Russia’s ‘disposable-goods’ economy gets busier but poorer, and sanctions could trigger a recession
Vladimir Putin’s wartime economy has been resilient in the face of Western sanctions triggered by his invasion of…
Russia’s central bank tries to prop up ailing economy with rate cut – POLITICO
It’s unusual for a central bank to lower its policy rate while revising its inflation outlook upward, since…
Kill Russian oil in Europe – POLITICO
The sanctions threaten to take out “half” of those supplies, he said, given the measures prevent the two…
UK parliament mulls crackdown on Chinese visitors – POLITICO
Speaker Hoyle discussed the situation with his European counterpart to learn how such restrictions could be practically imposed…
Russia’s Metals Industry Faces Layoffs, Shortened Workweeks – Reuters
Russia’s metals industry is facing a wave of layoffs and reduced working hours as demand slumps and financial…
Russia’s Wartime Economy Creaks Under Inflation and Fuel Shortages
Driving a taxi in the Russian capital was never very lucrative for Said, a Tajik migrant living in…
Roman Abramovich defeated in legal fight against EU sanctions – POLITICO
Sanctions against former Chelsea FC owner are “necessary and appropriate,” the EU’s top court says. Listen AI generated…
Treasury Secretary Brushes Off Warnings of U.S. Jobs Recession
Treasury Secretary Scott Bessent pushed back Sunday against growing concerns that the U.S. economy is sliding toward a…
Farage compares UK to North Korea in front of US congress – POLITICO
Linehan was arrested by police at Heathrow Airport this week for posts, also made on X, about trans…
Farage paints Britain as a censorship hellhole. Is he right? – POLITICO
On his left flank While the right-leaning Farage is leading the charge on the Connolly case, the left…
France says door ‘remains open’ for diplomacy ahead of Iran sanctions snapback – POLITICO
French Foreign Minister Jean-Noël Barrot said on Saturday that Paris remains open to talks with Iran to avoid…
Why we’re moving to reimpose UN sanctions on Iran – POLITICO
Now, with the risks to international peace and security from Iran’s nuclear program greater than ever, we were…