A possible curb on Australian LNG exports is another blow to gas markets in the Asia-Pacific region

The gas market in Asia Pacific was dealt another blow after major natural gas producer Australia indicated it may cut liquefied natural gas exports as the region grapples with gas supply shortages, rising prices and competition from gas-deficient European buyers. Australia is looking to reduce its overseas sales in favor of domestic consumption before an … Read more

Zelensky says the first grain ship “nothing” and the economy is in a coma

Inspection of a ship carrying grain from Ukraine in Turkey The shipment is the first of its kind to leave Ukraine in wartime But the Ukrainian leader says more is needed Kyiv urgently needs to ship 10 million tons to cut the deficit Kyiv/ISTANBUL (Reuters) – Ukrainian President Volodymyr Zelensky denied the significance of his … Read more

Russia faces ‘economic forgetfulness’ despite short-term resilience

Russian President Vladimir Putin attends a meeting with parliamentary leaders in Moscow, Russia on July 7, 2022. Alexey Nikolsky | Sputnik | Reuters Several economists said that Russia faces “economic forgetfulness” in the long run due to international sanctions and corporate flight. The International Monetary Fund last week raised Russia’s GDP estimate for 2022 by … Read more