Economists no longer expect an “impressive recovery” and blame high inflation for weak performance Food prices in the Netherlands have jumped by 15.7% in November compared to last year, data shared on Thursday by Statistics Netherlands (CBS) shows.
President Xi Jinping has reportedly said his country will work to pay for fuel in yuan Beijing will work to make energy purchases in yuan instead of the US dollar signalling another step towards shifting further away from the greenback, China’s President Xi Jinping has told Gulf Arab leaders as cited by Reuters.
Major oil producers are concerned about the price cap imposed by the Group of Seven nations on Russian crude exports, Oman’s energy minister, Salim Al-Aufi, said in an interview with Bloomberg. The limit on Russian seaborne oil, set at $60 per barrel, was introduced by the EU, the G7 countries, and Australia on December 5.…