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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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China’s Economic Recovery in 2024: Challenges and Opportunities



China’s economy is expected to face a “slow and bumpy” recovery in 2024, according to a report by Bloomberg News. The report suggests that China is likely to hit its growth goal of about 5% for 2023, but deflation risks, the housing crisis, and a lingering confidence crunch could derail efforts to build momentum in 2024.

The Chinese government has been implementing targeted stimulus measures to boost the economy, but the recovery is expected to be slow and bumpy as these measures trickle through to investment sectors and the property recovery proceeds at a snail-like pace.


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