Russia and China to abandon dollar in energy trade – Moscow

The energy trade between Russia and China has been steadily growing and is up 64% in monetary terms so far this year, Russian Deputy Prime Minister Aleksandr Novak told the Rossiya 24 TV channel on Friday.

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Transfers to foreign banks from Russia surge 26-fold

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Gas shortages, freezing temperatures, firewood hoarding: Just how bad could things get this winter?

Skyrocketing energy prices have prompted some Europeans to stockpile basic forms of heating and buy stoves to keep warm Natural gas prices across Europe have quadrupled this year. Looking ahead to winter and imagining the new heights energy values may hit, consumers are starting to opt for an alternative (old) form of heating – wood. Huge demand for…

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