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.

The spot price has reached a four-month low, but it remains much higher than last year The price of gas in Europe fell below $1,000 per thousand cubic meters during Monday trading for the first time since June 14, according to data from the London Intercontinental Exchange (ICE).

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.