Economy

Russian economy minister responds to calls for WTO exit

Russia needs to keep its place in the World Trade Organization despite Ukraine-related Western sanctions, Economy Minister Maxim Reshetnikov said…

2 years ago

Major EU economy hit with surging energy costs

The price of imported energy in Italy rose in March by 72.5% on a yearly basis, the National Institute of…

2 years ago

Musk raises concerns over US economy

Billionaire Elon Musk said on Monday that the US economy is probably in a recession that could last anywhere from…

2 years ago

Ukraine warns of draconian measures to support crashing economy

The Ukrainian government will take “painful” measures if the military conflict in the country lasts another three or four months,…

2 years ago

Russian economy stronger than expected – JPMorgan

Russia's economy is coping better with Ukraine-related Western sanctions than could be expected, JPMorgan Chase said in a note to…

2 years ago

Russia vital part of global economy – Austrian ex-FM

Claims by high-ranking officials that the Russian economy is crashing are completely inaccurate, according to former Austrian foreign minister Karin…

2 years ago

Banning abortion bad for economy – US Treasury chief

President Joe Biden’s Treasury secretary, Janet Yellen, has made an economic case for ensuring that all Americans have access to…

2 years ago

Europe’s biggest economy faces wave of bankruptcies — banking chief

Germany will be battered with a wave of bankruptcies due to Ukraine-related sanctions against Russia, according to Commerzbank Chief Executive…

2 years ago

US economy hit by unexpected slowdown

The US economy unexpectedly declined by an annualized rate of 1.4% during the first three months of 2022, the Department…

2 years ago

Wall Street bank raises alarm over US economy

The Federal Reserve will face a difficult task in tightening monetary policy enough to cool inflation without causing a recession…

2 years ago