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Monday, March 17, 2025

Economy

    UKRAINE: Ukraine's economy will require external assistance for many years to come, said a Senior World Bank Official. Anna Bjerde stated the war-torn nation "also has a lot of potential to turn a lot of its...
    EUROPE/RUSSIA: Amid the ongoing Russia Ukraine crisis which has spurned heavy consequences for surrounding European nations regarding rising oil and fuel prices, the race is on to search for immediate solutions to curb fuel shortages and...

    ECB Raises Rates by Unprecedented 75 Bps to Fight Inflation

    GERMANY: The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday and signalled further hikes, prioritising the...

    EU Proposes Price Cap Amid Putin’s Threats of ‘No Gas, No Oil’

    RUSSIA: The European Union proposed a price cap on Russian gas on Wednesday merely hours after it was provoked by Russian Vladimir Putin’s explicit...

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