Europe predicted the largest gas shortage

Europe predicted the largest gas shortage

Photo: facebook.com/utg.ua Europe may not have enough gas until the end of the heating season – – By the end of March 2022, gas reserves in Europe may decline to 15%, the crisis may drag on until 2025, analysts say. In the coming months, Europe may face the largest gas shortage due to low reserves … Read more

There Will Be a ‘Terrible’ Shock

There Will Be a ‘Terrible’ Shock

Jakarta, CNBC Indonesia – President Joko Widodo (Jokowi) predicts that there will be quite a ‘terrible’ shock when a number of countries begin to tighten their fiscal flows. Speaking at the 2021 National Coordination Meeting and Investment Service Award, Jokowi said that currently all countries are starting to try to reduce their budget deficits back … Read more

Jokowi Talks About Once Snapped at Pertamina’s Managing Director, What’s the Reason?

Jokowi Talks About Once Snapped at Pertamina’s Managing Director, What’s the Reason?

TEMPO.CO, Jakarta – President Joko Widodo or Jokowi said that he once shouted at the President Director of PT Pertamina (Persero) Nicke Widyawati. This is because Pertamina has been slow in executing the investment in the PT Trans Pacific Petrochemical Indotama (TPPI) refinery project. “The investment of US$ 3.8 billion has been around for years, … Read more

Budget deficit for three quarters increased to 40 billion

Budget deficit for three quarters increased to 40 billion

Photo: delo.ua The budget deficit this year is below the forecast – – In September, the general fund of the state budget was reduced with a deficit of almost 27 billion hryvnia. For three quarters of 2021, the deficit of the state budget of Ukraine amounted to UAH 39.8 billion, according to data State Treasury … Read more

Economic recovery in the United States reduces budget deficit

Economic recovery in the United States reduces budget deficit

“The increase in revenue in 2021 can be largely attributed to the rise in income of individuals and businesses,” said the Treasury department in its statement. (Photo: 123RF) – Washington – The U.S. budget deficit narrowed in 2021, after its all-time high in 2020, as the economic recovery helped fill the coffers. The Biden administration … Read more

Fuel crisis. How Britain started a deficit

Fuel crisis.  How Britain started a deficit

Brexit, visa difficulties for foreign workers and restrictions related to the pandemic have created ideal conditions for a crisis in British factories, experts say. In the UK, about 20 vehicles followed a concrete mixer for several kilometers, mistaking it for a fuel truck. This news well illustrates the fuel crisis that the kingdom has been … Read more

Switzerland is running out of chips – Korrespondent.net

Switzerland is running out of chips – Korrespondent.net

Switzerland faces a shortage of chips – – Producers are short of potatoes and will need to import at least 20,000 tons from abroad. Due to constant rains in 2021 and general bad weather in Switzerland, a low potato crop, which led to a shortage of chips, reports The Local. Combined with a 30 percent … Read more

The chip crisis is spreading. Scania stops production at its truck factories in Sweden, France and the Netherlands

The chip crisis is spreading.  Scania stops production at its truck factories in Sweden, France and the Netherlands

According to the quoted source, all major car manufacturers have had to reduce their production in 2021, due to the semiconductor crisis for the car industry. Scania will stop production at its truck factories in Sweden, France and the Netherlands all week, Karin Hallstan, a spokeswoman for the Swedish company, said on Monday. The official … Read more

The blow to the automotive industry continues. Semiconductor crisis deepens, world’s largest chip maker announces price hikes

The blow to the automotive industry continues.  Semiconductor crisis deepens, world’s largest chip maker announces price hikes

According to specialists from JD Power and LMC Automotive, US car sales are expected to fall in August as the global semiconductor shortage and the rapid spread of the Delta version of COVID-19 have affected stocks from dealers, reports Reuters, quoted by Agerpres. Consulting firms expect a 14.3% decline in new car deliveries in August … Read more