Tag: European Union

The IMF warns EU countries on deficits, debt ratios
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The IMF warns EU countries on deficits, debt ratios

The IMF warns EU countries on deficits, debt ratios The International Monetary Fund (IMF) has warned European Union countries about their fiscal deficits and debt ratios. In a report released on Tuesday, the IMF said that while the EU’s overall fiscal deficit is projected to decline this year, it will still be above the bloc’s […]

Ukraine and Russia sign a Grain Export Deal
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Ukraine and Russia sign a Grain Export Deal

Ukraine and Russia sign a grain export deal on Friday with United Nations and Turkey. The agreements have cleared the way for desperately needed Ukrainian grain exports, Russian grain, and fertilizers as well. These deals have ended threats to food security around the world. The plan of the United Nations will enable Ukraine to export […]

China Imported Record Oil from Russia at Discounted Price
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China Imported Record Oil from Russia at Discounted Price

Russia has become the largest oil supplier to China China imported a record quantity of Russian crude oil in May as Chinese buyers took advantage of the discounted price. All this happened because Beijing promised normal economic relations with Moscow. Chinese customs data released a report on Friday that China imported 55% more oil year-on-year […]