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World economy may split into rival blocs – ECB

Fragmentation will have severe implications for global trade and financial stability, Christine Lagarde warns Growing geopolitical tensions could accelerate the world economy’s deglobalization process, which would have far-reaching implications for all, European Central Bank (ECB) President Christine Lagarde warned on Friday.

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Russian GDP growth to top expectations – expert

The economy has largely recovered from last year’s sanctions-induced slump, according to VEB The Russian economy could expand beyond previous projections this year, Andrey Klepach, chief economist at the Russian state development corporation VEB.RF, predicted on Thursday.

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Ukrainian truckers unwelcome in another EU nation

Slovak drivers show support for their Polish counterparts with an hour-long blockade at the border Truck drivers in Slovakia briefly blocked a border crossing with Ukraine on Thursday, demanding protection from what they perceive as unfair competition from Ukrainian haulers and threatening a permanent blockade, similar to the one in place in Poland.

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