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World faces shortages of popular food products – Bloomberg

Over the past few months, many seemingly random foods have become wildly expensive or unusually hard to find, Bloomberg reported on Sunday, noting that businesses are struggling to find alternatives to feed their customers.

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'Casus belli': What Kaliningrad blockade means for Russia

The transit of some goods through Lithuania has been blocked, raising concerns over shortages in Russia’s exclave Lithuania blocked the rail transit of some Russian goods to the country’s Kaliningrad Region on Saturday. Vilnius authorities explained the move by stating that the goods in question were sanctioned by Brussels in connection with the conflict in…

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Ruble hits 7-year high vs dollar

The Russian currency continues to strengthen despite the Central Bank’s call to lift capital controls The ruble soared on the Moscow Exchange on Monday, reaching a new multi-year high against the US dollar. The rally comes despite the Central Bank proposal last week to scrap capital controls that have supported the currency in the face of…

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