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☆ High company valuations a 'worry,' IMF's capital markets chief says
▼ + stars: | 2024-04-17 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

High corporate valuations could pose a significant risk to financial stability as market optimism becomes untethered from fundamentals, the IMF's director of the Monetary and Capital Markets Department said Tuesday. Financial markets have been on a tear for much of this year, buoyed by falling inflation and hopes of forthcoming interest rate cuts. But that "optimism" has stretched company valuations to a point where that could become vulnerable to an economic shock, Tobias Adrian said. "We do worry in some segments where valuations have become quite stretched," Adrian told CNBC's Karen Tso Tuesday. Adrian, who was speaking on the side lines of the IMF's Spring Meeting in Washington, said that credit markets were a particular area of concern.

Persons: Tobias Adrian, Adrian, Karen Tso Organizations: Monetary, Capital Markets, International Monetary Fund, World Bank Group, Washington DC, Capital Markets Department, Financial Locations: Washington, United States

☆ What Can ‘Green Islam’ Achieve in the World’s Largest Muslim Country?
▼ + stars: | 2024-04-17 | by ( Sui-Lee Wee | Ulet Ifansasti | ) www.nytimes.com time to read: +1 min

The faithful gathered in an imposing modernist building, thousands of men in skullcaps and women in veils sitting shoulder to shoulder. “Our fatal shortcomings as human beings have been that we treat the earth as just an object,” Grand Imam Nasaruddin Umar said. Like fasting during Ramadan, it is every Muslim’s Fard al-Ayn, or obligation, to be a guardian of the earth. Like giving alms, his congregants should give waqf, a kind of religious donation, to renewable energy. Dismayed by the trash sullying the river that the mosque sits on, he ordered a cleanup.

Persons: Nasaruddin Umar, Nasaruddin Organizations: World Bank Locations: skullcaps, Istiqlal, Jakarta, Indonesia

☆ Opinion: The next pandemic threat demands action now
▼ + stars: | 2024-04-17 | by ( Opinion Jaime M. Yassif | ) edition.cnn.com time to read: +9 min

Well, so far US officials are saying they believe there is minimal risk to the public from the latest iteration of bird flu. According to the Global Health Security Index, there are significant gaps in countries’ pandemic preparedness capabilities. Given the impact of Covid, it is deeply disappointing that national governments are not investing the necessary resources to build life-saving pandemic preparedness capacity. Making matters worse, Congress has made major cuts to pandemic preparedness funding, as part of the ongoing appropriations process. Playing the long game also means supporting the World Bank Pandemic Fund, which is designed to invest in long-term pandemic preparedness capacity of low- and middle-income countries.

Persons: Jaime M, Yassif, ”, —, we’ve, US Department of Agriculture —, It’s, Biden, Covid Organizations: Global Biological Policy, Nuclear Threat Initiative, CNN, Yassif Nuclear, US Centers for Disease Control, Prevention, US Department of Health, Human Services, CDC, US Department of Agriculture, Global Health, Brown, Pandemic Center, Gates Foundation, NTI, Johns Hopkins Center for Health Security, Global Health Security, Bank, Fund, pandemics Locations: Texas , Kansas, Texas, Colorado, Covid, United States

☆ Bangladesh’s soaring prices get thousands playing ‘hunger games’ for food
▼ + stars: | 2024-04-17 | by ( Akanksha Sharma | ) edition.cnn.com time to read: +5 min

They’re playing to win every day staples like rice, oil, sugar, lentils and other items that soaring inflation has put beyond their reach. Courtesy Omar Sunny Somrat/SS Food ChallengeThe combination of colorful games and the feel-good factor of nobody going home empty-handed has given Somrat a genuine hit. Courtesy Omar Sunny Somrat/SS Food ChallengeBy 2021, he began organizing contests for village kids competing in games and winning prizes like home appliances. A year later, though, he stumbled onto the winning formula when food prices soared and the Bangladeshi currency, the taka, depreciated in value against the US dollar. Between 2022 and 2023, food prices in Bangladesh jumped by 9%, the highest average rate in 12 years, according to the country’s Bureau of Statistics.

