Islamabad has offered Moscow a barter agreement to shift away from Western currencies in settlements, a minister has said Trade turnover between Russia and Pakistan has grown by over a third since last summer, as the two countries bolster economic ties, Pakistan’s minister for commerce, Syed Naveed Qamar, told RIA Novosti on Wednesday.

Core inflation has reached its highest rate since March 1992, according to the Office for National Statistics. Inflation in the UK remained stubbornly high in May and exceeded expectations for the fourth month in a row, according to figures released by the Office for National Statistics (ONS) on Wednesday. This comes despite forecasts that consumer…

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