The head of the International Monetary Fund (IMF), Kristalina Georgieva, said on Wednesday that the outlook for the global economy had “darkened significantly” since April. She told Reuters that a global recession next year could not be ruled out, given the elevated risks.

Canada and Germany have reportedly come to an agreement on delivering a Siemens gas turbine that wasn’t sent back from Canada to the operator of the Nord Stream 1 pipeline in time due to Ottawa’s sanctions on Moscow.

The bloc is pricing developing countries out of the LNG market, American business newspaper reports European Union members are actively buying up liquefied natural gas (LNG) as an alternative to Russian pipeline supplies, depriving poorer countries that cannot compete for the fuel due to high prices, The Wall Street Journal claimed on Friday.