The world’s 500 richest people have lost a cumulative $1.4 trillion since the beginning of the year, according to Bloomberg’s ‘Billionaires Index’. According to their calculations, the globe’s most wealthy became poorer by $206 billion on Monday alone.

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The European Commission has published its first international tender for the collective purchase of liquified natural gas (LNG) through a new EU mechanism, its vice-president for interinstitutional relations, Marosh Shefchovich, said on Wednesday.