Recent attacks on energy infrastructure in Ukraine have led to a 65 percent decrease in energy generation capacity, causing widespread disruptions in electricity, heating, and water supplies across the country. The UN Deputy High Commissioner for Refugees highlighted the emotional toll on civilians, with over 170,000 people displaced in Eastern Ukraine since August, adding to the millions already displaced within and outside the country. Despite ongoing recovery efforts by the Government of Ukraine, funding remains a challenge as the country faces its third winter of full-scale war, emphasizing the critical need for continued support.
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Chinese factories slow production and send workers home as tariffs bite
Factories in China are experiencing production slowdowns and worker furloughs due to the U.S.-China trade war, which has led to tariffs of at least 145% on most Chinese goods. With approximately 15% of Chinese exports going to the U.S., many factory owners report canceled or suspended orders, prompting them to halt production for weeks. The Shenzhen Cross-Border E-Commerce Association indicates that anxiety among merchants is rising, with factories cutting overtime and considering layoffs as they...
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