Copper price at lowest level since 2020 as fears over global economy grow
Fall comes amid concerns that soaring inflation will curb spending by large manufacturers
China’s economic growth slumps sharply after Covid lockdowns
Shutdown of cities takes its toll, while property market remains in crisis and global outlook darkens
Russian war slowing growth and hiking inflation, European Commission warns
Body revises economic forecast and says outlook for EU and eurozone heavily dependent on course of war
Europe could face energy rationing as ‘really tough winter’ looms, Shell boss warns
Ben van Beurden says Ukraine war fallout means big rise in bills and possible need to ration supplies
Global recession risk rising as economic outlook ‘darkens significantly’, IMF says
Cost-of-living crisis ‘only getting worse’ says IMF chief Kristalina Georgieva, predicting a tough 2022, and ‘even tougher 2023’
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Neglect Africa now and we will face labour shortages globally, IMF warns
West’s response to effects of Covid and Ukraine war condemned as shortsighted ‘collective failure’ to invest in future human capital
Germany records first monthly trade deficit since 1991 as inflation soars
May’s €1bn deficit came as rising prices, falling demand and supply chain disruption hit industrial base
Europe at risk of recession amid concerns Russia could cut gas supplies
Energy prices had already surged in second half of 2021 but Russia’s invasion of Ukraine has exacerbated this
Inflation in eurozone hits record 8.6% as Ukraine war continues
ECB plans first interest rate rise in 11 years as food prices increase and Putin’s invasion drives up energy costs
Nations must work together through ‘conflict and crisis’ to reduce climate change risks, Albanese tells OECD
Prime minister will say food insecurity has become a significant challenge and Australia has a major role to play in meeting the challenge
£5bn Boots sale abandoned as potential buyers struggle to raise funds
UK’s biggest chemist to stay with Walgreens Boots Alliance as market turmoil makes debt-funded takeovers difficult
UK faces ‘significant risks’ to quality of food imported post-Brexit, says report
Better controls on EU goods needed as impact of Covid and Russia-Ukraine war also put pressure on standards
Proposed price cap on Russian oil moves closer at G7 summit
Western leaders hope to tighten vice around Vladimir Putin without causing backlash at home or in global south