Persons: Mohammad Abdur Rouf, can’t, I’d, Omar Sunny Somrat Abdur —, —, Omar Sunny Somrat, They’re, “ It’s, ” Somrat, Somrat, ”, taka, Munir Uz Zaman, Ruchir Desai, Desai, Asma Khatun Organizations: CNN, SS, SS Food, Bank, YouTube, Facebook, greenback, country’s, Statistics, Getty, Asia Frontier Investments, International Monetary Fund Locations: Chapra, Bangladesh, Ukraine, Banwarinagar, Pabna, Purandarpur, Pabna District, Dhaka, AFP

☆ Treasury Department plans to impose Iran sanctions correction
▼ + stars: | 2024-04-16 | by ( ) www.cnbc.com time to read: 1 min

This article has been updated to correct that Yellen's comments were from remarks ahead of the International Monetary Fund and World Bank's Spring Meetings this week.

Organizations: International Monetary Fund

☆ Geopolitical strife is roiling Wall Street. Here’s what investors are watching
▼ + stars: | 2024-04-16 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Those what-ifs could further roil gas and oil prices. But if there’s further conflict, he said, “you’d see a much higher premium for oil prices. If there’s a de-escalation of tensions between Israel and Iran, they said, oil prices should come down over the next few weeks. But if there’s an escalation in conflict, they expect that oil prices could jump to more than $100 per barrel, they wrote in a note Monday. Retail sales rose 0.7% in March from the prior month, a slower pace than February’s upwardly revised 0.9% gain, the Commerce Department reported Monday.

Persons: New York CNN —, JPMorgan Chase, Jamie Dimon, ” Dimon, Jerome Powell, We’ll, Christine Lagarde, Andrew Bailey, Dave Sekera, Israel doesn’t, ”, “, Moody’s, there’s, Chris Isidore, Pete Muntean, Sam Salehpour, Read, Bryan Mena, Claire Tassin Organizations: CNN Business, Bell, New York CNN, Dow, JPMorgan, International Monetary Fund, IMF, Bank, Bank of Canada, Seven, European Central Bank, Bank of England, Morningstar, Nvidia, AMD, Wall Street Journal, Federal Reserve Bank of New, Boeing, Federal Aviation Administration, Alaska Airlines, Commerce Department, Morning, Amazon Locations: New York, Russia, Ukraine, China, United States, Washington ,, Iran, Israel, Federal Reserve Bank of New York

☆ Treasury Department plans to impose new sanctions on Iran after Israel attack
▼ + stars: | 2024-04-16 | by ( Ryan Anastasio | ) www.cnbc.com time to read: +1 min

US Treasury Secretary Janet Yellen attends a press conference at US Ambassador's residence in Beijing on April 8, 2024. U.S. Treasury Secretary Janet Yellen is preparing new sanctions on Iran after the country launched hundreds of drones and missiles at Israel over the weekend. "The attack by Iran and its proxies underscores the importance of Treasury's work to use our economic tools to counter Iran's malign activity." Israel said it intercepted 99% of the more than 300 projectiles from Iran. The U.S. has imposed hundreds of sanctions on Iran and its proxies in recent years for their connections to terrorism and for the country's missile program.

Persons: Janet Yellen, Yellen Organizations: US, Treasury, International Monetary Fund, country's Locations: Beijing, Iran, Israel, Iranian, Syria, The U.S, Red

☆ I.M.F. Sees Steady Growth but Warns of Rising Protectionism
▼ + stars: | 2024-04-16 | by ( Alan Rappeport | ) www.nytimes.com time to read: +1 min

The global economy is approaching a soft landing after several years of geopolitical and economic turmoil, the International Monetary Fund said on Tuesday. But it warned that risks remain, including stubborn inflation, the threat of escalating global conflicts and rising protectionism. In its latest World Economic Outlook report, the I.M.F. projected global output to hold steady at 3.2 percent in 2024, unchanged from 2023. The forecasts came as policymakers from around the world began arriving in Washington for the spring meetings of the International Monetary Fund and the World Bank.

