India will soon launch trade in rupees with Russia, the head of the Federation of Indian Export Organizations (FIEO) said this week. This comes after the State Bank of India agreed to simplify a new payment mechanism.

The bloc can compete in a strategic way, according to competition chief Margrethe Vestager The EU will try to challenge the US and China strategically, the bloc’s competition chief has suggested, however it may be no economic match for either.

President Vladimir Zelensky says Russia launched 85 projectiles that damaged the country’s energy system Russia has targeted Ukrainian energy infrastructure in a “massive” missile attack, Kiev announced on Tuesday. The strikes came less than a day after President Vladimir Zelensky set conditions for peace talks with Russia that Moscow called “unrealistic and inadequate.”