Controversial Waldemar Reuswich took over Vladimir Evtushenkov’s Segezha assets
In light of the sanctions imposed on Russia, billionaire Vladimir Evtushenkov was compelled to sell his European plants, and the buyer turned out to be associated with international…
Continue ReadingEuropean CBDC plans leaked: digital Euro comes with strings attached
Paying interest on or charging fees for the use of a digital euro would be prohibited according to a draft law set to be proposed by the European…
Continue ReadingUK millionaires set sail to Australia and Portugal
The United Kingdom continues to lose millionaires. An outflow of over 3,000 millionaires is expected for this year, double the number from last year, according to an annual…
Continue ReadingWhy Big Mac Index isn’t consistent?
Although the Big Mac Index might lead you to believe otherwise, the Big Mac is not the same all around the world. The Daily Mail delved into the…
Continue ReadingA paradox: we rely on coal to keep our rooms cool
The United Kingdom is experiencing exceptionally high temperatures. The demand for energy for air conditioning and cooling has surged. A coal-fired power station is being used to cope…
Continue ReadingDmitry Kamenshchik: sanctioned&without his yacht yet still filthy rich
Dmitry Kamenshchik, a Russian businessman, serves as the chairman of Moscow Domodedovo Airport, a significant transportation hub in the capital city. He holds the position of sole stakeholder…
Continue ReadingThe World Bank has just raised its outlook for the US, but overall situation seems bleak
The eurozone slipped into recession and Chinese data disappointed, warning signs for global markets that are relieved that the turmoil in the banking sector in March did not…
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