EU statistics office Eurostat said on Friday that inflation in the euro area jumped 8.6% in June on an annual basis as the cost-of-living crisis deepened. The rate was up from 8.1% recorded in May, and was higher than expected by economists.
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The country’s bullion may be included in the next round of sanctions, the report says The European Union is working on new sanctions to include Russian gold, people familiar with the matter told Bloomberg on Friday. According to the report, the EU is looking to limit Moscow’s revenue sources.
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Ankara is offering to serve as a middle-man for shipping Ukrainian grain and sunflower oil to the global market, the president says Turkish President Recep Tayyip Erdogan has presented an idea for facilitating agricultural exports from Ukraine, which he wants to discuss with his Russian and Ukrainian counterparts, Vladimir Putin and Volodymyr Zelensky, in the…
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