The National Grid has declared its intention to decrease electricity consumption on Wednesday, citing “tighter than usual electricity supply margins expected on Wednesday evening.”
The National Grid has declared its intention to decrease electricity consumption on Wednesday, citing “tighter than usual electricity supply margins expected on Wednesday evening.”
Putin is taking swift action to stabilize the rouble by implementing restrictions on Western businesses. In a bid to bolster the faltering rouble, Vladimir Putin has intensified the challenges for
Russia has raised its interest rates to 15%, intensifying its efforts to combat inflation amid labour shortages and a depreciating ruble.
Europe’s major gas supplier, Norway, is diligently following the investigation into the mysterious damage to a Baltic Sea gas pipeline.
President Vladimir Putin dismissed claims suggesting Russia’s hand in the disruption at the Balticconnector gas pipeline, calling them “utterly baseless.”
Vladimir Putin indicated that the reduction in oil supplies by Saudi Arabia and Russia is likely to be prolonged, as the Opec+ group seeks to stabilize prices.
According to the International Monetary Fund (IMF), the UK’s economy is set to lag behind all other G7 nations next year, presenting challenges for Rishi Sunak in the upcoming election.
The rouble has dropped to its lowest level in over 18 months against the dollar, influenced by the ongoing crisis between Israel and Gaza.
The Russian rouble has declined beyond 101 against the dollar, reaching its lowest point since August due to plummeting oil prices affecting Putin’s administration.
The Russian rouble dipped beyond the notable mark of 100 per dollar, but rebounded slightly during early transactions, as Moscow grapples with a diminishing current account surplus.
Oil prices dipped 1% on Friday because of broader economic worries and traders taking profits. However, they surged approximately 30% over the quarter, influenced by OPEC+ production restrictions tightening the