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Senior Ukrainian bishop claims he’s under house arrest

Metropolitan Pavel, Abbot of the Kiev Pechersk Lavra, has been accused of harboring pro-Russian sympathies The leader of Ukraine’s largest Orthodox Christian monastery has said he is under house arrest, marking the latest twist in Kiev’s religious crackdown. Metropolitan Pavel (secular name Pyotr Lebed), a senior bishop in the Ukrainian Orthodox Church (UOC), is suspected…

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India set to reduce use of US dollar in cross-border trade

India’s central government has unveiled its new Foreign Trade Policy, which is expected to facilitate greater trade, boost manufacturing, help to shift away from the US dollar, and make the rupee a global currency.

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Swedish retail sales slump

Inflation and surging lending costs have dented private spending, an official report indicates Retail sales in Sweden plunged the most on record last month, as inflation and soaring borrowing costs continued to squeeze consumers’ spending power.

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