The World Bank has taken measure of the economic devastation caused by the Russia-Ukraine conflict, predicting double-digit GDP declines in the two countries and recessions in neighboring Belarus and Moldova. Ukraine will be hardest hit, with its economy shrinking by 45.1% in 2022, the UN-affiliated bank said on Sunday in …
Read More »Billionaire predicts ‘most brutal’ financial crisis for Russia over Ukraine
The harsh international sanctions imposed on Russia over the invasion of Ukraine will plunge the country into a never-before-seen economic crisis, billionaire Oleg Deripaska has warned. “I understand this better than the rest. When people say: Are they going to drop the ‘iron curtain’? The ‘iron curtain’ has already been …
Read More »NATO predicts chances of Russian invasion in Baltics
Despite a number of recent warnings that Russia could be on the warpath, NATO sees no signs that Moscow is poised to order an invasion of the Baltic states, one of the US-led military bloc’s top officials has revealed as tensions mount in Eastern Europe. Speaking to reporters in Vilnius …
Read More »US predicts outcome of Russian ‘invasion’ of Ukraine – media
Russia’s armed forces could seize and overrun Kiev in as little as three days should its troops launch an all-out invasion of Ukraine, a top Pentagon official is said to have warned as tensions between the two former Soviet republics continue to flare. In a report on Sunday, right-wing American …
Read More »Lukashenko predicts when Ukraine could join Union State with Russia
Belarusian President Alexander Lukashenko provided his take on the current and future impact of the Ukrainian standoff, in an interview with YouTube channel ‘Soloviev Live’ partly aired by Russian media on Sunday. The ongoing crisis is being stoked from across the Atlantic, Lukashenko said, accusing Washington of actively pushing Kiev …
Read More »Fauci predicts ‘a bit more pain & suffering’ for unvaccinated
Dr. Anthony Fauci said that he is as “confident as you can be” that Omicron cases in the US will hit their peak in mid-February, though he acknowledged in an ABC interview on Sunday that “you never want to be overconfident when you’re dealing with this virus.” Fauci has been …
Read More »Tech giant predicts ‘malware’ chaos
Having to sideload apps would pose a security risk to iPhone users, Apple warned as rivals and lawmakers pushed antitrust measures “The bills put consumers in harm’s way because of the real risk of privacy and security breaches,” Apple’s senior director of government affairs Timothy Powderly wrote in the letter …
Read More »Wall Street bank predicts end of gold era
Bitcoin may overtake gold’s market share in 2022, a Goldman Sachs analyst has said in a research note to clients, as cryptocurrencies and digital assets surge in price and attract increasingly more investor interest. According to a list of 2022 predictions from the bank’s analyst Zach Pandl, Bitcoin will “most …
Read More »Energy supplier predicts when Nord Stream 2 could be certified
The head of German energy company Uniper says the certification of Nord Stream 2 is going as expected and may be completed mid-year. He also believes there is no political influence involved in the process. “I do not see any political influence, the Federal Network Agency is carrying out checks …
Read More »Biden predicts dark winter for the unvaccinated
“If you’re vaccinated and have your booster shot, you’re protected from severe illness and death,” Biden said on Thursday, in brief remarks to the press as he met with his Covid-19 coordination team at the White House. “Due to the steps we’ve taken, Omicron has not spread as fast as …
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