The euro area’s economy may contract later this year, Morgan Stanley economists predict The euro area will slip into a mild recession in the fourth quarter of this year amid reduced energyRead More…
Syria recognizes Donbass Republics – state media
The country becomes second to acknowledge the Donbass republics’ independence, after Russia Syria has recognized the independence of the Donetsk and Lugansk People’s Republics (DPR and LPR, respectively), which announced their intentionRead More…
UK to allow food imports from Fukushima – Guardian
London is lifting the ban imposed after the 2011 nuclear disaster The UK will allow food imports from the Japanese prefecture of Fukushima starting on Wednesday, The Guardian has reported, citing PrimeRead More…
Russia at odds over strong ruble
The government has been debating whether the trend is good or bad for the economy The Russian government is split on how to handle the strengthening ruble, with the Central Bank andRead More…
Serena Williams’ time has passed, says Russian tennis chief
Shamil Tarpischev says the 23-time Grand Slam singles winner will never be able to recapture past form Tennis great Serena Williams will never reach her former levels and her first-round exit atRead More…
NATO adopts new Strategic Concept directed against Russia
Approving the document is one of the main goals of the ongoing summit of NATO leaders in Madrid The leaders of NATO member states on Wednesday approved the organization’s new Strategic Concept,Read More…
Ukraine mulls series of provocations – Russia
Kiev wants to trigger Russian strikes on civilians and stage a fake chemical weapon attack, Moscow claims The Ukrainian government is setting the stage for a number of provocations that would falselyRead More…
Chelsea poised for first major post-Abramovich signing
The west London giants are said to be closing in on Brazil and Leeds United star Raphinha Chelsea are in line to make their first major signing of the post-Roman Abramovich eraRead More…
Germany calculates costs of Russian gas supply cut
The losses could amount to almost €200 billion this year, Bild reports The German economy could lose 12.5% of its annual output if Russian natural gas supplies are abruptly stopped, Bild tabloidRead More…
‘Russian salad’ sours mood at NATO summit – media
Attendees were reportedly bewildered to find the dish atop the in-house restaurant menu The choice of salad at Tuesday’s NATO summit in Madrid, Spain has reportedly caused a stir among attendees, afterRead More…