West would be seen as ‘thieves’ if Russian assets seized – Moscow

Russia’s response would be “extremely harsh,” Foreign Ministry spokeswoman Maria Zakharova has warned Russia would consider Western nations “thieves” and would respond with “very harsh” countermeasures should its frozen assets be confiscated, Foreign Ministry spokeswoman Maria Zakharova has warned. Her comments came after the European Council took steps for the potential seizure of interest earned…

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German economy has probably stalled – Bloomberg survey

Growth in the EU’s powerhouse has gotten off to a slow start this year due to persistent economic headwinds, analysts believe The German economy has probably failed to grow again at the start of 2024 after contracting in the final quarter of last year, Bloomberg reported on Monday.

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UK faces long-term cost of Brexit – Goldman Sachs 

The country’s exit from the EU has reduced the size of its economy, analysts say The UK has paid a high price for Brexit, which has spurred inflation and trimmed the size of its economy, Bloomberg reported on Monday, citing economists from Goldman Sachs.

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