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War-Strained Workforce Pushes Russia to Recast Migration Strategy Around Indian Labour 02/11/2026

Hermès Defies Luxury Slowdown as Pricing Power and China Resilience Drive Outperformance 02/12/2026

Chinese EV Export Strategy Shifts Toward Model-by-Model EU Tariff Bargaining After Volkswagen Precedent 02/11/2026

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Economics

Germany is preparing a law on keeping gas storage tanks full

A bill on the mandatory full filling of Germany's gas storage facilities will be ready soon, German Economy Minister Robert Habek said. "The government and I will do everything to protect Germany and the German people from the consequences. We will take similar measures for sectors of the economy...

Consumer Expenditure And Orders For Core Capital Goods Show That The US Economy Going Strong

Consumer spending in the United States climbed more than predicted in January, providing a big boost to the economy at the start of the first quarter, but price pressures remained high, with annual inflation climbing to levels not seen in over four decades. Other statistics released on...

Russia To Face SWIFT Bans And Other Penalties For Ukraine Invasion

The United States and European nations voted on Saturday to impose the most harsh sanctions yet on Russia in response to Moscow's invasion of Ukraine. The latest sanctions target Russia's central bank reserves, with the goal of cutting Russian institutions off from a key global financial network....

EU Imposes New Sanctions On Russia And Says "Putin Must And Will Fail"

President Vladimir Putin "must and will fail," senior European Union leaders warned on Friday as they agreed to fresh sanctions in response to his invasion of Ukraine, claiming he was attempting to return Europe to an era of empires and clashes. Following Putin's declaration of war, Russia...

Russia's Economic Defences Likely To Break Down Over Time In Face Of Western Sanctions, Say Analysts

Despite the fact that Russia has spent the previous seven years reinforcing its financial defences, its economy is unlikely to be able to withstand the Western sanctions in the long run. Following President Vladimir Putin's decision to recognise the independence of two Ukrainian regions,...

Biden: US to release some of its strategic oil reserves

In an attempt to curb the rise in energy prices, the U.S. intends to conduct commodity interventions at the expense of the strategic reserve of oil. The country is now negotiating similar measures with other major global consumers, U.S. President Joe Biden said. In a speech on the situation in...

Analysts expect U.S. GDP growth estimate to remain unchanged in Q4

U.S. GDP rose 6.9 percent year-over-year last quarter and according to the second estimate (if GDP had grown at the same rate for four consecutive quarters), according to analysts polled by Daily FX. The release will be issued by the U.S. Commerce Department's Bureau of Economic Analysis on...

Global oil prices accelerate to 5% growth

According to trading statistics, global oil prices advanced to 5% on Thursday, with April Brent futures topping $102 a barrel for the first time since September 5, 2014, and May futures quotes around $98 a barrel. Brent crude oil futures increased 4.7 percent to $101.4 a barrel in April, after...

Crude Oil Reaches 7-Year High After Russian Military Ops In Ukraine

After Russian President Vladimir Putin launched a 'special military operation' in the eastern region of Ukraine on Thursday early morning, the price of Brent crude went past $100 a barrel, which is the highest for it in the last seven years. Later in the day,...

Russian President Vladimir Putin Announces Special Military Ops In Eastern Ukraine

Russia has launched "special military operations" in Ukraine's Donbas area, as Russian President Vladimir Putin urged other regions of the nation not to meddle in the military operations or suffer repercussions. Even while the military campaign was underway and the threat of a...