Ukraine’s GDP may fall between 30%-50% in 2022 – Finance Minister
(Reuters) – Ukraine’s gross domestic product (GDP) may fall between 30% and 50% this year, Finance Minister Serhiy Marchenko said in televised comments on Saturday. …
Minister
Ukraine’s prime minister, finance officials to visit Washington next week
By Andrea Shalal WASHINGTON – Ukrainian Prime Minister Denys Shmyhal and top Ukrainian finance officials will visit Washington next week during the spring meetings of …
British finance minister Sunak requests review of his financial declarations
(Reuters) – Britain’s finance minister Rishi Sunak said on Sunday he had asked Prime Minister Boris Johnson for a review to determine whether he had …
Growth in Germany to fall to 1.5%, labour minister warns – Bild am Sonntag
BERLIN – Germany’s economic growth could fall to 1.4%-1.5% this year, from 2.7% in 2021, with an average of around 590,000 people on reduced-hours lay-off …
Sri Lanka’s president will not resign, despite protests – minister
By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO -Sri Lankan President Gotabaya Rajapaksa will not resign, a minister said on Wednesday, despite demonstrations against his handling …
Georgian foreign minister resigns, to become ambassador to U.S. – TASS
(Reuters) – Georgian Foreign Minister David Zalkaliani resigned from his post on Monday to become his country’s ambassador to the United States, TASS news agency …
Slovak minister says paying in roubles could be an option as country needs gas
PRAGUE – The economy minister of Slovakia, which relies on Russian gas for around 85% of its demand, said the country could not be cut …
Britain could build seven nuclear power stations – minister
LONDON – Britain could build up to seven new nuclear power stations as part of a radical expansion of homegrown energy following Russia’s invasion of …
Nepal’s prime minister visits India, meets Modi to deepen ties
By Gopal Sharma KATHMANDU -Nepal’s Prime Minister Sher Bahadur Deuba met his Indian counterpart Narendra Modi and inaugurated the Himalayan nation’s only railway link with …
India’s NTPC $2.81 billion power plant may face supply issues from Russian entities -minister
NEW DELHI – NTPC Ltd’s $2.81 billion coal-fired power plant, which is currently under construction in India, may face supply issues from Russian entities, India’s …
EU recovery fund could be repurposed over Ukraine – German Finance Minister
BERLIN – The European Union recovery fund set up to help the bloc recover from the COVID-19 pandemic could be repurposed in light of the …
India’s aviation minister urges airlines to add more long-haul jets
By Abhijith Ganapavaram and Chandini Monnappa HYDERABAD, India – India’s civil aviation minister urged Indian airlines on Friday to add more long-haul aircraft to their …
Germany makes progress in cutting back on Russian energy, minister says
BERLIN -Germany has made significant progress towards reducing its exposure to imports of Russian gas, oil and coal since Russia invaded Ukraine, Economy Minister Robert …
Ukraine’s new agriculture minister warns over global food prices
LVIV, Ukraine – Ukraine’s new agriculture minister said on Friday that Ukraine’s grain stocks for export amount to $7.5 billion but did not say what …
Singapore can deploy more fiscal, monetary policy measures if needed – Finance Minister
SINGAPORE – Singapore’s finance minister said on Tuesday the city-state’s economy should continue to grow this year, but authorities were ready to deploy more fiscal …
Turkish finance minister says rise in energy prices accelerating inflation
ISTANBUL – Turkish Finance Minister Nureddin Nebati said on Saturday the global rise in energy prices was accelerating inflation in the country, but Ankara would …
Putin should be recognised as war criminal, Ukrainian defence minister tells EU lawmakers
BRUSSELS – Ukrainian defence minister Oleksii Reznikov told European Union lawmakers on Wednesday that they should recognise Russian President Vladimir Putin as a war criminal …
Saudi Arabia, UAE Welcome UK Prime Minister For Oil Talks After Reportedly Shunning Biden
Saudi Arabia, UAE Welcome UK Prime Minister For Oil Talks After Reportedly Shunning Biden Thomas Catenacci on March 16, 2022 U.K. Prime Minister Boris Johnson …
Italy needs at least 3 years to replace Russian gas imports, minister says
ROME -Italy will need at least three years to completely replace its gas imports from Russia with other energy sources, Ecological Transition Minister Roberto Cingolani …
Ball in U.S. court on Russian Eurobond payments, Finance Minister says
– The ball is in the United States’ court as to whether payments due on Wednesday on two Russian dollar-denominated Eurobonds will go through, and …
Iran’s foreign minister in Moscow, hopes for Russian support for nuclear deal -ISNA
DUBAI – Iran’s foreign minister Hossein Amirabdollahian arrived in Moscow on Tuesday and expressed hopes his visit would lead to Russian support for a “good, …
Ukraine finance minister says hryvnia currency will remain stable
LVIV, Ukraine – Ukrainian Finance Minister Serhiy Marchenko said on Monday he believed the hryvnia currency rate would remain stable. “Exchange rate stability will be …
Sri Lanka finance minister meets top IMF official amid economic crisis
By Uditha Jayasinghe COLOMBO – Sri Lanka’s finance minister held talks with a top International Monetary Fund (IMF) official on Monday, two sources said, as …
Russia to use yuan from its forex reserves, finance minister says
– Russia will use Chinese yuan from its foreign exchange reserves after Western sanctions blocked Moscow’s access to the U.S. dollars and euros in the …
Ukraine to start 2022 spring sowing in coming days – deputy minister
LVIV, Ukraine – Ukraine plans to start sowing spring grains in the coming days and has enough grain in stocks to ensure the population has …
