Finances

The catastrophic floods ravaged the country's cash-strapped economy, with initial estimates suggesting financial losses of around $30 billion. The Shehbaz Sharif-led government has been seeking assistance from foreign governments to overcome the crisis.

France has warned that European electricity prices could surge tenfold next year, compared to 2021

More than half of US student loan borrowers say they will not be able to afford their loan payments when the current moratorium expires in January, according to a Morning Consult poll released Thursday.

Cuba will begin accepting Russia's Mir payment cards by the end of the year, Minister of Tourism Juan Carlos Garcia Granda said on Wednesday.

Tamas Menczer, Hungary’s state secretary for foreign affairs and trade, has predicted an easing of the sanctions on Russia

After the US Bureau of Labor Statistics released its monthly Consumer Price Index (CPI) report on September 13, showing inflation had remained high, the New York Stock Exchange

Visa, Mastercard and American Express have announced they will mark all purchases at gun stores with a new merchant code

Russia’s Ministry of Finance expects over $8 billion in additional revenues from energy exports in August and September

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