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  • researchers from the centre for economic policy research (cepr), a network of economists, put the total cost of rebuilding ukraine in the region of €200bn-500bn ($220bn-540bn), roughly in line with the government’s own calculations. the way in which reconstruction happens, and the reforms that accompany it, will be just as important as the money spent. done well, it could transform an economy that was once captured by oligarchic interests into something more open and dynamic.
    researchers from the centre for economic policy research (cepr), a network of economists, put the total cost of rebuilding ukraine in the region of €200bn-500bn ($220bn-540bn), roughly in line with the government’s own calculations. the way in which reconstruction happens, and the reforms that accompany it, will be just as important as the money spent. done well, it could transform an economy that was once captured by oligarchic interests into something more open and dynamic.
    WWW.ECONOMIST.COM
    What will it cost to rebuild Ukraine?
    Economists put the price tag so far at $220bn-540bn. Reforms will be needed, too
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  • The Russians left quickly on the night of March 30th, bolting the door and ordering Yahidne’s residents not to leave the basement until morning. In their rush, the soldiers left behind equipment and stark insights into their primitive ways. Cigarettes, bottles, human waste and stolen clothes—bras included—still litter their dugouts and sleeping quarters in the school’s ground floors. Outside the school, just beyond six white body bags, is a crate of military propaganda.
    The Russians left quickly on the night of March 30th, bolting the door and ordering Yahidne’s residents not to leave the basement until morning. In their rush, the soldiers left behind equipment and stark insights into their primitive ways. Cigarettes, bottles, human waste and stolen clothes—bras included—still litter their dugouts and sleeping quarters in the school’s ground floors. Outside the school, just beyond six white body bags, is a crate of military propaganda.
    WWW.ECONOMIST.COM
    A Ukrainian village tries to make sense of Russian occupation
    370 villagers were locked in a cellar for a month while soldiers plundered their homes
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  • Resistant to rising rates, though, does not mean impervious. At some point high borrowing costs will crimp demand. Moreover, the fundamentals underpinning the property rally—the limited supply of new homes—may prove to be, in part, an artefact of the pandemic. Nearly 1.6m homes are under construction nationwide, the most since the early 1970s. The problem is that the housing sector is, like other parts of the economy, suffering from labour shortages and gummed-up supply chains. It is taking longer than normal to complete construction. A resolution of these constraints could move America from a property shortage to a glut.
    Resistant to rising rates, though, does not mean impervious. At some point high borrowing costs will crimp demand. Moreover, the fundamentals underpinning the property rally—the limited supply of new homes—may prove to be, in part, an artefact of the pandemic. Nearly 1.6m homes are under construction nationwide, the most since the early 1970s. The problem is that the housing sector is, like other parts of the economy, suffering from labour shortages and gummed-up supply chains. It is taking longer than normal to complete construction. A resolution of these constraints could move America from a property shortage to a glut.
    WWW.ECONOMIST.COM
    The American property market is once again looking bubbly
    Soaring mortgage rates have yet to cool exuberant demand
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