Russia Economic Crisis
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Russia Extends Petrol Exports Ban Until 2025 To "Maintain Stable Situation"
The Russian government announced Wednesday that it was reintroducing a ban on petrol exports for another six months to "maintain a stable situation" on the domestic fuel market after major price hikes.
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Amid War With Russia, Ukraine PM Seeks Reconstruction Help In Japan
Ukraine's prime minister urged Japan's government and private sector on Monday to step up support for the country's reconstruction, promising an "economic miracle" once the almost two-year-old war with Russia ends.
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Chilling Predictions Baba Vanga Made For 2024 That Came True
Baba Vanga reportedly foretold that there will be a huge economic crisis that will impact the global economy in 2024.
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Ukraine Has Tenfold Increase In Poverty Due To War, Says World Bank
Russia's attacks on civilian infrastructure in Ukrainian cities away from the front lines will complicate the dire economic situation facing the country, which has already seen a tenfold increase in poverty this year, a top World Bank official said.
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How The Russia-Ukraine War Spooked Global Financial Markets: 10 Points
Over six months since Russia invaded Ukraine in what Moscow calls its "special military operation", the war has thrown global financial markets into severe turmoil as the charts below show.
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Russian Gas Cut To Europe Hits Economic Hopes; Recession Risks Rise
Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine, while missile attacks in Black Sea coastal regions raised doubts about whether Russia will stick to a deal to let Ukraine export grain.
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After Sri Lanka, A Dozen Other Countries In The Danger Zone Of Economic Crisis
Sri Lanka, Lebanon, Russia, Suriname and Zambia are already in default, Belarus is on the brink and at least another dozen are in the danger zone as rising borrowing costs, inflation and debt all stoke fears of economic collapse.
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Is Sri Lanka Seeking Russia's Help Amid Oil Shortage? Minister Says...
Sri Lanka has reached out to several companies suggested by Russia's embassy in Colombo to buy crude oil, Energy Minister Kanchana Wijesekera said on Sunday, in an attempt by the debt-ridden island nation.
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More Pain Ahead For Indian Assets As Stagflation Risks Turn Into Reality
Indian equities and the rupee face more tough times ahead after a broad slump since the war on the edge of Europe as stagflation, which was considered a threat and a fallout of the Russia-Ukraine crisis, is fast becoming a reality.
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Looking At Stabilising Economic Engagement With Russia: India
India on Thursday once again said its objective has been to stabilise its economic engagement with Russia and that an inter-ministerial group is looking at resolving issues relating to payment mechanisms with Moscow.
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IMF Chief Says External Funding Will Boost Ukraine's Financial Stability
IMF Managing Director Kristalina Georgieva has said that greater external funding is needed to help maintain financial stability in war-torn Ukraine
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Russia Could Take to Bitcoin Mining to Evade Sanctions, Warns IMF in New Global Financial Stability Report
The International Monetary Fund (IMF) has mentioned in a new financial stability report that Russia could evade economic sanctions levied in the wake of its invasion of Ukraine by pivoting to cryptocurrency mining.
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Ukraine War Will Push Russian Economy To Shrink By 8.5% This Year: IMF
The war and sanctions significantly impact Russia's economy. We are projecting that output will shrink by -8.5% in 2022: IMF.
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IMF Slashes India's Growth Forecast To 8.2% In 2022-23 Over Russia-Ukraine War Concerns
The International Monetary Fund (IMF) has slashed the growth forecast for India for the current financial year by 80 basis points to 8.2 per cent
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Oil Prices Trade Within A $3 Range, Driven By Supply-Led Pull And Push
Crude prices eased to around $112 per barrel on Monday after rising sharply in early trade, with oil contracts trading within a $3 range - between about $111 and $114 a barrel.
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Russia Extends Petrol Exports Ban Until 2025 To "Maintain Stable Situation"
The Russian government announced Wednesday that it was reintroducing a ban on petrol exports for another six months to "maintain a stable situation" on the domestic fuel market after major price hikes.
-
Amid War With Russia, Ukraine PM Seeks Reconstruction Help In Japan
Ukraine's prime minister urged Japan's government and private sector on Monday to step up support for the country's reconstruction, promising an "economic miracle" once the almost two-year-old war with Russia ends.
-
Chilling Predictions Baba Vanga Made For 2024 That Came True
Baba Vanga reportedly foretold that there will be a huge economic crisis that will impact the global economy in 2024.
-
Ukraine Has Tenfold Increase In Poverty Due To War, Says World Bank
Russia's attacks on civilian infrastructure in Ukrainian cities away from the front lines will complicate the dire economic situation facing the country, which has already seen a tenfold increase in poverty this year, a top World Bank official said.
-
How The Russia-Ukraine War Spooked Global Financial Markets: 10 Points
Over six months since Russia invaded Ukraine in what Moscow calls its "special military operation", the war has thrown global financial markets into severe turmoil as the charts below show.
-
Russian Gas Cut To Europe Hits Economic Hopes; Recession Risks Rise
Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine, while missile attacks in Black Sea coastal regions raised doubts about whether Russia will stick to a deal to let Ukraine export grain.
-
After Sri Lanka, A Dozen Other Countries In The Danger Zone Of Economic Crisis
Sri Lanka, Lebanon, Russia, Suriname and Zambia are already in default, Belarus is on the brink and at least another dozen are in the danger zone as rising borrowing costs, inflation and debt all stoke fears of economic collapse.
-
Is Sri Lanka Seeking Russia's Help Amid Oil Shortage? Minister Says...
Sri Lanka has reached out to several companies suggested by Russia's embassy in Colombo to buy crude oil, Energy Minister Kanchana Wijesekera said on Sunday, in an attempt by the debt-ridden island nation.
-
More Pain Ahead For Indian Assets As Stagflation Risks Turn Into Reality
Indian equities and the rupee face more tough times ahead after a broad slump since the war on the edge of Europe as stagflation, which was considered a threat and a fallout of the Russia-Ukraine crisis, is fast becoming a reality.
-
Looking At Stabilising Economic Engagement With Russia: India
India on Thursday once again said its objective has been to stabilise its economic engagement with Russia and that an inter-ministerial group is looking at resolving issues relating to payment mechanisms with Moscow.
-
IMF Chief Says External Funding Will Boost Ukraine's Financial Stability
IMF Managing Director Kristalina Georgieva has said that greater external funding is needed to help maintain financial stability in war-torn Ukraine
-
Russia Could Take to Bitcoin Mining to Evade Sanctions, Warns IMF in New Global Financial Stability Report
The International Monetary Fund (IMF) has mentioned in a new financial stability report that Russia could evade economic sanctions levied in the wake of its invasion of Ukraine by pivoting to cryptocurrency mining.
-
Ukraine War Will Push Russian Economy To Shrink By 8.5% This Year: IMF
The war and sanctions significantly impact Russia's economy. We are projecting that output will shrink by -8.5% in 2022: IMF.
-
IMF Slashes India's Growth Forecast To 8.2% In 2022-23 Over Russia-Ukraine War Concerns
The International Monetary Fund (IMF) has slashed the growth forecast for India for the current financial year by 80 basis points to 8.2 per cent
-
Oil Prices Trade Within A $3 Range, Driven By Supply-Led Pull And Push
Crude prices eased to around $112 per barrel on Monday after rising sharply in early trade, with oil contracts trading within a $3 range - between about $111 and $114 a barrel.