Organizations: International Monetary Fund, World Bank Locations: Ukraine, Washington

☆ India’s economy and elections: Is the hype around Narendra Modi’s vision justified?
▼ + stars: | 2024-04-16 | by ( Diksha Madhok | Rachel Wilson | ) edition.cnn.com time to read: +9 min

New Delhi/London CNN —In just a few days, India will commence the world’s largest democratic election. So, is the hype around Modi’s India, which remains a largely impoverished country, justified? The world’s largest biometric database has also helped the government save millions by reducing corruption in welfare initiatives. Domestic investors, both retail and institutional, have been driving India’s stock market to unprecedented peaks. Still, India’s economy, much like its democracy, is far from perfect.

Persons: Narendra Modi, Indranil Mukherjee, Modi, Himanshu Sharma, Guido Cozzi, Arun Sankar, Billionaire Elon Musk Organizations: London CNN —, Getty, CNN, World, University of St, Unified, Bank, ”, National Stock Exchange of India, bourse, Bombay Stock Exchange, NSE, Shenzhen Stock Exchange, Hong Kong Exchange, World Federation of Exchanges, Macquarie Capital, Apple, Foxconn, Billionaire, International Labour Organization Locations: New Delhi, London, India, China, Beijing, Ajmer, Rajasthan, University of St Gallen, Switzerland, Asia’s, Washington, Sriperumbudur, Chennai, Mumbai's Churchgate, AFP

☆ Middle class wiped out: Half of Myanmar’s people forced into poverty by civil war, UN report finds
▼ + stars: | 2024-04-12 | by ( Helen Regan | ) edition.cnn.com time to read: +5 min

CNN —Once considered among the most promising economies in Southeast Asia with a growing middle class, Myanmar is now suffering from soaring levels of poverty as a devastating civil war drives tens of millions further into destitution, according to a new United Nations report. Poverty has not only doubled but people are also more deeply poor, the report found. Wignaraja said Myanmar’s middle class is “literally disappearing.”“A 50% collapse of the middle class over two and a half years is quite astounding for this country, but for any country,” she said. The value of Myanmar’s local currency, the kyat, has plummeted, along with rising costs for food and other basic necessities. “We call on all stakeholders — inside and outside Myanmar — to take action and preserve vulnerable households from slipping into irreversible poverty and despair.”

Persons: Aung, Suu Kyi, ”, Kanni Wignaraja, Wignaraja, Achim Steiner Organizations: CNN, United Nations, UN Development Program, UNDP, Asian Development Bank, Bank, Asia Locations: Southeast Asia, Myanmar, destitution, Suu, Yangon, Mandalay

☆ World Bank: We want to support developing countries while focus is on global crises
▼ + stars: | 2024-04-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWorld Bank: We want to support developing countries while focus is on global crisesAxel van Trotsenburg, managing director of the World Bank, discusses the need to get more private sector capital into emerging markets.

Persons: Axel van Trotsenburg Organizations: World Bank

☆ China will remain the world's No. 1 growth driver, says the Asian Development Bank
▼ + stars: | 2024-04-11 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Flag of China on dark blue background Da-kuk | E+ | Getty ImagesChina will remain the largest growth engine for the world economy in spite of its slowdown, the Asian Development Bank said. ADB forecasts China to post annual GDP growth of 4.8% in 2024, lower than the government's target of "around 5%." watch nowEven with slower growth, ADB data estimated China will account for 46% of growth in developing Asia in 2024-2025. China currently accounts for 18% and 48% of global and Asian GDP, respectively, based on purchasing power parities exchange rates, a metric used by the ADB, World Bank and International Monetary Fund. ADB expects the country's growth to be the highest in the region, at 7% in 2024 and 7.2% in 2025.

Persons: Albert Park, … it's Organizations: Getty, Asian Development Bank, ADB, World Bank, International Monetary Fund, CNBC Locations: China, Asia, India

☆ Fed can start cutting interest rates by end of 2024, IMF managing director says
▼ + stars: | 2024-04-11 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

The Federal Reserve should be able to start cutting interest rates by the end of 2024, according to Kristalina Georgieva, managing director of the International Monetary Fund. "We remain on our projection that we would see, by the end of the year, the Fed being in a position to take some action in a direction of bringing interest rates down," Georgieva said on CNBC's "Squawk on the Street." Fed funds futures pricing data suggests that the first rate cut could come in September, according to the CME FedWatch Tool. Georgieva said the Fed should continue following economic data, which will signal when it's appropriate to begin reducing the cost of borrowing money. Still, Georgieva warned that keeping interest rates elevated for longer than expected can create risks to financial stability for the rest of the world.

