The increasingly volatile situation in Kosovo's north has drawn alarm from both the European Union and the United States. According to the statement of the US Embassy, "We urge everyone to display the greatest amount of caution, take prompt action to unconditionally de-escalate the situation, and desist from provocations, threats, and intimidation." The U.S. and EU expect Kosovo and Serbia to...

Ukraine's public debt hit $107.46 billion as of the end of November. The amount of the nation's debt rose by $4.34 billion last month. According to Danil Getmantsev, the chairman of the State Tax Committee, it was 83.1% of the nation's GDP. Mr. Getmantsev stated that the ratio was 48.9% of GDP at the end of 2021. He claims that foreign borrowing to cover the budget deficit is the primary cause of...

In 2021, the average life expectancy for Americans was 76.4 years. This was 0.6 year less than the previous year and was the second year of decline. At the same time, the figure for 2021 is the lowest since 1996, according to data from the US National Center for Health Statistics (NCHS). According to the agency's report, men's life expectancy in 2021 was 73.5 years, while women's was 79.3 years....

Ukraine has been granted permission by the IMF to print hryvnias worth $1.3 billion. The agency has authorized the issuance of up to 50 billion hryvnyas in 2023 in the event of a funding shortfall from abroad. In the event of a lack of foreign funding, the Ukrainian government will be able to print up to 50 billion hryvnias (about $1.36 billion at the Ukrainian National Bank's exchange rate) in...

The Japanese government raised its forecast for economic growth in the next fiscal year on Thursday, citing higher growth in corporate spending and earnings to support consumption. The new forecast, which is being used to prepare the government's draft budget, assumes that Japan will be able to overcome the problem of a slowing global economy due to strong domestic demand and the opening of...

The World Bank (WB) has approved a total of $610m in financial support for Ukraine to meet "urgent needs". The aid package will include a $500 million loan guaranteed by the United Kingdom, as well as funds to support Ukraine's healthcare system. "The Russian invasion in Ukraine continues to have devastating economic and humanitarian consequences, affecting the health sector, critical energy...

According to Baker Hughes, there are now fewer active drilling rigs than in September. During the reporting week, the number of active oil and gas drilling rigs in the US decreased to its lowest level since September. The index fell for the second consecutive week due to falling oil prices, Baker Hughes, a provider of oil services, stated. The number of operational oil and gas drilling rigs, a...

Reuters reports that, despite the relaxation of coronavirus restrictions, the streets of China's major cities are nearly empty. Many residents are either sick or trying not to leave their homes unnecessarily to avoid becoming infected due to severe drug shortages, according to the agency. China's Bureau of Statistics reported 2,000 new cases of COVID-19 for the entire country on December 17th....

Hoegh Esperanza, Germany's first floating liquefied natural gas (FLNG) storage and regasification facility, was launched at the North Sea port of Wilhelmshaven. The state was eager to get the project up and running as soon as possible, so a special law was enacted, and the 26-kilometer pipeline connecting the new terminal to the existing pipeline system was completed in just five months. The...