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Exclusive: Germany steps up emergency cash plans to deal with blackout

Exclusive: Germany steps up emergency cash plans to deal with blackout

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FRANKFURT, Nov 15 (Reuters) – German authorities are stepping up preparations for emergency cash deliveries in the event of a power outage to keep the economy going, four people involved said, as the country prepares for possible power cuts resulting from the war in Ukraine. Plans include the Bundesbank, Germany’s central bank, hoarding additional billions …

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Exclusive: China canceled EU leader's video speech at major trade expo opening

Exclusive: China canceled EU leader’s video speech at major trade expo opening

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BEIJING/BRUSSELS, Nov 8 (Reuters) – Chinese authorities behind a major trade exhibition in Shanghai have canceled the European Council president’s opening speech which was to criticize Russia’s “illegal war” in Ukraine and call for a reduction in the EU’s trade dependence on China, diplomats said. Charles Michel’s pre-recorded video was meant to be one of …

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From Russia to Money: Georgia Explodes as Russians Flee Putin's War

From Russia to Money: Georgia Explodes as Russians Flee Putin’s War

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At least 112,000 Russians move to neighboring Georgia Georgia is expected to be one of the fastest growing economies Some residents are deprived of housing, education The economy could face a hard landing if newcomers leave TBILISI, Nov 5 (Reuters) – As war suffocates Europe, a small nation pinned under Russia is experiencing an unexpected …

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Canada orders three Chinese companies to quit lithium mining

Canada orders three Chinese companies to quit lithium mining

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China says Canada is breaking trade and market rules Chinese company stocks fall Companies say they don’t expect a major performance hit OTTAWA/BEIJING, Nov 2 (Reuters) – Canada on Wednesday ordered three Chinese companies to divest their investments in critical Canadian minerals, citing national security. In response, China accused Ottawa of using national security as …

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Conflict in Ukraine, sanctions will blow up Russia's finances

Conflict in Ukraine, sanctions will blow up Russia’s finances

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This content was produced in Russia where the law limits coverage of Russian military operations in Ukraine Nov 2 (Reuters) – The cost of Russian military mobilization and the impact of Western sanctions are set to blow government budget forecasts and drain Moscow’s reserves to their lowest level in years, according to the latest analysts’ …

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Grain market braces for price spike as Black Sea corridor uncertain

Grain market braces for price spike as Black Sea corridor uncertain

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Moscow’s withdrawal from deal rekindles global supply fears Halt of grain purchases for Ukrainian seaports, broker says The situation is unclear as other parts of the corridor are planning inspections PARIS, Oct 30 (Reuters) – Wheat futures are set to jump on Monday as Russia’s withdrawal from a Black Sea corridor deal puts Ukrainian exports …

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