Inflation in France highest in decades

Consumer prices in France have reached their highest rate in over three decades, data from the state statistics agency INSEE showed on Wednesday. According to the report, inflation in the country increased by 0.9% in June from the month before, driving annual inflation to 6.5%, its highest level since 1991. The figures marked the second…

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US wants China, India to pay Russia less for crude

Washington is trying to create a buyers’ cartel that would set a price limit on Russian oil The US State Department believes that China and India, the two current major buyers of Russian oil, should be part of the proposed oil price cap mechanism, Assistant Secretary of State for the Bureau of European and Eurasian…

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Russia-Ukraine grain talks outcome revealed

Moscow and Kiev have agreed to create a “coordination center” on exports in Istanbul, Turkey has said Russia and Ukraine have agreed to establish a joint coordination center on grain exports in Istanbul that will include representatives from all parties, Turkish Defense Minister Hulusi Akar told local media following the four-way talks that also involved…

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