Updated on 03/17/2022 07:19 pm Western countries are “putting their own safety at risk” when arming Ukraine, the Russian ambassador Vasili Nebenzia warned the UN Security Council, who said that this supply of weapons supposes “add fuel to the fire” and that “will have tragic repercussions”. “We see how weapons of all kinds continue to […]
Tag: Russia
Oil rebounded 8.4% and again exceeded the threshold of US $ 100
The price of texas intermediate oil (WTI) rose 8.4% this Thursday, March 17, to 102.98 dollars per barrel, after a new fear of a prolonged conflict in Ukraine after the Kremlin refused to suspend its offensive, which could affect supplies from the black gold The data of the New York Mercantile Exchange (nymex), at the […]
Biden raises the tone against Putin and calls him a murderous dictator
US President Joe Biden raised the tone on Thursday against his Russian counterpart, Vladimir Putin, describing him as a murderous dictator who has authorized inhumane attacks on Ukraine. The US president used those words a day after calling Putin a war criminal for Russia’s tactics in its invasion of Ukraine, something the Kremlin considered unacceptable […]
ECB willing to adjust debt purchases to the evolution of Russia’s invasion of Ukraine
The purchase of debt by the European Central Bank (ECB) may be adjusted to the evolution of the economic consequences of the war in Ukraine after the Russian invasion, admitted its president, Christine Lagarde, who declared that “options remain open” in that area. “We have decided that if the outlook changes and financial conditions become […]
Russia threatens Bosnia if it joins NATO with a response from Moscow
The Russian ambassador to Bosnia Herzegovina, Igor Kalbukhov, warned that Moscow reserves a response in case the Balkan country decides to join the North Atlantic Treaty Organization (NATO), something that the Bosnian government condemned as a “clear threat”. ”. “If (Bosnia-Herzegovina) decides to be a member of something, it is an internal thing. Another thing […]
Russia’s creditors await funds as Moscow says it paid off its debt
Russia said on Thursday it had made debt payments due this week, but the announcement did not end waits for what could be Moscow’s first default on a foreign loan in more than a century, as creditors said they had not yet received the funds. Moscow was due to pay $117 million in coupons on […]
Russian invasion of Ukraine will halve German growth in 2022, says IfW Kiel Economic Institute
Updated on 03/17/2022 12:45 pm Russia’s invasion of Ukraine will significantly affect Germany’s economic recovery and will halve the forecast growth of Gross Domestic Product (GDP) in 2022 to 2.1%, the IfW Kiel economic institute said. The consequences of the conflict should reduce GDP by “about 90,000 million euros [US$ 99,000 millones] this year and […]
ExoMars mission suspended due to end of cooperation with Russia, ESA announces
Updated on 03/17/2022 12:42 pm The European Space Agency (ESA) confirmed the suspension of the Russian-European Exo-Mars mission and is looking for alternatives to carry out four other missions, after the suspension of cooperation with the Russian space agency Roskosmos due to the war in Ukraine. In a statement, the governing council of the THIS […]
OECD: Russia’s invasion of Ukraine can subtract two GDP points from the EU and one from the world
The war in Ukraine will reduce the growth of the world economy by one point during the first year and the impact will be higher in the European Union (EU), where in the event of a complete interruption of energy imports from Russia the effect could be close to two points of GDP. This is […]
Russians have up to $213 billion stashed away in Swiss banks
Updated on 03/17/2022 10:26 am Switzerland’s secretive banks hold up to $213 billion of Russian wealth, according to estimates from the country’s financial industry association, after sanctions on Russia provided a glimpse inside Swiss vaults. The Swiss Bankers Association (SBA) estimated that the banks hold between 150 billion and 200 billion Swiss francs ($213 billion) […]