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Russia to broaden scope of national currencies trade

Settlements using the Kazakh tenge, Armenian dram and Kyrgyzstani som will be discussed at the Eurasian Intergovernmental Council Russia plans to propose expanding the use of national currencies in trade settlements between the members of the Eurasian Intergovernmental Council (EAEU), news outlet RBC reported on Thursday, citing a draft of a Russian decree for the…

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EU power prices soar to new highs

Electricity prices in the EU’s day-ahead spot markets have surged to new highs on Friday amid rising energy demand and lower gas flows from Russia. According to European Power Exchange data, day-ahead electricity prices in France, Belgium and Germany showed the largest growth. Prices in Europe’s largest economy, Germany, rose from €599.83 per megawatt-hour on…

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EU city wants exemption from Russia sanctions – media

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