Russia’s economy is doing better than expected despite Western sanctions imposed on Moscow over the war in Ukraine, the International Monetary Fund says in a new report. The sanctions were imposed to sever Russia from the global financial system and choke off funds available to Moscow to finance the war. ...
European gas prices have surged 30 per cent in two days after Russia deepened supply cuts to the continent. Futures contracts for delivery next month tied to TTF, the European benchmark wholesale gas price, jumped 20 per cent on Tuesday to breach €210 per megawatt hour, the highest level since ...