Tapping frozen Russian assets is ‘economic racketeering’ – Moscow

The EU has unanimously backed the idea of using profits from the funds to help Ukraine The EU’s plan to seize the profits from frozen Russian assets and hand them over to Ukraine would be a gross violation of international law, the Foreign Ministry in Moscow has told RIA Novosti.

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Italy’s economy shrinks unexpectedly

The second half of 2023 is projected to see a sharper production drop compared to other Eurozone majors Italy’s economy underperformed expectations in the second quarter of the year, according to data released by national statistics bureau ISTAT on Monday.

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Powerful explosion at factory in Moscow Region

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