Ukraine is pursuing unconventional methods to prevent an energy crisis this winter. According to The New York Times, the country has brought in an outdated power plant from Lithuania to help restore the grid, is renting floating power plants from Turkey, and has called for a permanent UN presence at substations to protect them from Russian attacks. However, Ukrainian officials admit that these efforts might not be sufficient.
Ukraine is pursuing unconventional methods to prevent an energy crisis this winter. According to The New York Times, the country has brought in an outdated power plant from Lithuania to help restore the grid, is renting floating power plants from Turkey, and has called for a permanent UN presence at substations to protect them from Russian attacks. However, Ukrainian officials admit that these efforts might not be sufficient.
The news also helped traders look past another report showing decades-high inflation and shake off some of the volatility from recent sessions. The Bureau of Labor Statistics' February Consumer Price Index (CPI) this week showed another surge in prices even before Russia escalated its attacks in Ukraine. The headline CPI — soaring 7.9% over last year — underscored the sticky inflationary pressures reverberating across the U.S. economy, with everything from groceries to rents and airline fares getting more expensive for everyday consumers. The regulator said it had received information that messages containing stock tips and other investment advice with respect to selected listed companies are being widely circulated through websites and social media platforms such as Telegram, Facebook, WhatsApp and Instagram. Anastasia Vlasova/Getty Images Friday’s performance was part of a larger shift. For the week, the Dow, S&P 500 and Nasdaq fell 2%, 2.9%, and 3.5%, respectively. Pavel Durov, Telegram's CEO, is known as "the Russian Mark Zuckerberg," for co-founding VKontakte, which is Russian for "in touch," a Facebook imitator that became the country's most popular social networking site.
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