November 14, 2022 - l'Européenne de Bruxelles

Kenes Rakishev: Astana has high chances of hosting the Asian Youth Championship

November 14, 2022 1620 views

The successes of Kazakhstani athletes, the high achievements of the national team, the general exceptional position of boxing in Kazakhstan, sponsorship and organizational efforts of the President of the Kazakhstan Boxing Federation Kenes Rakishev lead to the strengthening of Kazakhstan’s influence in the sports world. The national boxing team of Kazakhstan among men and women, with 21 awards, took the first team place at the Asian Championship-2022. Our athletes showed a high result, winning 6 gold, 7 silver and 8 bronze medals, and also took leading positions in the rating…

G20 countries launch fund for future pandemics

November 14, 2022 1622 views

Ahead of the summit this week in Indonesia, major G20 economies announced on Sunday a $1.4 billion fund to prepare for future pandemics. However, the host country of the meeting, Indonesia, has deemed the sum insufficient. The launch of the fund follows a meeting of G20 health and finance ministers on the sidelines of the summit scheduled for Tuesday and Wednesday on the Indonesian island of Bali. At a press conference, Indonesian President Joko Wikodo explained that this fund, in which 24 countries are participating in, both G20 members and…

ECB governors see rising risk of rate hitting 2% to curb inflation

November 14, 2022 1622 views

Sources have said that the European Central Bank is assessing whether they need to raise their key rate to 2% or higher to stem record-high inflation in Europe’s eurozone despite a possible recession. Inflation has risen to 9.1% in October, which is above the ECB’s 2% target for the next two years. The central bank has been increasing its interest rates at an unprecedented pace and urging governments and other government agencies to lower energy bills that have soared since Russia invaded Ukraine. The ECB increased its deposit rate to…

COP27: Bangladesh calls on rich countries to meet $100 billion target -and then surpass it

November 14, 2022 1622 views

It’s a target that keeps being missed, the $100 billion a year that the world’s richest countries first pledged 13 years ago to help pay the costs of battling climate change in low-to-middle income nations. Bangladesh, a densely populated country vulnerable to rising sea levels, is at COP27 in Egypt urging the countries that caused most global warming in the first place to finally meet their obligations, writes Political Editor Nick Powell. It was back at COP15, held in Copenhagen in 2009, that world’s most developed countries committed to providing…

EU economy now entering a “much more challenging phase,” says European Commission

November 14, 2022December 3, 2022 1622 views

After a strong first half of the year, the European Commission says the EU economy has now entered a “much more challenging phase.” The shocks unleashed by Russia’s war of aggression against Ukraine are denting global demand and reinforcing global inflationary pressures, it says. The EU is among the most exposed advanced economies, due to its geographical proximity to the war and heavy reliance on gas imports from Russia. The energy crisis is eroding households’ purchasing power and weighing on production. Economic sentiment has fallen markedly. As a result, although…