The world’s top reserve currencies have nosedived on the Moscow Exchange amid geopolitical uncertainty The Russian ruble strengthened to new highs against the Euro and US dollar during Friday trading on the Moscow Exchange amid the threat of further Western sanctions, as the two Donbass republics, as well as the Zaporozhye and Kherson regions, are…

Consumer prices in the Eurozone saw massive year-on-year growth of 10% in September, marking a new record high that increases pressure on the European Central Bank (ECB) to aggressively tighten monetary policy.

EU energy ministers on Friday approved their first package of emergency measures in response to the deepening energy crisis in the bloc driven by skyrocketing prices. The package, negotiated in less than a month, includes mandatory power savings, a cap on excess market revenues and a levy to capture surplus corporate profits.