From Promoting Economic Pluralism
MOSCOW, July 21 (Reuters) – Increased supplies of liquefied natural gas (LNG) from Russia’s Novatek (NVTK.MM) mean the company is close to overtaking Kremlin-controlled Gazprom (GAZP.MM) as the country’s leading fuel supplier to Europe, …
Novatek set to oust Gazprom as Russia’s top gas supplier to Europe Read More
India has emerged as a major buyer of Russian oil over the past year, after Moscow’s invasion of Ukraine triggered Western sanctions, forcing Russia to offer its crude at discounted rates. The South …
Russia’s rupee problem risks harming trade ties with India Read More
The Swedish Coast Guard has detected a fourth gas leak in one of the Nord Stream pipelines that cross under the Baltic Sea carrying natural gas from Russia to Europe. According to …
Sweden detects a fourth leak in Nord Stream gas pipeline Read More
Ukraine’s military has had stunning success in recent weeks, recapturing Russian-occupied territory in the northeast and south of the country. Holger Schmieding, chief economist at Berenberg, said the recent Ukrainian …
‘Path to oblivion’: Ukraine military gains could deepen Russia’s economic problems Read More
As the war against Russia enters its seventh month on Wednesday, Ukraine is stuck between a financial rock and a hard place as it seeks to stay afloat while fighting off Moscow’s invading forces. Tax revenues have …
Ukraine battles to avoid hyperinflation as war costs soar Read More
A decree published on Tuesday morning in the official state gazette and scheduled to go into effect next week mandates that air conditioning in public places be set at or …
Spain bans setting the AC below 27 degrees Celsius Read More
Alexander Tziamalis and Yuan Wang point to sources behind ballooning inflation. The bad news: inflation is back in the public spotlight these days and rightly so. Inflation has kept on …
Blowing the house down Read More
Russia’s invasion of Ukraine has already destroyed billions of dollars’ worth of infrastructure, blocked exports from key Black Sea ports and displaced more than 12 million people. The World Bank …
Here’s how much it could cost to rebuild Ukraine — and who would pay for it Read More
Russia’s invasion of Ukraine and resulting sanctions will likely devastate Russia’s economy. If the country had taken a more productive economic course over the past two decades, it might be …
Russia’s Tragic Failure to Reform Its Economy Read More
More than one in five top earning bankers has benefited from non-dom status, according to a new LSE and University of Warwick report. Non-doms also make up a sizeable share …
One in five bankers claims non-dom tax status Read More