The EU will have a difficult time replacing Russian diesel when a ban on the country’s seaborne oil products and an accompanying price cap come into force on February 5, Bloomberg reported on Friday. According to the outlet, citing ship tracking data from Vortexa, the EU imported about 220 million ...
The International Monetary Fund says Britain faces a “sobering” economic outlook for 2023, as the country experiences a torrid time in the coming months in what is going to be the worst cost-of-living crisis in living memory. “The announced fiscal plan navigates well the difficult tradeoff between fighting inflation and ...