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Economist magazine

Around the Globle

“EU Struggles to Aid Ukraine Due to Deficit of Current Materials: The Economist Reveals the Consequences of Reduced Production and High Costs”

The EU struggles to assist Ukraine due to the deficit of current materials, says The Economist. High costs and lack of demand led to European producers reducing or shutting down production. Only a few companies in the EU meet NATO standards for explosive and ballistic protection, such as Chemring Nobel in Norway and Eurenco in Sweden. Demand is increasing after Russia’s intervention in Ukraine, prompting some companies to invest in production expansion. However, constructing a factory can take several years, as highlighted by Rheinmetall in Hungary, planning to start operations in 2027.

International Military Politics

“President Macron Open to Military Intervention in Ukraine: Facing an Unpredictable Adversary”

French President Macron considers sending military forces to Ukraine as he faces a volatile situation. No possibilities are overlooked. This news is also available in Russian.

Armenia Tops The Economist’s Housing Success Index for Second Time, Experts Warn of Lingering Poverty

Armenia ranks first in 2023 housing conditions index, with a 40% increase in real estate market value. Despite progress, experts note the country’s ongoing challenges.