Persons: Kristalina Georgieva, Georgieva, Dow Jones Organizations: International Monetary Fund, World Bank, U.S Locations: U.S, United States

☆ Here’s where BlackRock sees investment opportunities as demographics shift and the population ages
▼ + stars: | 2024-04-10 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Aging population plays In developed markets with aging populations , health-care needs will rise, creating an investment opportunity in the sector, Li said. "The relative outperformance of the health-care sector is to be expected in the context of an aging population," Li said. It tracks the health-care sector of the S & P 500 . "An economy-wide, sustained productivity boom is very hard to achieve, especially in the context of the supply constraint coming from, among other things, demographic shortage, aging population," Li said. "If India is able to bring more people into the working population, especially women, that will significantly boost its growth trajectory," she said.

Persons: Wei Li, dwindles, BlackRock, Li, It's, it's Organizations: BlackRock, World Health Organization, United Nations, Healthcare, Bank Locations: BlackRock, Japan, U.S, Indonesia, Mexico, Saudi Arabia, South Africa, India, China

☆ Yellen says U.S. plans to ‘underscore’ need for China to shift policy
▼ + stars: | 2024-04-08 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

U.S. Treasury Secretary Janet Yellen said Monday that future discussions between the U.S. and China will focus on Beijing's need to shift its policy on industry and the economy, as she wrapped up the fourth and final full day of her trip to China on April 8. Pedro Pardo | Afp | Getty ImagesBEIJING — U.S. Treasury Secretary Janet Yellen said Monday that future discussions between the U.S. and China will focus on Beijing's need to change its policy on industry and the economy. Yellen said her conversations with Chinese officials during the trip discussed plans Beijing had for its economy, but she did not elaborate. Yellen also declined to share what tools the U.S. might use to prevent China's industrial policy from resulting in the loss of American jobs. During her trip, Yellen met with top Chinese officials including Premier Li Qiang in Beijing and Vice Premier He Lifeng in Guangzhou.

Persons: Janet Yellen, Pedro Pardo, Yellen, Yue Su, Su, Premier Li Qiang Organizations: Treasury, U.S, Afp, Getty, International Monetary Fund, World Bank Group, EV, The Economist Intelligence Unit, ASEAN, Consumer, Premier, Lifeng Locations: China, BEIJING, U.S, Guangzhou, Beijing, Washington ,, Europe, Hong Kong, Washington

☆ How Microsoft Azure Arc Brings Cloud Solutions to Hybrid Environments
▼ + stars: | 2024-04-03 | by ( Sponsor Post | ) www.businessinsider.com time to read: +6 min

That's why Microsoft is committed to meeting customers wherever they are, with adaptive solutions that bring their data together from the ground to the cloud, with Azure Arc. As of 2023, World Bank had connected about 25% of its SQL Server estate to Azure Arc. Today, World Bank and Microsoft are working together on additional functional elements to improve optimization of Azure Arc. "We've already seen how Azure Arc can make us more efficient and reduce our operating costs. "We've already seen how Azure Arc can make us more efficient and reduce our operating costs.

Persons: it's, Chandra Kala Macha, Kala Macha, It's, We've Organizations: Microsoft, Bank, World Bank, IT, Intel, Technology, QuickAssist, Arc, Insider Studios

☆ Ugandan Court Upholds Draconian Anti-Gay Law
▼ + stars: | 2024-04-03 | by ( Abdi Latif Dahir | ) www.nytimes.com time to read: +1 min

Uganda’s Constitutional Court on Tuesday largely upheld a sweeping anti-gay law that President Yoweri Museveni signed last year, undermining the efforts of activists and rights groups to abolish legislation that drew worldwide condemnation and strained the East African nation’s relationship with the West. The legislation, which was signed into law by Mr. Museveni in May, calls for life imprisonment for anyone who engages in gay sex. But the law was popular in Uganda, a landlocked nation of over 48 million people, where religious and political leaders frequently inveigh against homosexuality. The fallout for Uganda will be watched closely in other African countries where anti-gay sentiment is on the rise and anti-gay legislation is under consideration, including Kenya, Namibia, Tanzania and South Sudan. In February, Ghana’s Parliament passed an anti-gay law, but the country’s president said that he would not sign it until the Supreme Court ruled on its constitutionality.

