May 19, 2022

Dubai Week

Complete Dubai News World

European stocks are suffering from the bitterness of the crisis in Ukraine

European stocks are suffering from the bitterness of the crisis in Ukraine

Travel and construction stocks suffered losses in early trade. Loaded Russian forces Ukrainian officials described it as the second phase of the war, this morning, in an attempt to breach security on almost the entire front line, with an expected offensive into eastern Ukraine.

Saw it all European markets Decline according to “Reuters”.

James Bullard, chairman of the Federal Reserve Bank of St. Louis, has reiterated his demand for a 3.5 per cent hike in interest rates by the end of this year, saying US inflation is “too high”.

The score fell 2.6 percent after a French reinsurer said it would suspend fees for conflict-related claims in Ukraine.

In terms of conflict, The Deputy Prime Minister of Ukraine said: Irina Vereshchuk Today, Tuesday, his country failed to agree with Russia for the third day in a row to open any humanitarian corridors to evacuate civilians trapped in Ukrainian cities and towns.

“Today, April 19, unfortunately there are no humanitarian corridors,” Vereshchuk wrote on Facebook.

Intense bombings continued in the Donbass region of eastern Ukraine, where President Volodymyr Zhelensky said Russia had launched a new offensive.

Attempts to open safe passages for the public to exit the besieged southern city of Mariupol have repeatedly failed, with each side blaming the other. And targeting the general public is viral.

“According to Mariupol: (Russians) the public refuses to provide a way out in the direction of Berdyansk,” Vareshchuk added.

He explained that “tough talks” were underway to arrange for the opening of humanitarian corridors in the southern Kersen region and the Kharkiv region in eastern Ukraine.

See also  The dollar is moving towards the peak of the year