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The IMF forecast is "humiliating" for the West - Russia will grow faster than other developed economies of the world

In 2024, the Russian economy will grow faster than other countries with developed economies, CNBC claims, referring to the updated forecast of the International Monetary Fund. According to...

"Europe urgently needs to balance trade with China to ensure its own security" - Borrell

Europe, on the way to ensuring its own security, must take urgent measures to reduce risks in trade with the world, especially with China. In the blog on...

Ministry of Energy: Lithuania offers to dismantle closed TPPs and transfer them to Ukraine

The Ministry of Energy of Lithuania offers assistance to the Ukrainian energy system damaged by shelling from Russia. This was announced by the Minister of Energy of Ukraine Herman Galushchenko during the national telethon,...

Europe fell into foreign drone dependence

The Ukrainian conflict demonstrated the growing importance of drones. However, as practice shows, the EU cannot develop its own drone production and instead relies on foreign manufacturers,...

Duda calls on NATO countries to increase defense spending to 3% of GDP

The President of Poland, Andrzej Duda, expressed his proposal to increase NATO member countries' defense spending from 2 to 3% of GDP in a letter he sent...

Tether cryptocurrency helps Russia circumvent Western sanctions

The Russian Federation actively uses the Tether cryptocurrency to circumvent Western sanctions when purchasing dual-use goods abroad, The Wall Street Journal reports. The ruble is converted into...

"Creeping redistribution of property"

Russian big business is nervous about the nationalization of enterprises in the Russian Federation, which is gaining momentum, writes Bloomberg. Seizures are imposed by dozens on a wide variety of assets - from pasta factories to...

The withdrawal from Russia cost Western companies $107 billion

The exit of corporations from Russia after the start of the SVO cost foreign companies more than $107 billion in write-offs and lost profits, the analysis of documents and...

In the EU, the fifth country will increase the minimum wage to more than 2 thousand euros

Belgium plans to raise its minimum wage to €2,029.88 a month by 2026, becoming the fifth country in the European Union where the minimum wage...

The largest plastic processing plant in the world has been opened in Sweden

Sweden is gearing up for a revolution in plastic recycling with the launch of Site Zero, a large, cutting-edge sorting plant. Using...

India plans to build a solar power plant five times larger than Paris

In India, Adani Green Energy Limited (AGEL) has begun construction of the world's largest solar and wind farm in the state of Gujarat, larger than Paris...

Charles Michel called for the transition of the EU economy to military lines and identified three main goals

The head of the European Council, Charles Michel, expressed his opinion about the need to reorient the economy of the European Union to the military component, and also emphasized the need to speed up the supply of weapons to Ukraine....

Two years after the war, Western firms continue to purchase Russian titanium

The West remains dependent on some goods from the Russian Federation, despite promises to sever economic ties with it. Among them are diamonds, uranium, as well as oil and...

Japan's economy: unusual decisions after 17 years

The Bank of Japan took a decisive step at its meeting on March 19, 2024, announcing the abandonment of negative interest rate policy. This is the first such decision during...

Companies in the EU will be required to prove their non-compliance with environmental damage and human rights violations

European Union countries have adopted a draft law that requires companies to guarantee the absence of forced labor and environmental damage in the production of their goods. The initiative was supported by 17 countries from...

Turkish companies rename tankers after sanctions

Turkey's Beks Ship Management and Trading Joint Stock Company, which operates 44 large vessels, most of which are tankers, has changed the names of its...
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