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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.
The price cap on Russian oil introduced by the G7 and EU is being completely ignored, as almost no seaborne crude cargos have been traded below the $60-a-barrel limit, the Financial Times reported on Tuesday, citing Western officials and Russian export data.