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Economy Ministry: Ukraine's economy shrinks by 30.4%
The Ministry of Economy preliminarily estimates Ukraine's GDP decline in 2022 at the level of 30.4% (±2%).
Ukraine's GDP fell 30.4% (±2%) in 2022, a better indicator than forecasted earlier.
"In 2022, Ukraine's economy suffered the greatest losses and damages in the entire history of independence inflicted by the Russian Federation as it scaled its terror, which it had begun back in 2014, along the entire length of the common border and from the territory of Belarus and the occupied Crimea on February 24," said First Deputy Prime Minister – Minister of Economy of Ukraine Yulia Svyrydenko, the Ministry’s press service informs.
The minister added that the successes of the Armed Forces of Ukraine on the battlefield, the coordinated work of the government and business, the indomitable spirit of the population, the speed of restoration of destroyed critical infrastructure facilities by domestic services, as well as systematic financial support from international partners made it possible to hold the economic front and continue moving towards victory.
As reported, the Government expects Ukraine's GDP to grow by 1% and the inflation rate to slow down to 22.5% in 2023.
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Invaders struck more than 500 times in Zaporizhzhia over past day.
During the day, the invaders attacked Zaporizhzhia region 514 times.
Ukrainian paratroopers shoot down Russian Supercam reconnaissance drone.
Ukrainian anti-aircraft gunners of the Airborne Assault Forces shot down a reconnaissance drone of the Russian invaders, Supercam.
Russia’s combat losses in Ukraine reach 461K
Russia’s invasion forces have seen an estimated 461,060 soldiers and officers killed or wounded in action since the invasion, including 800 in the past day alone.
Ukraine downs 15 of 16 Shahed drones overnight Tue
In the early hours of Tuesday, April 23, 2024, Ukraine’s Air Force shot down 15 of the 16 Shahed one-way attack drones Russia launched at the country.
Russia intensifies missile attacks, airstrikes on Sumy region.
Sumy region is seeing an increased number of Russian airstrikes, missile attacks, rocket salvos, and FPV drone attacks.
Why this could be TikTok's last year in the US I DW News.
American lawmakers have passed a bill which could lead to a ban on TikTok. The bi-partisan legislation forces the popular social media platform to divest itself from its Chinese parent company Bytedance or face a nationwide ban. The bill gives Tik...
Biden focusing in on 'climate emergency' to gain youth vote.
'The Big Weekend Show' co-hosts react to the White House renewing internal talks on invoking a climate emergency as activists push for action from President Biden. #foxnews Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel L...
Liz Truss refuses to apologise over higher mortgage rates.
Sky's Ed Conway speaks to former Prime Minister Liz Truss following the release of her new book, 'Ten Years To Save The West'. Ms Truss refused to apologise over UK mortgage rates which increased during her time in office and put the blame firmly ...
Bobby Gunn: Bare-knuckle boxing means 'everything' to me.
Bare-knuckle champion Bobby Gunn shares what his sport means to him and his family line with 'One Nation.' #foxnews Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) is a 24-hour all-encompassing...
Coral Reefs, Cooked: A Climate Change Case Study
Two top scientific bodies recently announced that coral reefs around the world are experiencing a mass bleaching event for just the fourth time. It comes amid surging ocean temperatures over the past year, which has been the warmest on record. In ...
AI is targeting white-collar jobs, too: Mike Rowe
How America Works' host Mike Rowe tells 'One Nation' that 'we're the clouds from which the snowflakes fell' when it comes to generational work ethic.