Business
Russian LNG shipments to China surge
Russia has become China’s third largest LNG supplier after Qatar and Australia, customs data shows
Coffee prices in Russia more than double in seven years – study
A cup of coffee in Russia now costs roughly twice as much as it did in 2016, according to the financial data firm OFD Platform
Ukrainian economy grows nearly 20% – government
Ukraine’s economy saw year-on-year growth of 19.5% in the second quarter of this year, the State Statistics Service reports
EU trade chief rules out China decoupling
European Commission trade chief Valdis Dombrovskis has said the EU does not intend to cut commercial ties with China
Russia’s trade with EU state hits eight-year low – media
Russia’s trade with the Netherlands dropped 200% in July compared to the same period last year, hitting its lowest since 2015
US corporate failures set to register 13-year high – report
Corporate bankruptcy filings in the US have been on the rise in the light of sharp rate hikes by the Federal Reserve
Poland sharply increases imports of Russian fertilizers – media
Poland more than tripled purchases of Russian potash in July in annual terms, RIA Novosti reports
Statistics reveal German house prices collapse
German property values slid nearly 10% in the second quarter, marking the sharpest drop since 2000, official data shows
US buying record amount of Russian fertilizers – official figures
Purchases of Russian fertilizers by the US jumped to a record $944 million in the January-to-July period, official data shows
‘Exceptional’ Russian harvest lowers global wheat prices – FT
Wheat prices have slipped to a three-year low due to abundant Russian supplies that help to offset falling Ukrainian exports, the FT reports
Russia reaping benefits of storing gold – media
Russia has ramped up its gold reserves to record highs to counter Western sanctions
Western sanctions create 'new opportunities' – Putin
The Russian economy has emerged from Western pressure stronger than before, President Putin said
Russia must become ‘high-wage economy’ – Putin
President Vladimir Putin has called on government officials to maintain Russia’s stable growth in real wages
Western sanctions hurting Russian expat pensioners – RBK
Russian retirees living abroad are reportedly unable to withdraw pensions held in foreign banks due to Western restrictions
Russia to become self-sufficient in ‘critical’ mineral
Russia’s lithium reserves and processing capacity will completely cover domestic demand, according to Rosatom
EU country resolves grain import dispute with Ukraine – Reuters
Bratislava and Kiev could establish a licensing system for agricultural trade, Reuters reports