Eurostar guards plan strike before Christmas
The strike will «seriously disrupt» Eurostar's operations in the run-up to Christmas, according to the union, which is demanding a wage increase, Le Parisien reports.
EU countries are behind the scenes discussing a price ceiling for Russian oil of around $60 a barrel
The Eurozone countries are engaged in active informal discussion of setting a price limit for oil from Russia at $60 per barrel.
Turkey bought 25% less coal, oil and gas from Russia in October
As of the end of October the Turkish partners bought 25% less oil, coal and gas from Russia, as reported by the Turkish Institute of Statistics (Turkstat).
Reuters: India bought out 40% of offshore supplies of Russian Urals crude in November
India surpassed all other states of the world and in November became the largest buyer of Urals oil delivered by sea routes.
U.S. residents spent a record $9.12 billion on online purchases during Black Friday
Online sales on Black Friday rose by 2.3 percent over the year. On specific items, the figures increased very strongly.
Turkey's central bank cuts key rate to 9% despite inflation
Turkey's central bank lowered its key rate by 150 basis points to 9% on November 24, with no further reductions planned.
Putin extended the decree on financial stability measures until December 31, 2023
Russian President Vladimir Putin signed a decree on November 23, regulating financial stability measures in the field of currency control until December 31, 2023.
FinExpertiza: Russians began to buy more alcohol, tobacco and sweets
Russian citizens increased spending on alcohol, tobacco and sweets by 18.6% in the second quarter of this year. Spending on sports and cultural programs is also decreasing.
Destatis: exports from Germany to Russia fell by 60% in October compared to 2021
The first line among countries outside the European Union is the United States.
Ozon Global opens office in Shenzhen, China
The company plans to expand the number of local sellers by at least a hundred thousand.
Bloomberg: Russian economy recession will last until the third quarter of 2023
Experts believe that Russia's GDP could fall sharply by more than 8% at the beginning of next year.
Japan increased exports of medical products to Russia nine-fold in October
Shipments in the category of cars and engines and computer components also increased.
WTO chief Okonjo-Iweala said the world's leading economies are sliding into recession on the back of a special operation
Director General of the World Trade Organization (WTO) Ngozi Okonjo-Iweala, on the sidelines of the G20 summit in Bali, Indonesia, informed about the impending recession of the world's leading economies.
A Reddit user from northern Canada surprised the network with high prices in local stores
One of the Canadian users of the social network Reddit with the nickname MickFoley13 expressed dissatisfaction with the level of prices in supermarkets in the north.
U.S. Treasury Secretary Yellen says Russian oil price ceiling benefits China and India
US Treasury Secretary Janet Yellen said that «ceiling prices» for Russian oil are beneficial to China and India.
IMF and Kenya sign agreement on new $433 million aid package
The Institute believes that the Kenyan economy has held up well in difficult conditions, despite the decline in activity in the agricultural sector, reports Le Figaro.
Due to the decline in Russian gas supplies, the EU will buy 105 billion tons of LNG in 2022
The experts of the research company Kpler calculated that from January to October this year, 27 countries of the European Union bought 105 billion tons of LNG.
Elon Musk sold 19.5 million Tesla shares for $4 billion
American businessman and inventor Elon Musk sold 19.5 million shares of Tesla, the electric car manufacturer, amid investors' concerns that the purchase of Twitter would distract him from other business. The market value of Tesla is currently $650 billion.
Russians' delinquency on car loans increased sharply by almost 20%
Russian borrowers in September 2022 began allowing «early delinquency» of up to 30 days on their loans, including auto loans, credit cards and POS financing.
Zara and Bershka stores plan to open in Russia in spring 2023 under a different name
Collections of brands such as Zara, Bershka, Pull & Bear and Stradivarius will be available to Russian customers, but in other stores and not in full assortment.
Russians warned of rising olive oil prices due to the Spanish drought
Vegetable oils in the world continue to be in short supply, and for this reason they cannot become cheaper. Moreover, according to Sergei Chernikov, associate professor at the Department of Economics of the PFUR, in the near future they may noticeably go up in price.
India is abandoning the oil embargo and stepping up trade with Russia
After the start of the sanctions war, Russian Federation became the second largest supplier of oil to India.
Central banks of the world bought a record amount of gold in the third quarter
The World Gold Council (WGC) registered a record figure on purchase of gold by central banks of the world in the amount of 399.3 tons.
Iranian authorities reported $4.5 billion worth of investments from Russia in oil and gas projects
Investors from Russia have signed agreements to develop oil and gas fields in Iran worth $4.5 billion.