Ukraine’s Economy Likely To Shrink Further In 2023 ...Middle East

Russia’s re-invasion of Ukraine in February 2022 took a heavy toll on the Ukrainian economy. Moscow focused on destroying the Russian-speaking industrial heartland in the southeast, displacing millions of workers, damaging crops, smashing the power grid and blocking exports from Ukraine’s seaports. As a result, Ukraine’s gross domestic product (GDP) plunged 30 percent in 2022 (Me.gov.ua, January 5). Worse had been expected, yet the economy was able to weather the storm largely thanks to Western assistance. In 2023, everything…

Read More Details
Finally We wish PressBee provided you with enough information of ( Ukraine’s Economy Likely To Shrink Further In 2023 )

Also on site :

• CHAI - AI Lab Quantizes Social AI to 4-bit for +56% Increase in Throughput
• US tariffs and blowing the budget ‘among cost concerns for holidaymakers’
• UK Reconsiders North Sea Oil and Gas to Lower Energy Bills