May 20, 2022
May 20, 2022

Half of Gazprom clients opened rouble accounts: Russia

Russian Deputy Prime Minister Alexander Novak said Thursday that about half of the 54 companies that have natural gas contracts with energy giant Gazprom opened accounts in rubles.

May 19, 2022
May 19, 2022

UK inflation hits 40-year high of 9pc

British inflation surged last month to its highest annual rate since 1982, pressuring finance minister Rishi Sunak to offer more help for households and the Bank of England to keep raising interest...

May 18, 2022
May 18, 2022

Russia-Ukraine war a wake-up call for Bangladesh’s agriculture sector

Ukraine and Russia, known as “the breadbasket of Europe”, are the major exporters of the world’s basic foods. Both countries export approximately one-quarter of wheat, more than three-quarters of...

May 18, 2022
May 18, 2022

Britain’s unemployment hits 48-year low

Britain’s unemployment rate fell to its lowest since 1974 in the first three months of this year, but soaring inflation led to the biggest annual fall in real earnings for most workers since 2013,...

May 18, 2022
May 18, 2022

Food inflation pain puts emerging markets between rock and hard place

Like for millions of people in developing and emerging market countries around the world, shopping for staple foods has turned from a necessity into a luxury for Selcuk Gemici.

May 17, 2022
May 17, 2022

G7 to continue economic pressure on Russia

Group of Seven foreign ministers vowed on Saturday to reinforce Russia’s economic and political isolation, continue supplying weapons to Ukraine and tackle what Germany’s foreign minister described...

May 17, 2022
May 17, 2022

Russian rouble hovers near 5-year highs vs euro

The Russian rouble firmed past 64 per dollar on Monday and climbed towards a near five-year high against the euro, supported by continuing restrictions on currency trading.

May 17, 2022
May 17, 2022

Economists sound alarm over UK’s post-Brexit plans

More than 50 economists warned on Monday that Britain’s post-Brexit plans to boost the competitiveness of its huge finance industry risked creating the kind of problems that led to the global...

May 17, 2022
May 17, 2022

European dealmakers face fewer debt options amid recession risks

European dealmakers are struggling to finance corporate takeovers as concern that the region’s economies may dip into recession is prompting debt investors to demand bigger rewards for the risks,...

May 17, 2022
May 17, 2022

Wheat prices hit record high after Indian export ban

Wheat prices surged to a new record high on Monday after India decided to ban exports of the commodity as a heatwave hit production.