The largest single factor in the reduced growth forecast was a projected economic contraction of 4.1% across Europe and Central Asia.
This Ukraine crisis financing package is even larger than the one the World Bank organized for Covid-19 relief, which topped out at $160 billion.
Earlier this month, the World Bank projected that Ukraine's annual GDP would fall by 45.1%, an astonishing figure for a country of more than 40 million people.Russia's economy is also taking a major hit, largely due to the impact of NATO and Western backed sanctions and trade embargoes.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Cardi B And Offset Introduce Their Son Wave To The WorldRappers Cardi B and Offset, who initially kept the identity of their son quiet, have finally shared photos of their latest addition.
Les mer »
Obama tells stories of animals all around the world in Netflix's 'Our National Parks'“Our Great National Parks” takes viewers to national parks around the world, from the Chilean Patagonia to Kenya's Tsavo East National Park — to the soothing narration of former President Obama.
Les mer »
Ex-Reddit CEO: If Elon Musk buys Twitter he's 'in for a world of pain'Former Reddit CEO says if Elon Musk takes over Twitter he's 'in for a world of pain' and will be 'forced to censor things' due to difficulty of enforcing free speech
Les mer »
Eric Adams Gets COVID After Partying With the Art World, Skater Evan Mock Gets His Own Cryptocurrency, and More Art-World GossipPlus, Chance the Rapper hits up the Chicago gallery scene, and expert tips on rookie mistakes to avoid during the Venice Biennale.
Les mer »
The GR Corolla’s 1980s Grandpa Is The Golf GTI Rival The World Forgot | CarscoopsThe GR Corolla’s 1980s Grandpa Is The Golf GTI Rival The World Forgot | Carscoops carscoops
Les mer »