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Time for record global oil demand may have already passed Russia says

Days of peak oil consumption might be over for the global economy and the trend may impact Russia’s budget revenues, the country’s Deputy Finance Minister Vladimir...
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Chinese retail giantJDcombecomes first big online shop to accept digital yuan in 3mn lottery...

China is set to hold one of the biggest trials of its sovereign digital currency, making it available for payments at one of its biggest e-commerce...
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Russia to scrap tax agreement with Netherlands as proposed approach fails to combat capital...

Russian lawmakers initiated denouncing a tax agreement with the Netherlands. The deal was designed to avoid double taxation, but so far negotiations have come to a...
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British index provider to drop eight Chinese corporations after US blacklisting

FTSE Russell, an arm of the London Stock Exchange, announced plans to delete shares of eight Chinese firms from certain products shortly after Washington added them...
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Smaller Russian oil corporations oust energy giants from top of WWF environmental rating

Russia’s oil and gas companies have demonstrated distinctly higher transparency of ecological information, with minor firms taking lead positions in the annual ranking by the World...
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Saudi oil exports to US slump to 35 year low

Saudi Arabia’s crude oil exports to the United States fell to the lowest in 35 years in October, averaging less than 100,000 bpd....
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China turns on nuclear powered artificial sun TEN TIMES hotter than the real thing

Beijing has successfully powered up its “artificial sun” nuclear fusion reactor for the first time, China’s People’s Daily reported on Friday. It’s designed to be a...
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Germany hopes to reach deal with Biden on Russian Nord Stream 2 pipeline project

German Foreign Minister Heiko Maas expects the longstanding issue of the Russian gas pipeline project, Nord Stream 2, to be settled after Joe Biden takes office...
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US Dollar slide expected to continue into next year on risky bets stimulus...

The US currency’s downward trend is likely to last at least another six months as investors continue to shift to risky assets and higher returns, a...
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Pakistan calls for debt relief for poor countries struggling with Covid 19 pandemic

The international community should offer substantial help to developing countries struggling to avert economic collapse amid the coronavirus crisis, according to Pakistan’s Prime Minister Imran Khan....

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