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Ex-Austrian FM moves to small Russian village

Former top Austrian diplomat Karin Kneissl had to leave her homeland in 2022 following death threats The former head of the Austrian Foreign Ministry, Karin Kneissl, has attended a local cultural festival in a small village in central Russia, after recently renting a house in the area, a local media outlet reported on Tuesday.

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Russia's grain harvest forecast upgraded

This year’s production is expected to be higher than earlier estimates, market researcher IKAR has said Russian farmers are projected to reap up to 137 million tons of grain, including 88 million tons of wheat this year, according to the Institute for Agricultural Market Studies (IKAR).

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EU state’s shock windfall tax sends bank shares plummeting

Italy has unexpectedly approved a 40% levy on lenders’ “excess” profits this year The Italian government’s announcement of a one-off windfall tax on bank profits saw the country’s financial stocks tumble on Tuesday, wiping out some €10 billion ($11 billion) from their combined market value.

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