Exclusive-Chile tax reform to focus on individuals, natural resources, finance minister says
By Fabian Cambero SANTIAGO – Chile’s tax reform, a key plank of new President Gabriel Boric’s economic plan, will focus on individuals, natural resources and …
G7 energy ministers to discuss next steps on Russian oil and gas -UK minister
LONDON – G7 energy ministers will meet on Thursday to discuss what more the West can do to reduce its dependence on Russian oil and …
Thai GDP growth may miss forecast this year over Ukraine crisis – Finance Minister
BANGKOK – Thailand’s economy may grow less than the 3.5 to 4.5% forecast this year due to the impact of the Ukraine crisis on tourism, …
Western nations plan more sanctions on Russia – Canada’s foreign minister
BUCHAREST – Western states will announce more sanctions against Russia following its invasion of Ukraine, Canadian Foreign Minister Melanie Joly said on Monday during a …
Honduran minister says new mining restrictions not retroactive
By Gustavo Palencia TEGUCIGALPA – The Honduran government’s recent push to sharply restrict mining will not apply to existing projects, the country’s environment and mining …
No risk for Polish zloty to remain weak in long-term, says prime minister
WARSAW – There is no risk that the Polish zloty will remain weak in the long-term, Poland’s prime minister said on Friday, adding the government …
Russia Could Fire Missiles At Itself In False Flag Attack, Ukraine’s Foreign Minister Says
Ukraine’s minister of foreign affairs, Dmytro Kuleba, said Thursday that Russia might be planning a false flag attack by firing missiles at itself. “Worrying reports: …
Brazil economy minister backs bigger cooking gas subsidies as crude costs soar -sources
By Marcela Ayres and Bernardo Caram BRASILIA – Brazil’s economy minister backs a proposal to expand cooking gas subsidies for low-income families in response to …
Brazil to launch national fertilizer plan to stimulate investments -minister
SAO PAULO – Brazil’s agriculture minister, Tereza Cristina Dias, said on Wednesday the country will soon launch a national fertilizer plan to stimulate investments in …
UK to press for more sanctions at G7 meeting, says foreign minister
LONDON – British foreign minister Liz Truss said on Sunday she would press for further measures against Russia, particularly in cutting off their oil and …
Ukrainian Defense Minister says Russians taking heavy losses, resorting to looting businesses for fuel, supplies
Kyiv, Ukraine – Deputy Minister of Defence of Ukraine, Hanna Maliar said on Saturday that Russia’s invasion isn’t going as well as Vladimir Putin had …
France in favour of cutting off Russia from SWIFT – Ukrainian minister
– Ukrainian Foreign Minister Dmytro Kuleba said on Saturday French Foreign Minister Jean-Yves Le Drian had supported cutting off Russia from the global SWIFT payment …
Russia says sanctions will make borrowing more expensive -economy minister
MOSCOW – Economy Minister Maxim Reshetnikov on Friday said Russia was studying the long-term implications of new sanctions and admitted that the measures imposed would …
Greece sees no disruption in gas flows, suppliers line up cargoes -minister
ATHENS – Gas flows to Greece are smooth and Greek gas suppliers have lined up additional gas cargoes if needed, Energy Minister Kostas Skrekas said …
Russian foreign minister to hold talks with Donbass officials on Friday
MOSCOW – Russian Foreign Minister Sergei Lavrov will hold talks with officials from the self-proclaimed Donetsk and Luhansk republics of eastern Ukraine on Friday on …
French Finance Minister Le Maire: we want to isolate Russia financially
PARIS – French Finance Minister Bruno Le Maire said on Friday that the European Union wanted to isolate Russia financially, as he spoke alongside his …
Rosatom’s application to buy stake in German reprocessing plant withdrawn – German minister
BERLIN – An application by Russian state nuclear power company Rosatom for permission to buy a stake in a nuclear fuel reprocessing plant in Lingen …
Finland’s former prime minister pulls out from Sberbank board
HELSINKI – Finland’s former Prime Minister Esko Aho has withdrawn from the board of Russia’s largest bank Sberbank due to the latest developments in Ukraine, …
Germany can ensure energy supply without Russian gas – econ minister
BERLIN – Germany can guarantee security of supply even without Russian gas or oil, Economy Minister Robert Habeck said on Thursday. “We will have to …
Thai fiscal, monetary policy to help ensure full recovery in 2024 -Finance Minister
BANGKOK – Thailand’s fiscal and monetary policy are still operating together to achieve 4% economic growth this year and ensure a full economic recovery, its …
French finance minister: keeping close eye on rising wheat prices
PARIS – French Finance Minister Bruno Le Maire told BFM TV and RMC Radio on Wednesday that he was keeping a close eye on rising …
Russia’s energy minister deems oil price of $55-70/bbl as ‘optimal’
MOSCOW – Russia’s Energy Minister considers the oil price of between $55-70 a barrel as ‘optimal’ for the market, according to an interview published on …
Should Johnson resign? UK doesn’t need a vacuum right now, minister says
LONDON – Britain does not need a vacuum at the heart of government right now due to the gravity of the Ukraine crisis, a junior …
China’s foreign minister says U.N. human rights chief can visit Xinjiang
– U.N. human rights chief Michelle Bachelet can visit Xinjiang, China’s Foreign Minister Wang Yi said on Saturday, but China does not welcome any investigation …
Nord Stream 2 on table for Russia sanctions – German foreign minister
MUNICH – All options are on the table regarding sanctions on Russia in the event it attacks Ukraine, including the Nord Stream 2 pipeline intended …