The World Bank expects global economic growth to slow significantly, from 5.5% in 2021 to 4.1% in 2022 and further to 3.2% in 2023. Growth in East Asia and the Pacific is expected to slow to 5.1 percent in 2022, reflecting the impact of China's econo…
Russian president demanded that exports of Russian gas to "unfriendly" countries be settled in rubles. The demand has raised concerns in Germany about possible supply disruptions and the impact on industry and households if utilities do not pay in ro…
As the European Union tries to reduce its dependence on Russian energy, the Russian president recently said Russia would try to shift its energy exports to the east, adding that there was no way for European countries to give up Russian gas immediate…
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