The country’s economy will take a major hit in the fourth quarter of the year, according to its central bank Israel’s central bank revised down its economic growth forecast on Monday amid risks arising from the escalation of the Gaza conflict.

President Vladimir Zelensky’s decree on Russian lands “historically inhabited by Ukrainians” opens a hornet’s nest At the end of January, Ukrainian President Vladimir Zelensky signed a decree on “Russian Territories Historically Inhabited by Ukrainians,” which includes measures aimed at “preserving the national identity of Ukrainians” in Russia.

The Russian president says loose fiscal policy is the real cause of inflation, not the conflict in Ukraine Russian President Vladimir Putin has accused Western nations of damaging their own economies through money printing while wrongly blaming their problems on the Ukraine conflict.