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Western tanks and trained soldiers, this is how Ukraine is preparing for the offensive – Corriere.it

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From our correspondent
how – Is the Ukrainian attack really imminent? The question arose spontaneously even a week ago, while we were visiting the Ukrainian front lines committed to defending the salient between Liman and Bakhmut, the hottest sector of the entire Donbass front.

I often happened to meet poorly trained soldiers, Those who had the task of quickly gaining experience and somehow supporting the rarest units of veterans, recruited since the time of the Russian invasion in 2014, and now vying to stop the most massive unit launched 13 months ago. We are worried. We didn’t fire a shot, We don’t know what to do under the bombs,” they told usAmong the many, four fearless infantrymen in their forties, recruited in early January e. thrown into the “meat grinder” of Bakhmutwhere even the superstitious old people put the sign of the cross before boarding the armored vehicles that crossed almost 5 km “death” under the direct fire of Russian tanks clearly visible between the village of Chasev Yar and the ruined outskirts of the besieged town.

But why doesn’t the General Staff send men trained in this very crucial sector? We insisted and the response of the commanders was always the same: «Our chief of staff, Vali Zaluzhny, knows what he has. He is preparing for the spring offensive, The best units are sent to train abroad with NATO. We have fellow soldiers in the United States, in England, in the fields and between regions in Poland and the Baltic states. Soon they will be back and then we will be Ready to launch a counterattack with the new weapons provided by the Allies ».

Their explanation sums up the essence of the following Ukrainian moves: It is from the end of the two successful offensives between September and November, when the Russians were forced to abandon the Kherson regions west of the Dnipro River and then withdraw from Izyum and Liman, that Tens of thousands of Ukrainians are learning fighting strategies using NATO weapons. It is estimated that a year ago only a fifth of the national defense system was born, now it has risen to a third. According to 59-year-old Air Force Colonel Roman Svetan, a retired defense consultant: At least 60,000 soldiers have just returned from training abroad And today they can already be sent to fight ». This confirms the estimates recently issued by the US and British military institutes One hundred German tanks of the latest Leopard 2, Most of it was donated by Poland and the Baltic states, and will already be available to the Kiev orders.

But not only. Still from the former Soviet provinces of Europe, fearful of the possibility that if Putin wins in Ukraine, the next front line will be at home, 250 T-72 tanks of old Soviet production, Plus about sixty more advanced T-72s. Meanwhile, the Czech Republic and Poland are sending their last stocks MiG-29 fighter. Finally, for several weeks, near the Donbass River and on the approaches to the Zaporizhia and Kherson fronts, the American Bradley and Stryker armored vehicles have been accelerating, strong and fast even on melting black slurry.

This explains the words said two days ago by General Oleksandr Sersky, the commander of the Ukrainian Ground Forces, which have been cited everywhere in the past few hours. We see the Russians still trying to take Bakhmut, but they look tired, as if their strength is running out. “We will take advantage of this opportunity very soon,” he said. The Russian reaction was not long in coming. yesterday Artillery resumed shelling of the entire Donbass front, Especially in the Kreminna, Lyman and Svatove sector north towards Kharkiv. The United Nations condemns the treatment of prisoners from both the Russian and Ukrainian sides. Going gets tough. The next few weeks seem destined for important turning points.

Alfa Romeo, 2027 Flagship Born in Casino? – Auto World

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FormulaPassion.it





The arrival of Stellandis’ STLA platform at the Lazio plant suggests that Alfa Romeo’s new flagship model could be born there in 2027.



Alfa Romeo, 2027 Flagship Born in Casino?  – Auto World



The casino may be home to a manufacturing plant The new Alfa Romeo flagship It will arrive in 2027. Stellandis Group’s Lazio plant will indeed be integrated into the line of Italian factories in the future of medium and large electrics. STLA is a great site. Carlos Tavares made the announcement a few weeks ago as the Casino site became the second plant after the plant in Windsor, Canada to welcome the group’s new BEV architecture.

Advantages of the platform

We recall that the STLA Large is one of the four most flexible BEV platforms on which the Stellandis electrification program is based: it will be the basis for various upcoming product models of the Italian-French group of brands, and is designed to deliver. Up to 800 kilometers On electrics combined with the same company’s electric propulsion modules and modular battery packs. According to an official note, its decision to invest more than 30 billion euros in electrification and software, including the one announced for the casino, is a key element of the Dare Forward 2030 strategic plan. It plans to reduce CO2 emissions by 50% by 2030 compared to 2021 and by 100% by 2038.

What will the new Alfa Romeo flagship look like?

As stated by Jean-Philippe Imparato, the new Alfa Romeo flagship will be born on the STLA large platform, so as to be able to integrate An 800 volt architecture For fast charging. The new flagship car of the Arese brand, with which the energy can be recovered in a relatively short time, and in just 18 minutes to recover most of the range. The Alfa Romeo brand’s focus has always been on performance, which is why the Ares brand’s sports car will feature a powertrain capable of delivering high output. We’re talking about powers between 350 and 800 hp for the base versions, but it reaches up to 1,000 hp with the Quadrifoglio variant. It’s unlikely the car will be made in Canada, so it’s easy to think it would be a gamble to produce the current-generation Giulia (except for the Stelvio and GreyGale) to offer the lines of a future Alfa flagship.


