Author: sreesajeev

<strong>Russian economy contract by  2.1% in 2022</strong> - Asiana Times

Contrary to expectations of more than 12% growth, the Russian domestic product dropped by 2.1% despite the economic sanctions imposed by the West. More resilient than the west had anticipated, the Russian economy appears. If the Russian economy were to contract by 2.1% in 2022, it would represent a significant decline from previous years. The Russian economy has faced several challenges in recent years, including economic sanctions, low oil prices, and geopolitical tensions. A contraction of 2.1% in 2022 would likely have several adverse effects on the economic circumstances of the country and its citizens. For example, a contraction in…

Read More
Brazil hit by heavy torrential rain, death toll rises to 36   - Asiana Times

More than three dozen people were killed in Brazil as torrential rains gripped the state of Sao Paulo with floods and landslides, and carnivals were cancelled in cities with rescue operations underway. Torrentail rain in brazil Heavy rains put Brazilian coastal regions in despair, and the flooding in southeast regions of Brazil accompanied by landslides killed more than 36 people and dislodged hundreds more, with the death toll increasing every hour, according to a statement from Sao Paulo authorities. The aftermath left by severe rainfall in Ilhabela, Brazil, Photo by Reuters. Sau Paula’s government confirmed the deaths of 35 people…

Read More