Prime Minister Mikhail Mishustin told Putin that GDP growth may exceed 2% this year and consumer price inflation may not rise above 5% in annual terms.
Russia has been forced into a series of significant retreats in the face of Ukrainian counter-offensives, waged with increasing stocks of Western weaponry, in east & south Ukraine since July.
Unlike EU’s approach of phased ban on 90% of Russian oil by end of year, a price cap would mean allowing countries to continue to import Russian oil but limiting the price.
There are 20 ongoing wars happening around the world as we speak—which of them qualify for a corporate boycott? Companies are only picking their sides.
Putin signed off on legal amendments that require Russian companies to delist their overseas shares, winding up a process that has gathered pace with the annexation of Crimea in 2014.
The rapid ruble recovery gives Putin a major victory back in Russia, where many people fixate on the currency’s ups and downs, even as his military gets bogged down in Ukraine.
Sanctions on energy imports from Russia could have complicated effects on oil & gas supply chains globally, and in Europe, living standards and economic activity could be impacted.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
This agreement is not with regard to any specific project like the planned co-development of fighter engines, but an overarching agreement that will enable a host of joint development and research.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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