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OECD cuts global growth forecast on war in Ukraine and China’s zero Covid policy

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The OECD estimates that global gross domestic product [or GDP] will reach 3% in 2022 – a deterioration of 1.5 percentage points compared to a projection made in December. Nurphoto | Nurphoto | Getty Images The Organization for Economic Co-operation and Development has become the latest international body to lower its forecast for global growth …

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Why Russia Doesn’t Suffer Even As It Cuts Off European Gas | CNN Business

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London CNN Business — Russia’s increasingly aggressive actions against its European gas customers are taking their toll. The country natural gas exports have fallen by more than a quarter since January. But soaring prices have kept Russia’s coffers bloated as it continues to cut deliveries. Moscow’s gas exports to countries outside its Commonwealth of Independent …

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Russia widens gas cuts in Europe as Gazprom cuts supply from Dutch trader

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A 3D printed gas pipeline is placed in front of the Gazprom logo displayed in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register Gazprom says it cut gas supply to GasTerra Russians cite refusal to pay in rubles The Dane also on the lookout for …

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