๐ด๐ฒ๐๐พ๐๐ถ๐ป ๐๐ฎ๐ถ๐น๐ ๐ฆ๐๐บ๐บ๐ฎ๐ฟ๐ 27.06.2022
Hello getquin,
today we are talking about various issues, such as the abolition of abortion rights in America, but also dreaded recessions in the world. In addition, the G7 Summit is currently taking place in Germany, where many current topics are being discussed, including the food shortage.
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1st G7 Summit in Garmisch-Partenkirchen
After the end of the pandemic, the global economy was supposed to finally pick up this year. But at the moment, fear of a recession is taking the place of optimism. The shock caused by the conflict in Ukraine poses a long-term threat to the global economy.
A plan by the U.S. government to set an international price limit on Russian oil is being discussed at the G7 summit. However, the main goal here is to increase the impact of sanctions against Moscow.
The G7 countries have few options left when it comes to boosting the global economy. The following is a warning from economist Alexander Kriwoluzky of the German Institute for Economic Research: "There is a real risk of falling into a protracted recession. A significant downward spiral could be set in motion by political dangers."
More on the summit at Special and here: https://bit.ly/3QRotpJ
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2. financial support from U.S. corporations for abortion.
Following Friday's U.S. Supreme Court decision to overturn the landmark Roe v. Wade ruling, many U.S. corporations have acted quickly to offer support and financial assistance to employees seeking abortions in states that have banned the procedure.
Faced with the possibility that millions of women may soon cross state lines to have the procedure, many employers have included "critical health care" in their benefits packages.
The measures in some cases reflect the increased responsibility companies now feel to respond to pressure from investors, customers, and employees when company values do not comply with the laws of the states in which they or their employees are located.
Click here for Insights: https://bit.ly/3u5HHhM
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3. Russia does not pay investors
For the first time since the Bolshevik Revolution more than a century ago, Russia is on the verge of bankruptcy. On Sunday evening, some investors in Taiwan expressed their dissatisfaction that they have not yet received the agreed-upon interest payments on their Russian government bonds. A grace period has already passed. If speculation is true that Russia cannot pay these back, it would be the FIRST default on foreign debt since 1918.
More on this topic here: https://bit.ly/3A9gqii
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4. what is the G7 summit?
The G7 Summit is a gathering of 7 nations which are Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America to discuss the current important issues. One of these issues is the Ukraine war and its consequences. G7 stands for Group of Seven, where 7 stands for the 7 most important industrialized nations.
How do we know that? https://de.wikipedia.org/wiki/G7
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