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Russia filling up rainy-day fund

Russia has increased its reserve fund used for emergency spending by 551.4 billion rubles ($9.5 billion), the government said on Thursday. “The funds will be used in part to implement measures aimed at ensuring the stability of economic development in the conditions of external constraints,” the government said, referring to Western sanctions placed on Russia…

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Musk's firm enters business in Ukraine

Starlink, a firm owned and operated by Elon Musk’s SpaceX, has been granted an operators license in Ukraine to provide an internet service, according to the country’s Minister of Digital Transformation Mykhailo Fedorov.

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Greek inflation rockets to 30-year high

The country is seeing rising prices for energy, housing, transportation, and food Inflation in Greece surged to 11.3% year-on-year in May from 10.2% recorded in the previous month, according to the latest data from the Hellenic Statistical Authority (ELSTAT).

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