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Article on tag "Russia"

Ukraine war: Exclusive interview with ORF correspondent Christian Wehrschütz
Ukraine war: Exclusive interview with ORF correspondent Christian Wehrschütz
(c) ORF-Büro Kiew / Edition Keiper

Ukraine war: Exclusive interview with ORF correspondent Christian Wehrschütz

Hardly any journalist like Christian Wehrschütz has been dealing so intensively with the background of the Ukraine war for years. In an exclusive interview, the ORF correspondent gave us insights into daily life in the midst of a war. He does not currently see a solution to the conflict in the near future.

OPEC Cuts Oil Production by 2m Barrels per Day, Sparking Criticism From the West
OPEC Cuts Oil Production by 2m Barrels per Day, Sparking Criticism From the West
(c) VLADIMIR SIMICEK / AFP / picturedesk.com

OPEC Cuts Oil Production by 2m Barrels per Day, Sparking Criticism From the West

Last Wednesday, the countries of the OPEC+ oil alliance decided on a comprehensive reduction in oil production. As early as November, 2 million barrels less per day will be produced. Many countries fear a rise in oil prices.

The invasion of Ukraine by Russia and its massive effects
The invasion of Ukraine by Russia and its massive effects
(c) MediaPunch / Action Press / picturedesk.com

The invasion of Ukraine by Russia and its massive effects

Within two years, the global economy has been confronted by two negative events or, indeed, shocks: the Covid pandemic was the first one, having not only killed six million people globally at this point, but having also caused an unprecedented slump in the global economy and the subsequent recovery. The second one, i.e. the invasion of Ukraine by Russia, is of a geopolitical nature and has triggered a commodity price shock.