Bloomberg Business

EU Should Sanction Russian LNG Imports, Bruegel Recommends

The European Union may need to rely on sanctions to tackle rising imports of Russian liquefied natural gas in order to meet its ban on all fossil-fuel shipments from Moscow by 2027, according to a leading think tank.

Pimco Loads Up on Aussie Bonds on Inevitable Recession Call

Australia is bound for a recession after rapid interest-rate increases, so its sovereign bonds offer a “fantastic opportunity” with many investors underpricing that risk, according to Pacific Investment Management Co.

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