Soaring interest rates and the end of Covid subsidies have had a big impact on businesses, the outlet reports The world’s corporate sector has been hit by a wave of bankruptcies occurring at a double-digit pace unseen in decades, the Financial Times reported on Monday, citing data from national statistics offices.

Moscow and Minsk must ‘fortify’ their Union State borders, Russia’s defense minister warns Moscow and Minsk need to take “urgent measures” to bolster their military capabilities in the face of an “undeclared war” by the West, Russian Defense Minister Sergey Shoigu warned on Thursday, after meeting with his counterpart from Belarus, Viktor Khrenin.

[unable to retrieve full-text content]