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Prime Minister of Lebanon: "The state has gone bankrupt…What a pity."

... strive to minimize the losses that ordinary citizens will inevitably suffer due to bankruptcy. Losses are planned to be distributed among the state, the Central Bank, credit institutions of the country and depositors. Lebanon has been in an economic crisis since late 2019. The country experienced a massive depreciation of the currency, people do not have enough fuel and medicines. Massive power outages often occur. The ability to withdraw cash in dollars or euros in Lebanon has also been limited ...

Spring in Russia began with ‘raining sanctions’

March 1 was marked by the emergence of information about new sanctions against the Russian economy and individuals from all around the world. Japan, Turkey, Canada, South Korea, Singapore and Australia have joined the US, UK and EU sanctions. Six persons of the Russian state fell under Japanese sanctions, including Vladimir Putin, Dmitry Medvedev ...

SEVERAL ENERGY FIRMS HAVE GONE BURST IN THE UK AT ONCE

... an increase in inflation and a slowdown in economic recovery of the region. In addition, at the beginning of autumn, one of the largest fertilizer producers from the United States left the British market. This happened precisely because of the energy crisis that had ‘covered’ Europe. Now a situation of food inflation may arise, as the farmers' costs are rising.

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