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Ukraine Faces Deepening Power Shortages After Russian Strikes

A resident shows a journalist where a Russian drone struck the roof of an apartment building, depriving its residents of water, heat and electricity, in Kyiv. Ukraine is confronting one of its most severe energy shortfalls since the start of the full‑scale invasion, with the country currently able to supply only about 60% of its electricity needs. A new wave of Russian missile and drone attacks has heavily damaged power plants and transmission infrastructure across multiple regions, pushing the grid to the brink. Officials report that nearly every major power‑generating facility has been hit in recent weeks. Cities such as Kyiv, Kharkiv, Odesa, and Dnipro have experienced rolling blackouts, leaving millions of residents coping with limited heating, lighting, and communications during the winter season. Ukraine’s government has warned that the situation remains extremely challenging. Engineers are working around the clock to repair damaged facilities, but repeated strikes have slowed...

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Wall Street Wavers Amid Inflation and Geopolitical Risks

 


According to recent news reports, Wall Street has been wavering following a strong consumer confidence report and hopes of the Federal Reserve’s monetary policy. The S&P 500 index edged up by 5.78 points, or 0.1%, to 4,704.14 on Friday, November 17, 2023. However, the market has been volatile due to concerns about inflation, supply chain disruptions, and geopolitical risks .


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