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 […]
Tag: Ukraine
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 […]
At least 53 people died in the Russian bombing of Chernigov
Updated on 03/17/2022 07:41 am At least 53 people have died in the bombings attributed to Russian troops in the city of Chernigov, in northern Ukraine, in the last 24 hours, reported Viacheslav Chaus, head of the State Administration of that region in a message on Facebook that collects the ukrinform agency. “The enemy is […]
Washington’s new weapons for Ukraine
The United States said it would give Ukraine long-range defense missiles and Switchblade armed drones, allowing kyiv forces to better defend against Russian aircraft and armor from a distance. The new weapons and equipment that the American president, Joe Bidenannounced for Ukraine include: Long-range S-300 defense missiles Ukraine it has had the ability to shoot […]
Policy on Ukraine might be rational, but is it moral?
By Clive Crook The other night, while driving to Washington, I saw the Kennedy Center lit up in blue and yellow in honor of the Ukrainian flag. For a moment I was proud to confirm that the United States supports Ukraine. And then I remembered that, at that time, Russia was bombing residential areas and […]
In Chernobyl, a hundred employees, “hostages” of the war, fear the worst
“Save our loved ones!”, “Ukraine does not need a second Chernobyl”. About 50 people demonstrated on Sunday in Slavutych, a small town near the famous nuclear power plant, where their relatives have been held since the start of the Russian offensive. Since February 24, a hundred night shift technicians have been unable to leave the […]
European Investment Bank looks at Latin America as an energy alternative to Russia
The vice president of the European Investment Bank (EIB), Ricardo Mourinho Félix, stated that Europe has to look to the other side of the Atlantic, specifically to Latin America, as an alternative to not depend on Russia in terms of energy or food supplies. “We have to look to the other side of the Atlantic. […]
US denounces Russian threat to destabilize the Americas
Updated on 03/16/2022 06:52 pm Russia threatens to destabilize the Americas, accused the head of US diplomacy for Latin America and the Caribbean, Brian Nichols, who warned that Washington will take measures to defend its interests. “There have been threats, not even veiled, by senior Russian officials, who would be trying to take advantage of […]
US drones will allow “deal a blow to Russia”, says the Pentagon
The drones that the president of the United States, Joe Biden, announced that his country will send to Ukraine to defend itself from the Russian invasion will serve to “strike a blow at russia”. This was stated by a high-ranking United States Defense official in a call with journalists, where he did not want to […]
IMF: poor people will be the most affected in Latin America by the Russian invasion of Ukraine
Poor people in Latin America and the Caribbean will bear the brunt of the economic fallout from Russia’s invasion of Ukraine, as the region will face increased inflationary pressure, a senior International Monetary Fund (IMF) official said. “High inflation, especially for food, affects the poor in our region the most. So that is the main […]