Finances

GDP rises by 0.2% in July as worker shortages and inflation weigh on activity                                                                                                                                                                                                

Earlier, Joe Biden asked Congress to approve a government funding bill worth $47 billion that includes additional $11.7 billion for military and economic assistance to Ukraine.

Nicaragua has said it is ready to discuss the use of Russian Mir payment cards, according to TASS

European gas prices jumped 5.5% after Russia’s Gazprom shut down supplies via the Nord Stream 1 pipeline

The western states have not helped Afghanistan economically as Russia did during the Soviet times, the Russian Ambassador to the UN Vasily Nebenzia told the UN Security Council.

The drop comes after Fed Chair Jerome Powell struck a hawkish tone on fighting inflation

Russia is set to launch yuan-denominated bond sales after 2023, according to Bloomberg

Bulgaria is ready to resume natural gas import negotiations with Russia’s Gazprom, the government says

Mark Zuckerberg and the FBI came under fire on social media after Meta (banned in Russia as extremist) CEO revealed the FBI requested the social network

Russia and India don’t need the US dollar to conduct mutual settlements, having turned to national currencies, the BRICS president says

Afghanistan has been in desperate need of funds since the United States froze $7 billion of Afghan central bank assets held in US banks after the Taliban* came to power in August last year. Other nations also hold around $2 billion of Afghan assets.

Indian billionaire Gautam Adan hasi launched a bid to acquire a 29 percent stake in New Delhi Television (NDTV) earlier this week by buying shares of one of the network's major shareholders 

Britain’s National Grid will reportedly give rebates of as much as £6 per kWh to customers who leave appliances off during peak hours

Poland proposes giving Eurozone countries the opportunity to return to national currencies