Rate hike. Russia’s central bank on Friday raised the key lending rate by 200 basis points to 18 percent. The bank explained that inflation is “significantly higher” than its April forecast and that domestic demand is outpacing the country’s ability to supply goods and services. Annual inflation climbed to 9 percent in July from 8.6 […]
More than two years after the introduction of sanctions meant to curb Russia’s hydrocarbons revenue, Europe is still buying significant amounts of Russian natural...
Netanyahu's plan. In a speech delivered before the U.S. Congress on Wednesday, Israeli Prime Minister Benjamin Netanyahu called for the creation of a security...
Smoothing the waters. Ukrainian Foreign Minister Dmytro Kuleba met on Wednesday with his Chinese counterpart, Wang Yi, in the southern Chinese city of Guangzhou....
The semiconductor business is booming. According to estimates published in 2023 by consulting firm McKinsey & Company, the semiconductor market will exceed $1 trillion...
Coming to agreement. Some 14 Palestinian factions, including Hamas and Fatah, signed a reconciliation declaration following China-mediated talks this week, Chinese state broadcaster CCTV...
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Guyana and Venezuela are quarreling over an old land settlement, but just because the dispute has stayed peaceful for so long and...
Committed to Europe. Serbia on Friday signed a memorandum of understanding with the European Union on development of sustainable raw materials, batteries and electric...
