September 28, 2022/EBRD By Volker Ahlemeyer Image Credit: EBRD EBRD President Renaud-Basso and European Commissioner Urpilainen sign Financial Framework Partnership Agreement EBRD and EU step up their close cooperation and longstanding partnership New financial support for MSMEs in Central Asia and Mongolia The European Bank for Reconstruction and Development (EBRD) and […]
World News
EBRD Expects Ukraine’s Economy to Contract by Nearly a Third in 2022
September 28, 2022/EBRD By Vanora Bennett EBRD continues to expect Ukraine’s economy to shrink by 30 per cent in 2022 Bank lowers 2023 GDP growth forecast from 25 per cent to 8 per cent EBRD Regional Economic Prospects (REP) report highlights war-induced uncertainty Russia’s war on Ukraine will cause the latter’s […]
Federal Reserve Issues FOMC Statement
September 22, 2022/US Federal Reserve Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price […]
