Inflation in France highest in decades
Inflation in France hit 6.5% in June amid soaring energy prices, according to the national statistics agency
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
Trade among BRICS countries soaring – data
The volume of trade between BRICS countries has continued to rise, according to latest Chinese customs data
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 explains how Russian oil price cap would work
Washington is seeking to set a Russian oil price cap which would ensure continued production, Treasury Secretary Janet Yellen told the WSJ