KONIGSWINTER, GERMANY - G7 partners meet Thursday hoping to find a solution for Kyiv's budget troubles as the fallout from Russia's invasion of Ukraine continues to roil the global economy.
Yellen, who is attending the meeting in Koenigswinter, called on US partners to "join us in increasing their financial support" for war-scarred Ukraine. The story is similar in Europe, where the disruptions caused to supplies of raw materials, components and agricultural goods have darkened the outlook.
Around $7.5 billion of the US aid package is earmarked to help plug the hole in Ukraine's government budget caused by the war, a source close to the G7 organisers said. The discussion on how to finance Ukraine's long-term reconstruction was however "just beginning", Yellen said at a press conference in Koenigswinter Wednesday.The outbreak of the war has diminished growth prospects globally and pushed inflation rates even higher.
The continent, which has also been battling decades-high inflation, was "more vulnerable and of course more exposed on the energy front" as prices rise following the Russian invasion of Ukraine, she said.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
BEE is not corruption, says finance minister Enoch GodongwanaMinister of finance Enoch Godongwana on Wednesday took offense to a spirited attack on BEE by MPs during a debate on his budget vote. Under the new dawn anc it is corruption. He’s right it’s not. The idea/ principle of BEE is necessary, it’s application however leaves a lot to be desired. Even the blind see other wise!😔
Fonte: TimesLIVE - 🏆 28. / 59 Leggi di più »
BEE is not corruption, says finance minister Enoch GodongwanaMinister of finance Enoch Godongwana on Wednesday took offense to a spirited attack on BEE by MPs during a debate on his budget vote. Few months back I had no way of taking care of my kids , had no job or money also struggling through the pandemic,so I decided to try Bitcoin trading with the help of steveanthony881 I was able to earn $50,000 now am financially stable. Please do us a curtesy of no lying to us we are not your children... BEEE is an outdated racial law.
Fonte: SowetanLIVE - 🏆 13. / 63 Leggi di più »