Indonesia eyes importing Russian oil – FT

Indonesia is considering joining India and China in buying discounted Russian oil to offset increased pressure from rising energy costs, the Financial Times reported on Monday. “We always monitor all of the options. If there is the country (and) they give a better price, of course,” President Joko Widodo said in an interview with the…

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Eurozone recession likely as business activity slows – S&P 

Manufacturing and services have slumped to the lowest level since 2020, data shows Business activity in the Eurozone took another hit in August as the bloc’s economic downturn extended from the manufacturing to the services sector, data compiled by S&P Global revealed this week.

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Sergey Poletaev: What sort of losses can Ukraine tolerate before it’s forced to seek a peace deal with Russia?

This is the fourth month of Russia’s “special military operation” in Ukraine. The fighting, which began across the country’s northern, eastern and southern territory, is now almost entirely concentrated in the Donbass.

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