Dollar’s fate in Russia revealed

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Deputy Economy Minister Ilya Torosov expects de-dollarization to only intensify Trading volumes in the currencies of “friendly nations” will multiply in the near future, according to Deputy Economy Minister Ilya Torosov, who expects the de-dollarization of the Russian economy to … Continued

Greens offer solution to UK energy crisis

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The party proposes nationalizing the country’s major energy providers The UK’s Green Party has proposed permanently nationalizing the country’s five major energy companies to ease the current cost of living crisis, The Guardian reported on Wednesday, citing party leaders. “By … Continued

UK inflation smashes 40-year high

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Food and energy led the 10.1% price spike The UK’s consumer price inflation surged to a new high of 10.1% per annum in July, up from 9.4% in June, according to new estimates from the Office for National Statistics (ONS). … Continued