Persons: Yoweri Museveni, Museveni Organizations: East, West, World Bank Locations: Uganda’s, Uganda, United States, Kenya, Namibia, Tanzania, South Sudan, Ghana’s

☆ Ukraine war live updates: NATO chief floats 100 billion euro fund for Kyiv; Ukraine shoots down 4 Russian drones overnight
▼ + stars: | 2024-04-03 | by ( Natasha Turak | ) www.cnbc.com time to read: 1 min

NATO Secretary General Jens Stoltenberg speaks during a press conference at the International Monetary Fund and World Bank annual meeting in Marrakech, Morocco, October 11, 2023. NATO foreign ministers are gathering in Brussels, where the alliance's Secretary-General Jens Stoltenberg is proposing a five-year, 100 billion euro ($107 billion) military and fund for Ukraine. It is not yet clear where the money would come from. The U.K.'s Foreign Minister David Cameron meanwhile is urging member states to invest more in defense and increase industrial production, saying it is necessary if the alliance wants Ukraine to defeat Russia. Elsewhere, Ukraine's air defenses shot down four Iranian-made Shahen drones fired from Russia overnight, its air force said in a statement.

Persons: Jens Stoltenberg, David Cameron meanwhile Organizations: NATO, International Monetary Fund, Bank Locations: Marrakech, Morocco, Brussels, Ukraine, Russia

☆ The developing East Asia and Pacific region is 'underachieving,' World Bank economist says
▼ + stars: | 2024-04-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe developing East Asia and Pacific region is 'underachieving,' World Bank economist saysAaditya Mattoo, the World Bank's East Asia and Pacific chief economist, says "it is a region that is still outperforming the rest of the world, but it is underachieving relative to its own potential."

Persons: Aaditya Mattoo Organizations: World Bank Locations: East Asia, Pacific

☆ East Asia's growth is faster than the rest of the world but China headwinds weigh, World Bank says
▼ + stars: | 2024-04-01 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

As inflation continues to impact global economies, Asia-Pacific is the only region that will see real salary growth in 2023, according to ECA International. Growth in developing East Asia and Pacific is outpacing the rest of the world, but the region will likely see slower growth in 2024 amid headwinds in China and broader policy uncertainty, according to the World Bank. "It is a region that is still outperforming the rest of the world, but it is underachieving relative to its own potential," Aaditya Mattoo, East Asia and Pacific chief economist at the World Bank, told CNBC's "Street Signs Asia" on Monday. Growth in the region is expected to ease to 4.5% this year, slowing from last year's 5.1% expansion, according to the bank's East Asia and Pacific (EAP) update for 2024, which was released Monday. However, excluding China, growth in the region is predicted to reach 4.6% this year — higher than 4.4% in 2023.

Persons: CNBC's Organizations: ECA International, World Bank Locations: Asia, Pacific, East Asia, headwinds, China

☆ Asian Infrastructure Investment Bank president: People shouldn't exaggerate geopolitical tensions
▼ + stars: | 2024-03-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAsian Infrastructure Investment Bank president: People shouldn't exaggerate geopolitical tensionsJin Liqun, president of the bank, discusses the projects it has co-financed with the World Bank and the Asian Development Bank.

Persons: Jin Liqun Organizations: Infrastructure Investment Bank, World Bank, Asian Development Bank

☆ China’s Xi meets American CEOs to boost confidence in world’s second largest economy
▼ + stars: | 2024-03-27 | by ( Laura He | Wayne Chang | ) edition.cnn.com time to read: +3 min

Foreign direct investment in China has slumped in recent months as a combination of slower growth, regulatory crackdowns, onerous national security legislation and questions about the country’s long-term growth prospects have shaken confidence in the world’s second biggest economy. But global investors remain wary of China’s rising scrutiny of Western companies as well as a structural slowdown. In the first two months of 2024, foreign direct investment (FDI) into the country shrank nearly 20% from a year ago, underscoring weak confidence among global executives. Another gauge of FDI — direct investment liabilities — showed a 82% slump in 2023, according to figures released by the State Administration of Foreign Exchange. China has set this year’s economic growth target at around 5%, the same as last year’s.

