Egypt assesses impact of Ukraine-related crisis
The North-African nation says Russia-Ukraine conflict has cost the national economy $7 billion Egypt’s economy has sustained losses of up to 130 billion Egyptian pounds...
European gas prices forecast to triple
The cost of the fuel on the continent could hit $3,500 per 1,000 cubic meters in winter, Rystad Energy says A “perfect winter storm” may...
Western banks eyeing asset swaps to exit Russia – media
UniCredit and Citigroup are reportedly trying to avoid bulky write-downs related to quitting Russia over Ukraine In an attempt to escape hefty write-downs on operations...
Asthmatics in UK torn between new inhalers and heating bills – media
Rising cost of living in Britain places huge pressure on already stretched health services The sharp increase in the cost of living in the UK...
German industry issues warning over impact of cutting Russian gas deliveries
Halting supplies of the fuel may force companies to shut down The cessation of Russian gas deliveries would have a catastrophic effect on the German...