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EU central bank warns ‘outlook is darkening’

Europe is facing lower-than-expected economic growth as inflation continues to climb, European Central Bank chief Christine Lagarde revealed on Monday, explaining that the ECB had raised interest rates by 75 basis points in an attempt to control soaring prices. Speaking before the European Parliament’s Committee on Economic and Monetary Affairs on …

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IMF to ‘substantially’ cut global growth outlook — Bloomberg

The International Monetary Fund will significantly reduce its forecast for global economic growth in its next update, according to Ceyla Pazarbasioglu, the IMF’s director for strategy, policy and review, as reported by Bloomberg. “It’s shock after shock after shock which are really hitting the global economy,” she said at a …

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Fitch affirms Belarus ‘ b ‘ with a stable Outlook

On 16 may, Minsk /Correspondent. Learned/. Fitch ratings affirmed long and short-term sovereign credit ratings of Belarus on liabilities in foreign and national currency at level b, forecast “stable”. The rating of Eurobonds of Belarus also confirmed at level, BelTA learnt from the Finance Ministry of Belarus. The rating reflects …

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Sounded unpleasant for Russia, the Outlook for Chechnya

War is simply inevitable. Mental differences between Russians and Chechens are so great that a new war between Nations is inevitable. This was stated by the battalion commander named Dzhokhar Dudayev forces in the ATO Adam Osmayev. “If the Russians can’t even get along with Ukrainians and Belarusians, what can …

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Sounded sad Outlook on Russia

This was not expected. Russian politician, candidate for President of the Russian Federation Grigory Yavlinsky announced the fiction of elections in Russia. “Meanwhile, the state Duma postponed the election of the President on the day of the annexation of Crimea. Apparently, to hold together with the elections a referendum on …

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