British fishermen will be banned from operating in the Barents Sea, one of the world’s largest fisheries for cod and haddock, under new legislation passed by the lower house of Russia’s parliament, the State Duma, on Wednesday.
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Berlin replaced Russian gas with costlier alternatives, with the country’s industrial sector bearing the brunt of higher prices Germany’s decisions since the start of the Ukraine conflict nearly two years ago have cost the country more than €200 billion ($216 billion), the president of the German Institute for Economic Research, Marcel Fratzscher, has estimated. The…
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The old world is giving way to a new order. What key political-economic drivers of change are destined to shape our lives in the medium term? According to an adage that is popular in the financial community, economists are sufficiently competent to correctly predict ten out of five recessions.
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