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The shipping disruptions are pressuring prices but not to the point that inflation projections should be hiked, Kristalina Georgieva says The Houthi rebel attacks on vessels in the Red Sea have had a significant impact on insurance and shipping rates, but have so far not affected global economic growth prospects, Kristalina Georgieva, the managing director…

The Russian economy has withstood the sanctions pressure, according to the president Western nations have failed in their attempts to destabilize the Russian economy with sanctions, Russian President Vladimir Putin said at a government meeting on economic issues on Monday.