Bank of Russia governor dismisses talk of recession
Cooling growth should not be confused with a contraction, Bank of Russia Governor Elvira Nabiullina has said Read Full Article at RT.com
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EU unveils plan to leverage €170bn of frozen Russian money – FT
Moscow has warned that confiscation of its assets immobilized in the West would constitute “theft” Read Full Article at RT.com
US and China reach ‘framework’ TikTok deal
The video platform’s ownership will reportedly be transferred to a consortium of American investors to avoid being banned in the country Read Full Article at RT.com
China launches probe into US chip giants
Beijing is launching two investigations into discriminatory restrictions on its chip industry ahead of talks with Washington Read Full Article at RT.com
Fitch hits France with record-low credit score
The agency linked the cut to growing political instability and doubts over the government’s ability to rein in mounting debt Read Full Article at RT.com
EU could target ‘Russian SWIFT’ – Euractiv
France and Germany are reportedly pressing for deeper sanctions on foreign banks that maintain trade with Moscow Read Full Article at RT.com
Russia and China planning clearinghouse to avoid West – Moscow
The project is aimed at building a payment infrastructure independent of the West, Finance Minister Anton Siluanov has said Read Full Article at RT.com
France headed for ‘black hole’ – financial expert
PM Francois Bayrou’s government lost a no-confidence vote in parliament amid attempts to rein in the country’s ballooning sovereign debt Read Full Article at RT.com
China to open up ‘panda bonds’ to Russian energy giants – media
China is reportedly preparing to reopen its domestic bond market to major Russian energy companies, including Rosatom and Gazprom Read Full Article at RT.com
Russia and UAE agree major business deal – Kommersant
Moscow and Abu Dhabi have reached an agreement to boost bilateral trade and investment by easing market access Read Full Article at RT.com
Gazprom boss warns EU to prepare for ‘cold winter’
The EU could face serious gas shortages if winter proves harsh, Gazprom CEO Aleksey Miller has warned, citing a large storage deficit Read Full Article at RT.com
Russia’s biggest bank sounds warning about economy
Sber CEO Herman Gref has called for deeper interest rate cuts to spur recovery and avert a recession Read Full Article at RT.com
Russian economy cooling ‘faster than expected’ – ministry
The government is revising growth and inflation forecasts, Economic Development Minister Maksim Reshetnikov has said Read Full Article at RT.com
EU country taps record volume of Russian gas
Hungary has received 5 billion cubic meters of gas under long-term contracts with Gazprom, Foreign Minister Peter Szijjarto has said Read Full Article at RT.com
Russia-China gas deal to ‘turn the LNG market on its head’ – analysts
Moscow could double deliveries to its Asian neighbor by the 2030s, shutting out US exports, Bloomberg has warned Read Full Article at RT.com
German unemployment hits ten-year high
The country’s economy is facing a third consecutive year without growth Read Full Article at RT.com
US extends loophole to keep banned Russian diamonds coming
A license for diamond and other gem imports has been extended by the US Treasury Department until 2026 Read Full Article at RT.com
EU ready to impose secondary sanctions on Russia’s partners – Bloomberg
Brussels is reportedly eyeing punitive measures against states it claims are helping Moscow bypass Western restrictions Read Full Article at RT.com
China boosts AI chip output amid US export curbs – FT
Beijing is reportedly trying to triple production to offset Washington’s restrictions on advanced semiconductors Read Full Article at RT.com