The ongoing war in Ukraine will have severe impacts on the economy of that country and beyond. The International Monetary Fund (IMF) predicts that the Ukrainian economy will fall to 35% this year. Ukraine is expected to experience a "deep recession" and "high reconstruction costs" are expected in a context of humanitarian crisis, notes the IMF.
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Russia denies having asked China for military support
Russia has announced, this Monday, that it did not ask China for military support, advanced the New York Times. After denying the request for support, the Kremlin spokesman added that the country had sufficient military influence to achieve its goals in Ukraine. According to Sky News, Dmitry Peskov also said that Russia's plans...
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War: Russia asked China for military aid
Russia has asked China for economic and military aid to continue the war in Ukraine and circumvent the sanctions that have been imposed by the West. The information is advanced by the North American newspaper New York Times. According to the New York Times, which quoted officials who requested anonymity, Russia has asked China for military equipment to...
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Ukraine: Tesla guarantees wages for workers called to war
The invasion of Ukraine by Russia has caused the Ukrainian government to be forced to call in military service in the defense of the country, a measure that will force companies to lay off their workers. Writes the News to the Minute. Aware of this need, Tesla announced that it will ensure the payment of its Ukrainian employees...
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War: Canada Sends 'Specialized Military Equipment' to Ukraine
Canada's Prime Minister Justin Trudeau announced Wednesday that the country will send a new shipment of "highly specialized military equipment" to Ukraine and that he has discussed sanctions against Russia with Ukrainian President Volodymyr Zelensky. "I just spoke with President Zelensky. I let him know that Canada is sending another shipment of...
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Russia wants to besiege Ukraine's capital and warns civilians to retreat
Russian military forces have announced that it will storm the Ukrainian capital, Kiev, where the targets will be state facilities such as the Security Agency and the 72nd Main Center for Intelligence and Psychological Operations. The Russian government spokesman in Kiev warned civilians still in and around the city to withdraw,...
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Russia storms and destroys Ukraine's second largest city
The Russian army left in ruins part of the city of Kharkiv, the second largest Ukrainian city. The attacks occurred, this Tuesday, in specific points, such as the main city square where the local government, the opera and other public buildings are located. The preliminary balance is 10 dead and 20 wounded. The city of Kharkiv...
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War in Ukraine: IMF warns of global economic risk
The war taking place in Ukraine could have repercussions on the global economic recovery. The warning was given by the director of the International Monetary Fund (IMF), Kristalina Georgieva. Through her social network, Twitter, Georgieva said she was "deeply concerned" and warned that Russia's invasion of Ukraine "adds significant economic risk to the...
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Russia vs Ukraine: there are new attacks, downed planes, dead and wounded
The General Staff of the Armed Forces of Ukraine have announced the shooting down of the sixth Russian aircraft, in the Kramatorsk area. Recent updates indicate that more than 40 soldiers were killed, about 10 civilians, and there are dozens of wounded. This information was advanced today by the advisor to the Ukrainian President's Office, Oleksiy Arestovych. Just in the morning...
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War has begun in Ukraine; Nato schedules urgent meeting...
NATO convenes emergency meeting to assess situation The North Atlantic Treaty Organization (NATO) will hold an "emergency" meeting this morning at the level of ambassadors of member countries to assess the invasion of Ukraine. The President of the Republic, Marcelo Rebelo de Sousa, said that Portugal is attentive and will act The President of the Republic, Marcelo Rebelo de Sousa,...