
Chairman of the State Duma’s Committee on International Affairs of Russia and one of the participants of talks with Ukraine Leonid Slutsky said that negotiation process with Ukrainian side is difficult. Russia Today website quoted Slutsky as saying in a statement on Thursday that “Kyiv’s representatives “backpedal” after reaching agreements.” ...

The Bank of England raised interest rates to their highest since 2009 on Thursday, hiking by a quarter-point to 1% to counter inflation now heading above 10%, even as it sent a warning that Britain risks falling into recession. The BoE’s nine rate-setters voted 6-3 for the rise from 0.75%, ...