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: war in ukraine
FED rate hike will not severely impact the Peruvian economy
The long-announced and long-awaited rise in the benchmark interest rate of the Federal Reserve from United States this last March 16 was finalized, after several delays. In this way, the Federal Open Market Committee (FOMC) of the US central bank decided to increase the reference operation percentage by a quarter of a point to bring […]
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 […]
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 […]
“Wars are always unjust” defended the pope before the Russian patriarch, an ally of Putin
Pope Francis defended that “wars are always unjust” in the conversation he had with the Russian Orthodox Patriarch Kiril about the invasion of Ukraine, as well as that both churches must unite to seek ways of peace. “Wars are always unjust because those who pay for them are the people of God. Our hearts cannot […]
France will pay half of the energy cost overrun of its companies affected by the crisis
The Government of France presented a plan to mitigate the impact of rising prices in the energy sector. In this sense, they will assume the payment of half of the extra cost of gas and electricity of the companies that are at risk of operating with losses. Thus, companies will benefit – regardless of their […]
Austria and Sweden, the two models that Russia proposes for Ukraine
Austria and Sweden are two countries that do not belong to NATO and whose neutral status Russia cited as an example to apply in Ukraine although, since the Russian invasion, both are questioning the viability of the model. The Ukrainian government, for its part, rejected the proposal, asking for “absolute security guarantees” against Russia. Austria […]