What paying for gas in rubles means for foreign buyers

Russian President Vladimir Putin signed a decree on Thursday on a special procedure for buyers from countries that imposed sanctions on Russia to pay for gas in rubles, making the measure official. Here’s what this means.

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Prof. Schlevogt's Compass № 1: How China's 'largest dark horse city' can show the way for the whole country

Amid the struggle to reignite growth post-Covid, the city of Hefei prospers thanks to its ‘Six capital model’ China, known for routinely producing veritable economic miracles, seems to have lost its magic touch in recent times. After abruptly abandoning its strict zero-COVID policy – the toughest containment regime ever seen in human history – at…

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Ukraine not only factor in higher UK food prices – report

New report suggests Brexit and Covid have led to over 500,000 job vacancies in UK farming sector as of August Chronic labor shortages in the food and farming sectors could lead to even higher food prices, a group of British MPs warned in a report published on Wednesday, urging the government to learn its lessons…

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