The US Treasury Department has called on the G7 to tighten control over the Russian oil trade amid Moscow’s growing shipments, Axios reported on Wednesday, citing a memo. The G7 and EU countries imposed a price limit on Russian seaborne oil sales last year. The measure bans Western companies from providing insurance and other services…

The exodus of US and EU owners offers domestic firms great investment opportunities, according to Vladimir Potanin The exit of Western companies from Russia due to Ukraine-related sanctions has opened many new opportunities for domestic firms to invest and expand their portfolios, businessman Vladimir Potanin said on Thursday during the VTB Bank ‘Russia Calling!’ forum.

The UN has ranked Britain as one of the worst-performing countries in terms of child poverty rates among 39 members of the Organization for Economic Co-operation and Development (OECD) and the EU. In a report published on Wednesday, the United Nations Children’s Fund (UNICEF) estimated that nearly 70 million children in high- and upper middle-income…