Corner: electricity support to Ukraine in winter, Eastern European countries hold the key | Reuters

Corner: electricity support to Ukraine in winter, Eastern European countries hold the key |  Reuters

Vilnius/Warsaw (Reuters) – A giant transformer built in Ukraine in the 1980s and now disused is being dusted off and ready to go here in Lithuania. He will probably go to Romania in the next few weeks and from there go home to Ukraine. On December 21, a gigantic transformer, built in Ukraine in 1980 … Read more

Central Bank official: Interest rates must be driven to ‘tight zone’

Central Bank official: Interest rates must be driven to ‘tight zone’

With the central bank now signaling a higher final interest rate than many market participants expected, “reaching consensus” on next steps “certainly wouldn’t be easier,” Schnabel said. The German official said the European Central Bank had downplayed the importance of continued inflation previously and “didn’t initially take signs of rising inflation seriously enough” because it … Read more

Eurozone inflation fell to 10.1% in November

Eurozone inflation fell to 10.1% in November

The rate of inflation has slowed down Eurozone In November, it was lower than the preliminary reading, which supports the European Central Bank’s aggressive plans to combat price pressures. Consumer prices in the 19-nation single-currency area rose 10.1% year-over-year, according to Eurostat data released on Friday. At the same time, it was lower than the … Read more

Inflation has decreased in the euro area

Inflation has decreased in the euro area

Frankfurt (Reuters) Eurozone inflation fell much more than expected in November, fueling hopes that the European Central Bank will ease the pace of rate hikes at next month’s meeting.Consumer prices in the 19-nation single currency rose 10% this month after rising 10.6% in October. The increase was much lower than the expectations of analysts polled … Read more

Ukraine needs Patriot surface-to-air missiles to convince Germany = foreign minister | Reuters

Ukraine needs Patriot surface-to-air missiles to convince Germany = foreign minister |  Reuters

The US-made Patriot ground intercept system was needed to defend Ukraine’s civilian infrastructure under heavy attack by Russian forces, Ukrainian Foreign Minister Kuleva said on Thursday. Taken in Mikoraiu in August. Photo provided (2022 Reuters/SES Ukraine/via REUTERS) [ブカレスト 30日 ロイター] – Ukrainian Foreign Minister Kuleba said Thursday that the US-made Patriot ground intercept system is … Read more

Germany consults with allies on sending defense systems to Ukraine | Reuters

Germany consults with allies on sending defense systems to Ukraine |  Reuters

Germany said it was in talks with its allies to send a German Patriot missile defense system to Ukraine at Poland’s request. FILE PHOTO: October 24, 2022. REUTERS/Lisi Niesner BERLIN/WARSAW (Reuters) – Germany said on Wednesday it was in talks with allies to send German Patriot missile defense systems to Ukraine at Poland’s request. This … Read more

Amazon employees go on strike around the world for ‘Black Friday’ | Reuters

Amazon employees go on strike around the world for ‘Black Friday’ |  Reuters

Amazon.com Inc. employees at locations around the world, including the United States, Germany and France, are expected to go on strike to coincide with Black Friday, the year-end shopping season. In the photo the Amazon logo. FILE PHOTO: Rowin Planck, Northern France March 15, 2020. REUTERS/Pascal Rossignol [ベルリン 25日 ロイター] – Amazon.com Inc. employees in … Read more

NATO does not respond to Russia’s nuclear with nuclear = Estonian president | Reuters

NATO does not respond to Russia’s nuclear with nuclear = Estonian president |  Reuters

Estonian President Aral Kalis (pictured left), who is visiting Canada, said on Monday that the only security Ukraine could get is membership of the North Atlantic Treaty Organization (NATO), which it will take some time but it will eventually come to the rice fields. He also met with Prime Minister Justin Trudeau (right). (2022 REUTERS/Carlos … Read more

“A recession in the euro area is very likely,” the researchers wrote

“A recession in the euro area is very likely,” the researchers wrote

Investor confidence in the eurozone economy rose slightly in August after falling to its weakest level in more than two years in July. This follows from a survey, the results of which were published by Sentix. However, according to the head of Sentix, it remains very likely that the Eurozone economy will enter a recession. … Read more