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Month: October 2022

World Bank: Ukraine’s war-torn economy will sink 35% in ’22

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Devastated by Russia’s invasion eight months ago, the Ukrainian economy will plunge 35% this year. That’s according to a World Bank forecast Tuesday. The war has destroyed factories and farmland and displaced millions of Ukrainians. The 189-country anti-poverty agency estimates that rebuilding Ukraine will cost at

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World Bank: Ukraine’s war-torn economy will sink 35% in ’22

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Devastated by Russia’s invasion eight months ago, the Ukrainian economy will plunge 35% this year. That’s according to a World Bank forecast Tuesday. The war has destroyed factories and farmland and displaced millions of Ukrainians. The 189-country anti-poverty agency estimates that rebuilding Ukraine will cost at

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‘F— off,’ ambassador tells Elon Musk after unveiling Ukraine ‘peace’ plan

CNN By Catherine Thorbecke, CNN Business Elon Musk drew backlash on Monday from Ukrainian officials, including President Volodymyr Zelensky, for his unsolicited advice on how to bring about “peace” amid Russia’s ongoing invasion of the country. In a Twitter poll, Musk suggested a path to “Ukraine-Russia Peace” that included re-doing elections “under UN supervision” in

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Biden says he’s not going to ‘sit by’ and let Republicans enact ‘extreme policies’ on reproductive rights

By Betsy Klein, Allie Malloy and Maegan Vazquez, CNN President Joe Biden said on Tuesday that his administration is not going to “sit by and let Republicans throughout the country enact extreme policies” when it comes to reproductive health care, announcing new steps to enhance abortion protections as he marked 100 days after Roe v.

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