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Russia assesses results of recovery from sanctions

Western forecasts about the collapse of the Russian economy as a result of sanctions that were issued in early spring have not come to pass, President Vladimir Putin said on Friday. Speaking at the Saint Petersburg International Economic Forum, Putin said predictions about the collapse of the ruble and the …

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White House assesses state of US economy

American consumers may feel gloomy about the US economy, considering the rampant inflation, but its state is actually better than it was only a year ago, White House Press Secretary Karine Jean-Pierre claimed during her regular press briefing on Tuesday. She was commenting on the recent Wall Street Journal-NORC opinion …

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Egypt assesses impact of Ukraine-related crisis

Egypt’s economy has sustained losses of up to 130 billion Egyptian pounds ($7 billion) amid the Ukrainian crisis, according to the country’s Prime Minister Moustafa Madbouly, as quoted by TASS. “The aftermath of the war has placed a huge financial burden on us and we have invested 130 billion pounds …

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NATO assesses risk of ‘full-fledged war’ with Russia

NATO Secretary General Jens Stoltenberg reiterated that the alliance will not send troops to Ukraine and nor impose a no-fly zone over the country, citing the risk of a “full-fledged war between NATO and Russia” as a reason for refusing Kiev’s multiple requests. Speaking to the press before the beginning …

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Fauci assesses chances of more Covid lockdowns

Americans may be in for yet more lockdowns – that’s the stark warning from Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases (NIAID), which he made on Thursday. The official cited a new Covid strain which could potentially increase the number of cases. In an …

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UN chief assesses Russia’s move to recognize Donbass Republics

The United Nations is “greatly concerned” about Russia’s decision to grant recognition to the Donetsk and Lugansk People’s Republics in eastern Ukraine, Secretary-General Antonio Guterres said, deeming the move a violation of Kiev’s sovereignty.  Speaking soon after Russian President Vladimir Putin said Moscow would give “immediate” recognition to the pair …

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UK Defence Secretary assesses possibility of Russia invasion

UK Defence Secretary Ben Wallace, who has just returned from a trip to Moscow, said that he believes it’s “highly likely” that Russia moves to invade Ukraine, even if the former has categorically denied any such plans.  Speaking to the Sunday Times, Wallace cited the alleged build-up of the Russian …

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Telegram CEO assesses impact of Russia’s proposal to ban crypto

Pavel Durov, the executive director and founder of Telegram, one of the world’s most popular messaging apps, has said a proposal to ban cryptocurrency mining and crypto-related transactions via Russian financial services would lead to an inevitable outflow of IT specialists. The ban, which has been touted by Russia’s central …

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