2023 was a year of unexpected headwinds, such as the hiking of interest rates by governments across the world, the banking sector instability in the US and..

The OPEC+ grouping’s decision on Thursday to cut production further could end up resuming pressure on the profitability of state-run fuel retailers, delay..

Russia's central bank has raised its key interest rate to 15%, a higher than expected increase of 200 basis points. This is the fourth consecutive rate hike in..

Oil prices dropped more than 4% on Wednesday due to reports of Russia potentially lifting its diesel ban and weak gasoline demand in the US. Brent crude oil..

The Russian ruble has depreciated to nearly 100 per dollar, a significant milestone for both consumers and the government. Efforts by policymakers to stabilize..

Oil prices increased as concerns over global supply were raised due to Russia's fuel export ban. This countered fears of decreased demand driven by macroeconomic..

The Russian central bank on Tuesday raised interest rates by the most it had since the early weeks of the war in Ukraine, a dramatic move that underlines the..

Given such adverse shocks as high inflation, rising interest rates, sluggish investment, and the Russia-Ukraine war, global growth has slowed "to the extent that..

The global economy is slowing down as supply constraints, a war, sanctions against Russia and tension in the global trade environment are pushing up prices and..

The European Central Bank (ECB) raised interest rates by more than expected on Thursday as concerns about runaway inflation trumped growth considerations, even..

In March 2021, as the Bank of Russia hiked interest rates for the first time in three years, Governor Elvira Nabiullina wore a brooch in the shape of a hawk -..