since August 2009, mortgage lender Halifax reports
‘Ineffective’ Western sanctions only strike fear in other countries, expert tells RT
Oil exporters in Asia don’t support the price cap on Russian oil, which has proved ineffective, the head of a Malaysian think tank says
Largest buyer of Russian grain named
Egypt became Russia’s top grain importer in July-September followed by Türkiye and Iran, the Union of Grain Exporters has revealed
De-dollarization is ‘a must,’ think tank head tells RT
Russia and China are ‘natural’ partners and their choice to use national currencies in trade is a necessary measure, says Nelson Wong
Russia and China are ‘engine’ of new world order – Junge Welt editor-in-chief
The forming new world order will be driven by growing Russia-China cooperation, Junge Welt’s editor-in-chief tells RT
Italian drinks giant sues to maintain position in Russian market
Campari has filed a lawsuit seeking to ban third-party imports of Aperol to Russia, media outlets report, citing court documents
Eurozone economy edging toward recession – S&P survey
The economic slowdown has intensified in the euro area due to falling demand amid soaring inflation, S&P Global data suggests
Germany relaunches mothballed coal plants to save gas
Berlin will bring several coal plants back online to help keep the lights on during the winter, according to the economic ministry
Dollar-based financial system is crumbling – Putin
Russian President Vladimir Putin has underlined the need for a new non-dollar based global economic order
Russia has withstood Western pressure — Putin
The Russian economy has continued to grow despite Western sanctions, President Vladimir Putin has said
UK bank’s shares suspended twice amid cash crisis
Shares in Britain’s Metro Bank have nosedived, triggering trading halts amid debt fears
Baltic states helping Russians avoid sanctions – investigation
Crypto exchanges operating in Estonia and Lithuania have been channeling funds belonging to Russians, a group of journalists claim
Canada allowing companies to bypass Russia sanctions – media
Canadian firms are reportedly being allowed to circumvent Russia sanctions in the oil, mining, and luxury goods sectors