March 25, 2023

CLAAS Global Mentions

How European Businesses Survived the Ukraine War and Last Year’s Energy Shockedit

The Wall Street Journal – Online

When Russia invaded Ukraine, Russian President Vladimir Putin was counting on soaring energy prices and falling confidence to sink European companies, undermining the West’s support for Kyiv. One year on, many European companies have overcome the blow after slashing energy use and pivoting to a friendly and booming U.S. market. Such resilience has helped shore up political and popular support in Europe for Ukraine. Nowhere has the dynamic surprised as much as in Germany, a hub for energy-hungry manufacturers that had long relied on cheap supplies of Russian natural gas. Not only have German companies avoided the crash many economists predicted, but Berlin has also turned from relatively Kremlin-friendly into Kyiv’s third-biggest arms ...

Monsoon + Indian Agriculture

Rains cause damage to wheat crop ahead of harvesting in Punjabedit

Hindustan Times – Online

Intermittent rainfall during the last few days across Punjab has led to lodging of the wheat crop, which is at maturing stage. As per reports Sangrur, Barnala, Fatehgarh Sahib, Patiala, Jalandhar, Amritsar, Tarn Taran and the districts in south-west Punjab have reported damage to the crop. The state agriculture department which two days ago had estimated damage to 4 lakh hectares, says the area has expanded to larger extent as the information is being gathered from all the districts. This season, wheat has been cultivated on 34.90 lakh hectares and was heading towards the final stage of maturing till the last week when the rainfall started. The agricultural experts have predicted a yield loss of ...

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