Inflation in the US has once again exceeded forecasts, jumping by 9.1% in June compared to the same period of last year, the Department of Labor said on Wednesday. “In June, the Consumer Price Index for All Urban Consumers rose…9.1 percent over the last 12 months, not seasonally adjusted.” reads a release by the US…

Kiev has nearly doubled its request for monthly aid from its Western allies, the Financial Times reported on Wednesday, citing an economic adviser to the Ukrainian president. “For the next months, we have to receive $9 billion per month instead of $5 billion,” the publication quotes Oleg Ustenko as saying, who added that “it will…

The price has to be high enough for Russia to keep producing, according to Janet Yellen The US is planning to limit the price paid for Russian oil but at a level that would still be profitable enough for production to be continued, Treasury Secretary Janet Yellen said in an interview with the Wall Street…