UK faces major mortgage crisis

The average two-year fixed mortgage rates for residential property buyers in the UK hit 6.01% on Monday, sending the key borrowing metric for the housing market to its highest level since December 2022.

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Russian tax service demands $140 million from IKEA – media

The Swedish furniture-making giant exited Russia amid Western sanctions, but it still has assets in the country The Russian Federal Tax Service has filed a legal complaint with the Arbitration Court of Moscow Region against a local subsidiary of Swedish furniture manufacturer IKEA, the business daily Kommersant reported this week, citing court documents.

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Biden's rating reaches record low

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