Economy

EU to seek exemption from US Inflation Reduction Act for European companies
EU to seek exemption from US Inflation Reduction Act for European companies

Bloc reiterates its commitment to maintaining high-level dialogue with US to defend interests of European business.

Russian oil exports rise to a seven-month high in November: IEA
Russian oil exports rise to a seven-month high in November: IEA

Share of Russian oil exports to EU falls to 28% while India’s share expands to 18%, International Energy Agency says.

Asian Development Bank lowers GDP forecast for developing Asia
Asian Development Bank lowers GDP forecast for developing Asia
Türkiye's Togg aims to enter European market in 2024
Türkiye's Togg aims to enter European market in 2024
Global trade set to reach record level of about $32T in 2022: UN report
Global trade set to reach record level of about $32T in 2022: UN report
Europe has just switched gas dependency from Russia to US: Kremlin
Europe has just switched gas dependency from Russia to US: Kremlin

European desire to end dependence on Russia 'absurd, 'completely frenzied,' says spokesman Dmitry Peskov.

Moldova to purchase 5.7M cubic meters of natural gas from Russia amid energy crisis
Moldova to purchase 5.7M cubic meters of natural gas from Russia amid energy crisis

Moldova’s natural gas company to also purchase 3.5 million cubic meters of natural gas from local supplier, says company head.

OPEC+ agrees to continue output cut
OPEC+ agrees to continue output cut