- Putin claims he has never been afraid of anything during public appearance
- Spain experiences first total solar eclipse in over a century
- Hockey Canada upholds suspensions for four players from 2018 World Junior team
- U.S. charges 11 in alleged marriage fraud scheme aiding Chinese nationals
- Swimmer mistaken for shark’s target by 300kg tuna on Spanish beach
- Mount Etna eruption disrupts air traffic in Sicily for sixth consecutive day
- Colombia earthquake death toll surpasses 250 as search for survivors continues
- Putin threatens to seize European vessels in response to cargo seizures
Financial Times - Russian groups fudge freight costs to mitigate impact of G7 oil price cap
Summary of the front page
The Financial Times leads on the news that Russian firms are earning far more from selling crude oil than originally believed due to the inflated cost of shipping which may have boosted revenue by as much as $1bn (£790m) in a single quarter.
The front page also reports the demand for pawnbroking has hit “record levels” because of high inflation, reports the Financial Times. It says people are turning to pawnbrokers to borrow against assets such as jewellery and watches, as options for short-term loans shrink.
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A fortunate victory.
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