European inflation forecast raised

Benchmark projected to average 8.3% this year, according to the European Commission Inflation will hit 7.6% in the Eurozone and 8.3% in Europe as a whole this year, according to the European Commission’s revised forecasts on Thursday, 1.5% up on the previous predictions.

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US trying to demonize Russia – Moscow

Russia’s ambassador has responded to Kamala Harris’ accusations of ‘crimes against humanity’ Russian Ambassador to the US Anatoly Antonov has slammed accusations by Washington that Russia had committed “crimes against humanity” as an attempt to vilify Moscow and escalate the conflict in Ukraine.

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German energy giant leaving Russia

Wintershall says it is working on divesting from joint projects in the sanctioned country One of Europe’s leading oil and gas companies, Wintershall Dea, announced plans to completely pull out of Russia and is currently exploring ways to withdraw from joint projects in the country.

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