Categories
Russia News

UN reports improved prospects for the world economy and forecasts 2.7% growth in 2024 | KLRT [Video]

UNITED NATIONS (AP) The United Nations reported improved prospects for the world economy since its January forecast on Thursday, pointing to a better outlook in the United States and several large emerging economies including Brazil, India and Russia. According to its mid-2024 report, the world economy is now projected to grow by 2.7% this []

Categories
Russia News

Friendshoring will push up prices at home: author and economist Jeff Rubin – Video

Jeff Rubin, former chief economist at CIBC World Markets, joins BNN Bloomberg to discuss his latest book, ‘A map of the new normal: How inflation, war and sanctions will change your world forever’. Rubin says Western economic sanctions against Russia following its invasion of Ukraine over two years ago have boomeranged by playing a key role in reviving inflation that may be here to stay for a long time. He notes that sanctions against various countries are steadily increasing, and are leading to the consolidation of groups like the BRICS in a changing world order.

Categories
Russia News

Putin arrives in Beijing seeking greater support for war effort [Video]

Russian President Vladimir Putin arrived in China on Thursday to meet with counterpart Xi Jinping as he seeks greater support from Beijing for his war effort in Ukraine and his isolated economy. This is Putin’s first trip abroad since his March re-election and the second in just over six months to China, an economic lifeline