G7 countries face a threat that Russia will shut down more gas

Russian President Vladimir Putin attends a toast as he participates in the 14th BRICS Summit in virtual format via video call, in Moscow on June 23, 2022. Michael Metzel | AFP | Getty Images One analyst warned that the G7 needs to prepare for a complete shutdown of Russia’s gas pipelines in the near term, … Read more

NATO meets to coordinate defense strategy and discuss Ukraine aid

Leaders of the Group of Seven leading democracies have called a Russian missile strike on a crowded shopping mall in Ukraine on June 27 a war crime and vowed to hold Russian President Vladimir Putin to account. The leaders of Britain, Canada, France, Germany, Italy, Japan and the United States, meeting on the second day … Read more

Italy’s economy enters choppy waters – POLITICO

Click play to listen to this article Smooth sailing in Italy is about to end. A combination of factors – the ‘Super Mario’ brand of its prime minister, negative interest rates and the opportunity to spend nearly €200 billion in the EU refund money It means that the third-largest economy in the European Union was … Read more

Energy prices are causing havoc in Asia. The rest of the world should be worried

CNN Business – in Sri LankaPeople line up for miles to fill up your tank. In Bangladesh, stores closed at 8pm to conserve energy. In India and Pakistan, power outages are forcing schools to close, businesses are shutting down, and residents are feeling the heat without air conditioning through deadly heat waves in which temperatures … Read more

The return of stagflation can be prevented with smart policy – POLITICO

Joachim Nagel is Chairman of the Deutsche Bundesbank. Flashy background, corduroy flares, long sideburns, disco and punk. The 1970s were a tumultuous “in your face” decade. And for many, this decade is still a magnet. Revivals come again and again, both in fashion and music. Economically, the 1970s were a difficult decade, plagued by two … Read more

State TV allows sinister master plan for American prisoners in Russia

The The anti-American atmosphere in RussiaOff the charts and now, Americans who have had misfortune in Russian captivity are used as pawns in the Kremlin’s cruel game. basketball star Britney Greiner, Detained in Russia on alleged drug charges, as well as two US veterans captured by Russian forces in Ukraine last week –Alexander Drewic and … Read more

The Russian ruble reached its strongest level in 7 years despite the sanctions

A 1 Russian ruble coin and a Russian flag are displayed on the screen in this multiple exposure illustration taken in Krakow, Poland on March 8, 2022. Jacob Borzeki | Norfoto | Getty Images The Russian ruble hit 52.3 against the dollar on Wednesday, up nearly 1.3% from the previous day and the strongest level … Read more

Europe faces ‘red alert’ on gas supplies as Russia cuts flows

The threat of a difficult winter of gas rationing for industries and another boom in energy bills for consumers in Europe has become even greater as Russia escalates its gas row with the European Union by cutting supplies to major customers. The Significantly reduced supply From Russia since last week and upcoming annual maintenance work … Read more

The Russian ruble is the strongest currency in the world this year

The Russian ruble continues to rise against the dollar, making it the world’s best performing currency this year. Three months after the devaluation of the ruble Less than a penny Amidst the most severe economic sanctions imposed on a country in modern history, the Russian currency has achieved an amazing transformation. The ruble has jumped … Read more

You’ll never guess the lie that Putin told now

Russia’s leading economic event, the Saint Petersburg International Economic Forum (SPIEF, which ended over the weekend), was another reflection of the country’s changing position in the world. After Russia invaded Ukraine and was largely ostracized by the international community, Western investors who attended the event dubbed “Russian Davos” in large numbers during previous years were … Read more