The Pakistani rupee has continued to depreciate steeply, as it hit an all-time low of Rs 269.10 against the US dollar in the interbank market, on January 30.

Global inflation remains at sky-high levels after energy and food costs rocketed last year following the invasion of agricultural powerhouse Ukraine by major oil and gas producer Russia.

The Taliban government of Afghanistan has signed an oil extraction deal with a Chinese company, Bloomberg reported on Friday.

Russia warns Germany to not confiscate its assets and their subsequent transfer to Ukraine may create a dangerous precedent in international law, Vyacheslav Volodin, the speaker of the State Duma, Russia’s lower house of parliament, has claimed.

High energy prices will become a new normal in Germany, Finance Minister Christian Lindner warned on Sunday.

While the 3.8 percent on-year expansion was welcome, it was weighed by a 3.0 percent contraction in the key manufacturing sector in the final three months.

Türkiye’s natural gas reserves in the Black Sea now total 710 billion cubic meters, with a market value of $1 trillion, President Recep Tayyip Erdogan announced after a new deposit was discovered and a previous find was revised higher.

President Vladimir Putin has signed a decree on retaliatory measures to the West’s price cap on Russian oil exports.

Tesla will run production for 17 days in January between Jan. 3 to Jan. 19 and will stop electric vehicle output from Jan. 20 to Jan. 31 .

Moscow is ready to resume gas supplies to Europe through the Yamal-Europe Pipeline, Russian Deputy Prime Minister Alexander Novak told state TASS news agency.

The United States is flouting international trade rules by labeling imports from Hong Kong as those from China, the World Trade Organization ruled Wednesday, an outcome that Washington rejects.

Twitter owner and CEO Elon Musk is looking for a new chief executive to lead the company after the platform’s users voted for him to resign, CNBC reported on Tuesday, citing its sources.