Tag: international economics

Russian Minister: The country’s gross domestic product could fall by 2.9% this year

Russian Minister of Economic Development Maxim Reshetnikov predicts that “the minimum contraction of the economy will be exceeded in the last quarter of this...

In August, Chinese authorities bought two million barrels of oil per day from Saudi Arabia.

Data from China's General Administration of Customs showed that Saudi Arabia ranked first as China's largest supplier of crude oil in August last year,...

Two Turkish banks suspended the work of the Russian payment system “Mir” after US sanctions

googletag.cmd.push(function() { googletag.display('div-gpt-ad-news-inread'); })googletag.cmd.push(function() {if (isMobile) {googletag.display('div-gpt-ad-news-under-image-m');}});Turkey's Deniz Bank and İş Bank have announced that they have suspended the use of Russia's Mir payment system after...

World Bank warns of global recession and devastating impact on emerging markets

The World Bank has warned that leading central banks risk pushing the global economy into a "devastating" recession next year if policymakers raise interest...

The European Union reduces the frequency of pumping gas into underground storage

The Association of Gas Service Operators of Europe reported that the European Union in September reduced the rate of gas injection into underground reservoirs...

Next month, the Japanese government will discuss the future of the industry with car companies.

Japanese news agency Kyodo quoted Industry Minister Yasutoshi Nishimura as saying he was looking forward to a meeting next month between the government and...

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