A swaps panel has urged the US Treasury to temporarily allow trading in Russian assets A group of 13 banks and asset managers have asked the US Treasury’s Office of Foreign Assets Control (OFAC) to temporarily allow trading in credit default swaps (CDS) on Russian government bonds, Bloomberg reports, citing people familiar with the situation.

Showering less will help Germany overcome an acute energy crisis, Economy Minister Robert Habeck believes German Vice Chancellor and Economy Minister Robert Habeck says he has had to once again “drastically reduce” the time he spends in the shower in an effort to cope with what he describes as an acute energy crisis.

The number of reported probable cases of severe acute hepatitis of unknown origin in children has more than tripled in a month, the World Health Organization (WHO) said in a statement on Friday. The number of cases has risen to 920 worldwide, up from 270 in the organization’s previous report late last month.