US growth forecast cut
The IMF has cut US economic growth forecasts for 2022 and 2023, citing recession risks Read Full Article at RT.com
Google and Microsoft retrench as recession looms
Google and Microsoft are slowing hiring and even letting workers go as the US economy teeters on the brink
US sees highest inflation in over 40 years
Inflation in the US reached 9.1% in June, the labor department reported on Wednesday
Ukraine wants $9 bn in monthly aid – FT
Kiev demands $9 billion a month from Western allies, the Financial Times reports, as the US and the EU approve smaller packages
Russia’s oil earnings continue to soar – IEA
Russia made more than $20 billion from crude oil exports in June, according to the IEA