Persons: Xi Jinping, Cristiano Amon, Raj Subramaniam, Stephen Schwarzman Organizations: Taipei CNN, Qualcomm, FedEx, Blackstone, of, International Monetary Fund, World Bank, China Development, Commerce Ministry, State Administration of Foreign Exchange, American Chamber of Commerce Locations: China, Hong Kong, Taipei, Beijing, United States

And perhaps best of all, money — from selling the electricity generated by the wind turbines studding the flat green fields stretching out to the North Sea. A slice of the cash goes to the villagers themselves, with the local buy-in making this windy farming enclave near the border with Denmark a showcase for ways to push ahead with renewable energy projects. The S&P Global Clean Energy Index of shares in companies with clean energy-related businesses has fallen 26% over the past year, even as broader market indexes have surged to records. In sub-Saharan Africa, where half the population lacks access to electricity, renewable projects face even steeper challenges with financing. In Nigeria, where blackouts are an everyday event for about half of the country’s 213 million people, some 14 solar projects have stalled because the finances don’t add up.

Persons: ”, Astrid Nissen, moos, “, Mackenzie, it's, Nissen, Christian Andresen, Andresen, Orsted, Vattenfall, David Shepheard, Edu Okeke, Taiwo Organizations: U.S . Federal Reserve, European Central Bank, University College London, Solar, Energie Andresen GmbH, Energy, logjams, World Bank Locations: SPRAKEBUELL, Germany, Denmark, village's, Spain, Italy, Africa, Flensburg, Sprakebuell's, German, Danish, New Jersey, Swedish, North American, Saharan Africa, Nigeria, Katsina, Abuja

☆ China faces ‘fork in the road,’ IMF chief says, urging Beijing to embark on pro-market reforms
▼ + stars: | 2024-03-25 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

Kristalina Georgieva, Director of the International Monetary Fund (IMF), speaks during the China Development Forum 2024 at the Diaoyutai State Guesthouse on March 24, 2024 in Beijing, China. China has two choices right now: return to its old economic policies, or choose reforms to spur growth, according to the International Monetary Fund's Managing Director Kristalina Georgieva. "China is poised to face a fork in the road — rely on the policies that have worked in the past, or update its policies for a new era of high-quality growth," Georgieva said Sunday at the China Development Forum in Beijing. "With a comprehensive package of pro-market reforms, China could grow considerably faster than a status quo scenario," she said, according to prepared remarks by the IMF. The measures coincide with other moves Beijing has made in recent weeks to boost confidence among foreign investors and businesses as it pursues a growth target of about 5% this year.

Persons: Kristalina Georgieva, Georgieva, Li Qiang Organizations: International Monetary Fund, International Monetary Fund's, China Development Forum, IMF, World Bank Locations: China, Diaoyutai, Beijing, Bulgarian

☆ Analysis: Europe is trying to fill a US-shaped hole in funding for Ukraine
▼ + stars: | 2024-03-23 | by ( Luke Mcgee | ) edition.cnn.com time to read: +7 min

CNN —Can Europe fill the gap left by the United States in Ukraine? Over the course of the war, European thinking has evolved. Should EU money be spent outside the bloc? So, can Europe fill the funding void in Ukraine left by Washington DC? Yes, Europe can fill the gap left by the US - and in some respects is trying to do just that.

Persons: Donald Trump, Alexander De Croo, Volodymyr Zelensky, Serhii, it’s, –, Vladimir Putin, Jens Stoltenberg Organizations: CNN, European Union, Ukraine, Belgian, Radio Free, Radio Liberty, Reuters, NATO, Diplomats, EU, Ukraine’s, Washington DC Locations: United States, Ukraine, European, Europe, Russia, Kyiv, Kiel, Radio Free Europe, EU, Moscow, Brussels, Russian, Zaporizhzhia, Czech Republic, Hungary, Czech, Eastern, Western Europe, Athens, Rome

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