Browsing Tag

war

The Russian Ministry of Finance, Anton Siluanov, expressed his willingness to continue to service all the country's sovereign debt obligations, although he warned that he will be forced to make payments in rubles, after the Treasury's refusal to United States to renew the license that until now…
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Russia seeks ways to avoid EU sanctions

Russian authorities reported that the government is creating "mechanisms" to circumvent the sanctions imposed by the European Union as a result of the Russian invasion of Ukraine. The head of the Department of Economic Cooperation of the…

GDP decreases and inflation increases in Germany

The German Economy and Climate Minister, Robert Habeck, admitted that the war between Russia and Ukraine is impacting the German economy and pointed out that the new growth projections for the end of 2022 highlight that the GDP will grow…

Damages from attacks on Ukraine valued at $60 billion

The World Bank affirmed that the costs of material damage suffered by Ukraine since the beginning of the war amount to nearly 60 billion dollars, and warned that the figure does not include the "increasing costs" of the conflict with Russia…

G7 will give 24 billion dollars to Ukraine

The ministers of the countries belonging to the G7 pledged to deliver more than 24 billion dollars in assistance to Ukraine for 2022 and 2023. The group has been concerned about the "continued and brutal aggression of Russia against…

BM estimates growth in Latin America at 2.3%

The World Bank lowered the estimate for GDP growth in Latin America and the Caribbean for this year by about 0.4 points, to 2.3%, as a result of higher inflationary pressures derived from the war between Russia and Ukraine. In a new…

Chevron to reactivate operations in Venezuela

United States President Joe Biden authorized Chevron to start the reactivation of its operations in Venezuelan territory and it is estimated that the decision will be formalized this week, within the framework of the talks between the…