CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID BIN MUBARAK AL-SHAFI

Business / World Business

Russian invasion shut down 30% of Ukraine's economy

Published: 19 Mar 2022 - 07:50 pm | Last Updated: 19 Mar 2022 - 07:51 pm

Reuters

The Russian invasion has forced 30% of Ukraine’s economy to stop working, Finance Minister Serhiy Marchenko said in a televised interview on Saturday.
"Our tax revenues do not allow us to cover our needs, (therefore) the main revenue stream is borrowing,” Marchenko said.

Stock Market

Representational file photo Gold prices rise 1% following US data showing decline in job openings
This file photo taken on May 27, 2022 shows staff members walking past the logo of Chinese e-commerce giant Alibaba at its headquarters in Hangzhou, in China's eastern Zhejiang province. Photo by AFP Alibaba soars but Europe, Asia stocks mixed
(Files) Market indicators are displayed on digital screen at the Euronext trading exchange building in La Defense business district, west of Paris, on April 7, 2025. (Photo by Thomas Samson / AFP) Global markets down after Trump Fed firing, tariff threats
Peninsula Dollar holds gains after hot US inflation data trims Fed cut bets

Energy

Connected pipework at a gas treatment facility in the Lensk district of the Sakha Republic, Russia. (Photo by Andrey Rudakov/Bloomberg) World must spend $540 billion a year looking for oil and gas: IEA
File photo / AFP Key OPEC+ members boost oil production
File photo Oil rises on supply concerns amid stalled Ukraine peace talks
File photo Oil slips as markets eye possible Russia-Ukraine talks

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