“The Czech Republic announced the start of large-scale production of weapons for Ukraine”
“The Czech Republic will start producing weapons for Ukraine in large quantities. For this purpose, thousands of Ukrainians will also come to the country to work at Czech arms production enterprises.
As the Deputy Minister of Defense of the Czech Republic Tomas Kopechny reported, NATO partners will finance such an initiative. First, the modernization and repair of facilities will be carried out, and then the production of military equipment will begin immediately.
“This is not secret information. Citizens of Ukraine already work in the Czech industry, including the defense industry. We did not start going to Ukraine yesterday or last year, we have been doing it since 2015. At that time, we tried to respond to Russian aggression by strengthening Ukraine’s defense capabilities. For Ukrainians, the war began immediately after the Maidan. It is about the gradual increase of Ukrainian workers,” said Kopechny.”
“Putin’s War Makes Russian Stocks World’s Worst With Grim Outlook”
“Down 44%, the MOEX Index heads for worst year since 2008
War, capital controls and sanctions to weigh on market in 2023”
“Vladimir Putin’s invasion of Ukraine sent Russian equities tumbling in February. Nearly 10 months later, a recovery looks far off after sanctions triggered an investor exodus and made them the world’s worst performers.
While the economy has largely stood up better than expected to sanctions imposed by the US and its allies, the stock market paints a different picture.
Russian equities have been excluded from global benchmarks and exchange-traded funds tracking the country’s shares have either been frozen or closed. Local investors haven’t been able to save the domestic market from its war-induced slump, even though most foreigners are still banned from selling the local stocks they hold.”