Russian has cut gas supplies to Poland and Bulgaria over their refusal to pay in rubles.Russian energy giant Gazprom said it has turned off gas supplies to the two countries Wednesday morning, and that exports will not be restored until payments are made in the Russian currency."At the close of business on April 26, Gazprom Export did not receive payments for the supply of gas in April from Bulgar...
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Political News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.