War pushing Ukraine toward debt default

Ukraine is usually burning through cash fast. The intrusion by Russia continues to be costly for the nation. According to the International Monetary Fund, Ukraine’s GDP could shrink by 35% as a result of the particular war. The country’s international grain exports have been severely affected, with a recent offer to restart exports likely to move only some […]

The post War pressing Ukraine toward financial debt default appeared first on Asia Times .

Continue Reading

Japan tentatively cuts stakes in Russia’s Sakhalin 2

SEOUL – Japan’ t Mitsui & Co and Mitsubishi Corp announced on Tuesday that they have slashed their stakes in the Russian Far East-based Sakhalin 2 oil and natural gas project by a combined 217. seven billion yen ($1. 7 billion), based on Kyodo News. However, they are not pulling out of what has been recommended as […]

The post Japan tentatively cuts stakes in Russia’ s Sakhalin 2 appeared first on Asian countries Times .

Continue Reading