Russian President Vladimir Putin’s estimate for Gross Domestic Product growth by the end of 2025 is 1 %, compared to 4.1 % in 2024.

According to the Russian leader, the nation’s inflation will remain stable, not exceeding 6 %, which is within the national plan.

Putin stated this in a live televised address, adding: “The conditions and opportunities have now been created to begin gradually increasing economic activity. This will be achieved while maintaining low unemployment and, of course, controlled inflation, which, according to the Central Bank of Russia’s forecasts for next year, will be between 4 % and 5 %.”

Putin emphasized that they already have a plan for profound economic reforms by 2030, estimating that by the end of 2026 they will achieve a national economic growth rate no lower than the global average.

M.Pino

Source: bancaynegocios

(Reference image source: Anastasia Kochemasova on Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on X/Twitter and Instagram

La entrada Putin estimates GDP growth of 1 % by the end of 2025 apareció primero en Bitfinance.

Ecuadorian President Daniel Noboa proclaimed a state of internal armed conflict in the country through a decree, an unprecedented measure that comes in response to the violent takeover of TV channel TC by armed men during a live broadcast.

In a statement posted on its X account (formerly known as Twitter), Noboa announced the signing of the decree, identifying several transnational organized crime groups as “terrorist organizations and belligerent non-state actors.” Among the mentioned groups are “Aguilas, ÁguilasKiller, Ak47, Dark Knights, ChoneKiller, Choneros, Covicheros, Barracks of the Ugly, Cubans, Fatales, Gangster, Kater Piler, Lizards, Latin Kings, Wolves, Los p.27, Los Tiburones, Mafia 18, Mafia Clover, Patrons, R7, Tiguerones”.

Following this announcement, Noboa ordered the Armed Forces to carry out military operations to neutralize these groups. This decision comes at a time of high tension in the country, exacerbated by recent car bombings, bombings, kidnappings of police officers and the detention of officers in the prisons themselves.

The crisis reached a critical point when live television cameras captured the moment when the TC staff were subjected by hooded men, followed by gunfire and screaming, before the police arrived.

Apprehension of kidnappers

The National Police reported through its social networks that it proceeded to evacuate people present in the area to investigate the incident with media workers and restore order. In addition, they reported the capture of several individuals involved in the takeover of the canal, who entered armed and hooded.

This climate of insecurity has led institutions such as the University of Guayaquil and several businesses in Quito to close their doors, evidencing the growing fear of the escalation of violence in the country. The situation remains critical and the authorities continue to respond to the complex and dynamic security situation in Ecuador.

K. Tovar

Source: Descifrado

(Reference image: X, @jarizabaletaf)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada President of Ecuador declared armed conflict apareció primero en Bitfinance.

Lithuania, Latvia, Slovakia and Estonia presented a joint proposal to use the frozen assets of the Russian central bank in countries aligned with the European Union for the reconstruction of Ukraine, an amount that the Lithuanian Finance Minister, Gintare Skaistè, has put at 300,000 millions of euros.

This was reported by the Lithuanian Finance Minister to the media upon entering the Council of Economy and Finance Ministers of the EU, in which she urged “finding a legal way to use the assets of the Russian central bank for the reconstruction of Ukraine. There are frozen 300,000 million euros in countries aligned with Europe.”

Skaistè called on the heads of Economic Affairs of the Member States to discuss the next phase of Ukraine’s reconstruction plan after last week the European Commission proposed 9,000 million in macro-financial aid to Ukraine this year, to face the economic downturn and the reconstruction of the country due to the Russian offensive.

The Lithuanian minister pointed out that the assets of the Russian central bank can be considered as “a war reparation” in relation to the possible violation of international law that such a decision would entail and has argued that “it is not to be used for our benefit but for the damage has been done to Ukraine”.

Click the link to subscribe to our news and media group on Telegram: https://t.me/G_ELSUMARIO_Noticias

Source: dpa

La entrada EU proposes using Russian assets to rebuild Ukraine apareció primero en Bitfinance.

Bitcoin (BTC) and other cryptocurrencies registered a drop in their prices this Tuesday, February 22, due to the increase in tensions between Ukraine and Russia, that caused uncertainty in the stock markets.

Some analysts consider that the “increased tensions between these two countries caused the fall of cryptocurrencies” and the loss of interest of investors due to the risks that the current geopolitical problem means.

Chris Dick, quant trader at London-based crypto market creator B2C2, explained “Bitcoin and cryptocurrencies in general moved in lockstep with Asian stock indices overnight” on Tuesday.

According to Dick, a sell-off first occurred when the Russian president “announced that he would order troops into the Ukraine,” then a “recovery occurred as the market processed the headlines.”

The fluctuations in crypto market

Cryptocurrencies are characterized by their uncertainty and in recent weeks different fluctuations have been recorded. The most important virtual currency, Bitcoin, plummeted to its lowest level in the last two weeks, reaching as low as 36,370 dollars, while Ethereum (ETH) and XRP registered falls of 4 % and 10 %, respectively.

In the morning hours, Bitcoin was trading above $37,000, with losses of around 1.8 %, while Ether reached $2,600, accumulating a drop of approximately 1.6 %.

As will be remembered, Bitcoin achieved a record price in November 2021 when it exceeded 68,000 dollars, but then it collapsed and although there are mixed opinions regarding the recovery of its historical level, Du Jun, co-founder of the Huobi crypto exchange, considers that there are few probabilities for “the cryptocurrency to recover those levels soon, he believes that this would be in 2024 or later.”

M. Rodríguez

Source: valoranalitik.com

La entrada Cryptocurrencies fall due to Ukraine-Russia tensions apareció primero en Bitfinance.