‘Greedflation’ ravaging Western Europe – Nikkei

Inflation continues to rage in Western Europe, with monthly consumer prices soaring by over 14% in the UK and more than 10% in Germany, according to a Nikkei report. Some retailers have been hiking prices out of proportion with their underlying costs, it claimed.

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Russia’s Eastern Economic Forum welcomes foreign participants

The annual event will focus on forging stronger economic ties despite external pressure Delegations from many foreign countries are expected to take part in the Eastern Economic Forum (EEF) which kicks off on Sunday in Russia’s far eastern city of Vladivostok.

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Global demand for Russian LNG exceeding output – energy minister

Consumers in Europe are still buying, as well as new partners in Southeast Asia, Nikolay Shulginov says Liquefied natural gas (LNG) exports from Russia have been steadily growing since the beginning of the year, with demand on the rise in both Europe and Asia, Energy Minister Nikolay Shulginov has announced. Speaking at the Eastern Economic…

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