Concerns about possible stagflation are at their highest since 2008, says the Bank of America A monthly survey by investment bank BoFA Securities has shown that optimism among fund managers over global economic growth has fallen to historic lows. The contraction comes amid concerns about possible stagflation, which is at its highest since August 2008.

Russia has increased export quotas on complex mineral fertilizers to support domestic producers, according to a resolution published on the Cabinet of Ministers website on Sunday. “The current export quotas for Russian producers of mineral fertilizers have been temporarily increased by nearly 700 thousand tons,” the resolution states. The measure will be valid until May 31, 2022.

The soaring cost of living in the UK appears to have overshadowed concern for Ukraine The number of Britons advocating harsh economic sanctions against Russia in response to its military offensive in Ukraine has dropped over the past month, according to a new opinion poll.