Ukraine: the collapse of the Russian economy is expected

The number of refugees around the world has “reached a new sad high”. In this context, Hesse called for Europe as a whole to agree on a new refugee policy “in a spirit of solidarity”.

15:20: The Russian economy is expected to collapse

According to a newspaper report, the Federal Ministry of Economy expects Russia’s gross domestic product (GDP) to fall by ten percent in the current year due to sanctions against Russia. In addition, inflation is expected to be 17 percent for Russia. It informs the editorial network Germany (RND) and refers to the ministry’s internal analysis. The Russian authorities paint a more optimistic picture of the economy, with central banks expecting a 7.8 percent drop in gross domestic product and a 14-17 percent inflation rate, according to June data. According to the report, the German forecasts are based on data from the Federal Statistical Office and the research institutes Consensus Economics and Oxford Economics.

14:57: Surveys show a high willingness to save energy

A survey by the Forsa Institute shows that Germans are very willing to save energy in the wake of the Ukrainian war and the resulting oil and gas supply problems: 72 percent of Germans are therefore willing to reduce gas and electricity consumption, especially speeding up and reduce their overall energy consumption. Eleven percent want to do it soon, according to RTL and n-tv on Saturday. Only 15 percent of respondents refuse to save. In connection with the discussion on lowering the minimum temperature in rental flats, 63 percent of respondents were in favor of lowering the temperature at home by two degrees in the coming winter. 34 percent said they were not ready.

14:18: Federal Network Agency: Gas stocks have risen slightly

Following the latest supply restrictions in Russia, German gas reserves have increased slightly. The filling level of the gas storage was 56.67 percent on Saturday and 56.29 percent on Friday, according to the Federal Network Agency. Russia justifies cutting supplies through the Nord Stream 1 pipeline by saying that technically necessary repairs are needed. The federal government doubts this representation and talks about political motives.

14:10: The Italian fashion industry is suffering from sanctions

Due to financial sanctions, Russian retailers cannot pay for their orders from Italian fashion manufacturers. The lack of payments puts about 80,000 small and medium-sized companies in the Italian fashion industry under pressure. “We are talking about the loss of 80 to 100 percent of the sales of these companies,” Fabio Pietrella, president of the Confartigianato Association of Fashion Craftsmen, told the AP. The manufacturers of footwear and knitwear in Umbria and Emilia-Romagna are particularly affected.

13:25: Zelensky on the front in the south of Ukraine

According to official information, Ukrainian President Volodymyr Zelensky visited the front area of ​​Mykolaiv in the south of the country.

He took part in discussions on important issues in the region. “We discussed the state of the economy, the restoration of water supply and the situation in agriculture,” Zelenskyj said. Special attention was paid to threats from land and sea.

This is not the first visit of the Ukrainian president to the front. He had already visited the east of the country and was in Kharkov, Zaporizhia and the Donbas region.

13:04: Impact of a rocket in Kryvyi Horn

According to local authorities, the rockets hit the city of Kryvyi Roh in central Ukraine. Authorities said there were at least two victims. A neighborhood in the south of the city was hit. Kryvyi Roh is located in the Dnipropetrovsk region.

12:25: Johnson for Eurovision Song Contest 2023 in Ukraine

The British Prime Minister Boris Johnson called for the Eurovision (ESC) to take place in Ukraine in 2023. The fact is that they won it and it deserves to have it, Johnson said. During a short visit to Kiev on Friday, he became convinced that the city was much busier than a few weeks ago.

Due to security concerns, the European Broadcasting Union (EBU) has announced that it will begin negotiations with the BBC in the United Kingdom. The United Kingdom took second place in the Eurovision Song Contest.

11:28: Scholz promises Ukraine more arms supplies

Chancellor Olaf Scholz (SPD) has promised Ukraine further assistance in the fight against Russia. In a video report, he said: “We will continue to provide financial resources. We will help with reconstruction. We will continue to supply weapons that are urgently needed to defend Ukraine’s independence.”

Britain must also continue to show its long-standing support to Ukraine, Boris Johnson said. The prime minister warned of “fatigue of Ukraine” as the war dragged on.

11:16: Russian coal exports could collapse by 30 percent

According to government estimates in Moscow, Russian coal exports could fall by 30 percent to 156 million tons this year as a result of international sanctions. According to the Russian news agency Interfax, referring to the Ministry of Energy, total production could fall by 17 percent to 365.1 million tons. The estimate is based on the worst-case scenario of a full embargo on Russian coal. The ban on Russian coal imports imposed by the European Union due to the Russian attack on Ukraine will come into force in August.

10:53: Jens Spahn doesn’t want to ask the Germans to freeze

In addition to BDI President Siegfried Russwurm, JU Spahn, a member of the CDU Presidium, is calling for an immediate transition from gas-fired to coal-fired power plants. In order to fill the gas tanks, gas consumption must fall in the summer. That is why more coal and fewer gas-fired power plants should finally be running, the deputy head of the EU faction, Spahn, told Reuters. Instead of asking the Germans to freeze, Habeck should first act alone, Spahn said, alluding to the debate about lowering the heating temperature in the apartments.

10:37: BKA has hundreds of clues about Russian war crimes

According to the Federal Criminal Police Office (BKA), there were received several hundred tips on war crimes of Russian soldiers in Ukraine. According to BKA President Holger Münch, not only war crimes perpetrators are being investigated, but also militarily and politically responsible.

The aim is to identify those responsible for atrocities, prove their actions through investigations and bring them to justice. The BKA monitors all clues, searches for whistleblowers and gathers evidence. It is a preparation for possible charges against those allegedly responsible for war crimes in Ukraine. According to the principle of universal jurisdiction, war criminals can also be tried in Germany.

9:47: Bundeswehr equipment should be accelerated

The federal government wants to strengthen the operational capabilities of the Bundeswehr through expedited purchases. Specifically, simpler procurement procedures are planned. According to the dpa agency, the Ministry of Economy, in close cooperation with the Ministry of Defense, submitted a bill to the departmental vote.

An amendment to the anti-competitive law is planned. The Bundeswehr should be able to apply simplification of public procurement law for a limited period in order to speed up public procurement. Cooperation programs with other Member States of the European Union should be easier to use. This should allow for a timely strengthening of the Bundeswehr’s operational capability. In response to the war in Ukraine, the Bundestag and the Bundesrat decided on a special program worth 100 billion euros to equip a functioning Bundeswehr.

9:23: Ukrainian General Staff estimates Russian losses

According to Ukrainian data, the number of Russian soldiers killed in the war in Ukraine rose to 33,350. In addition, according to the Ukrainian General Staff on Twitter, 1,465 Russian tanks and 739 artillery systems have been destroyed since the start of the Russian attack on February 24. The number of sunken ships increased to 14 and the number of aircraft and helicopters to 396.

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