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German military giant raises price of ammo for Ukraine by 50%

Rheinmetall has increased the cost of 155-mm caliber shells used by Kiev’s armed forces from €2,000 to €3,600 The price of artillery shells produced by German arms manufacturer Rheinmetall have soared by more than half since the start of the Ukraine conflict, an investigation by the Welt am Sonntag newspaper published on Tuesday revealed.

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Russian foreign debt to GDP hits record low

The country’s liabilities decreased to less than 15%, according to central bank data Russia’s external debt continued to shrink in the second quarter of 2023, dropping below 15% for the first time, RIA Novosti reported on Tuesday, citing data from the country’s central bank.

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‘Golden age’ of gas ending – IEA

Global demand for natural gas is expected to reach its peak as early as 2030, according to the World Energy Outlook 2023 issued by the International Energy Agency (IEA) on Tuesday. Gas consumption worldwide has increased by an annual average of nearly 2% since 2011. However, growth will slow to less than 0.4% from now…

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