Economy

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10 mins read

Germany is staring at the end of its economic model

The war in Ukraine and its repercussions, compounded by structural problems such as an ageing population and a lack of investment, spell the end of the boom

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2 mins read

Russia’s Economy Projected to Grow Despite Western Sanctions

The IMF says it will grow 1.5% this year

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2 mins read

Germany Warns of Industry Shutdown If Russian Gas Stops Flowing

Economy Minister Habeck urges policymakers to learn from past. Russia-Ukraine gas transit agreement due to expire next year.

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4 mins read

Record-breaking Russian grain exports expected in 2023

Russian grain exports are expected to reach record levels in the current 2022-2023 agricultural season, with estimates by various domestic agencies and institutions ranging from 55.5mn to 59.3mn tonnes, Kommersant daily reported.

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5 mins read

Why the economic war against Russia has failed

There was much mirth in the West this week when Vladimir Putin’s Victory Day parade through Red Square included just one tank, itself a relic from a museum. The inference was that Russia has lost so much military kit in Ukraine that it is a shadow of the military superpower the Soviet Union used to be.

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6 mins read

Russia’s Rise

The West’s sweeping sanctions on Russia following its invasion of Ukraine are shaping up to be the West’s most monumental miscalculation in modern history. The sanctions have not brought the Russian economy to its knees, as was widely predicted. Instead, it’s the Western economies that are reeling, their economic growth all but stopped. Many of them are simultaneously suffering from both high inflation and energy shortages.

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4 mins read

Bank of America cuts short conference after outrage at comments on Ukraine war

Event was ‘overwhelmingly pro-Russian’, says one attendee, as bank calls clients to apologise

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1 min read

European scholars estimate that less than 9% of Western firms had divested from Russia

Less than Nine Percent of Western Firms Have Divested from Russia

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10 mins read

Has Russia’s Invasion of Ukraine Doomed the Dollar?

The Ukraine crisis has more or less reinforced the nearly global view that the world is better served with multipolarity and multilateralism.

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5 mins read

Oil is Today’s Rhubarb

Sanctions always fail, as the Chinese found out long ago.