Russian coal exports to China smash five-year high

China keeps stocking up on discounted coal while the West shuns Russian fossil fuels China purchased 7.42 million tons of Russian coal last month, according to data released by the General Administration of Customs on Saturday.

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Real wages surge in Russia

Russia’s real wages in April were 10.4% higher compared to the same period a year ago, the country’s statistics service Rosstat reported on Wednesday. The growth came mostly due to low base effect recorded last year, the agency said, adding that in April 2022 real wages dropped 7.2% because of a rise in the inflation…

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Biden reassures Zelensky on US aid

The American president has vowed to quickly provide more weapons to Ukraine after the Senate passed an emergency spending bill US President Joe Biden has pledged to quickly ramp up military and economic aid to Ukraine once Senate lawmakers approve the emergency spending legislation passed by the House on Saturday.

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