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The “Made in Italy” pickup that drives everyone crazy: it costs like a small car | The waiting time is over

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We are not specialists in the production of this vehicle but there is always the first time: here is the Italian brand that could be the first to make the pickup segment livelier, the vision is for sure.

Since it started working in our country, shut up This home has taken over the market Very fast. We’re talking about a brand that glimpsed the potential of Chinese cars well before that fact was scanned across the continent.

It will be the first ever (MondoFuoristrada.it)

Brand vision DR Automobiles has paid and now, after years of waiting and great successes, the Italian brand is preparing to launch a product practically unprecedented in our country. Are you also curious to know what their first car of this type will be like? Let’s see it now.

Great insights!

Some brands are born great, others are They become over timeIt may go under the radar of customers for a long time until the competition begins to grapple with their significant presence in the market. In the case of the Italian car company DR, we can talk about the rapid and continuous rise in the market that has led to the brand being one of the most important low-cost companies in our country.

Brand highlight? Small cars and low-cost SUVs (MondoFuoristrada.it)

Founded in 2006 in Macchia di Isernia, the Italian house started Climbing to the top Proposing Italian copies of some cars in our country for the Chinese brand Chery loves Tiggo mainly SUVs and SUVs whose price can be contained by assembling cars in Italy but starting with Chinese vehicle design. The choice pays off.

Undermining the big brands

What was considered only about twenty years ago right or wrong The B-class home of its European competitors is today an ever-growing reality that has also recently expanded its offer, proposing new SUVs such as the mighty DR 5.0 which, at a competitive price, has managed to convince many Italian customers to switch to the brand. But do you know what the brand was missing?

We tell you, a beautiful pickup to complete the range! It’s home He really didWe expect the green rat to appear to more well-known brands like Mitsubishi and Toyota by offering a low-cost version of their most classic work car. But let’s see what more the new DR product has to offer than its competitors.

Low cost, high expectations

Historically speaking, Italy He didn’t give much For the pickup segment: This niche market has always been the prerogative of American brands such as Ram, the timeless Ford, or even Japanese manufacturers. Only our Fiat with the 1999 Strada that replaced the open-top version of the Fiorino tried to question foreign dominance, and partially succeeded.

With such a low price, the DR Pk8 is a car reserved exclusively for less affluent customers (MondoFuoristrada.it)

However, these vehicles definitely have a steep price tag and it’s not like a customer in need of a work vehicle is willing to spend €100,000 or more on the latest Ram 1500 just because it has leather seats and a ram on the snout. The new vehicle of the Macchia di Isernia brand is a solid vehicle over five meters long and at an unbeatable price: welcome to Dr. Pk8 in our market.

The official submission date hasn’t come out yet however Prototype of the Pk8 – a name that does not recall the Disney superhero but of course the name is in Italian – was presented some time ago at an exhibition of the Italian brand. The price is really unmatched: with 29.900 euros you should have the basic version for home. We expect to see it in top corporate parking lots soon.

Oppenheimer: First details on the duration of the Christopher Nolan film

Oppenheimer

According to what was reported by some sources, some initial details of the duration OppenheimerThe expected new movie Christopher Nolan in theaters in 21 July. This duration, while it may change in the next few months of post-production, will be approx 3 hours. If this is the final cut of the movie, it will pay off Oppenheimer The longest-running film Nolan has produced in his career to date, surpassing the film that currently holds that record, ie Interstellarwhich has a duration 2 hours 49 minutes.

We’re still four months away from the film’s theatrical release, which, both for its contents and its supposed duration, could easily establish itself as one of the major cinematic events of the year. After watching the first trailer, we remember that the film will tell the story of a theoretical physicist J Robert Oppenheimer and the high-stakes tensions that led to the creation of the atomic bomb. So a new story was set during World War II for Nolan, after the story was incorporated into his film dunkirk, Oscar nominee.

global will distribute Oppenheimer In theaters worldwide and the film will be distributed in North America. Christopher Nolan She will also produce alongside Emma Thomas and Charles Roven Atlas Entertainment. The film is based on the Pulitzer Prize-winning book American Prometheus: The Triumph and Tragedy of J. Robert Oppenheimer by Kay Bird and the late Martin J. in the cast Cillian MurphyAnd Emily BluntAnd Rami MalekAnd Robert Downey Jr.And Florence PughAnd Josh Hartnett, Jason Clarke, Alex Wolfe, Josh Peck, Tony Goldwyn And Matt Damon.

source: ScreenRant

The Museum of Science and Technology in Milan is hosting a benefit concert for Ukrainian children

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to me The fourth edition of «Leonardo 4 Kids 2023»scheduled Saturday 25 March at 6.30pm in the Sala delle Colonne of the Leonardo da Vinci National Museum of Science and TechnologySetticlavio aps and Carano 4 Children Foundation Good evening Music and artistic expressions. Presented by journalist Marco FrancosoThe proceeds will go to support projects for Ukrainian children and youth.

They will perform on stage The young musicians of the UKOM Orchestra, all students of the Suzuki School in Varese, are led by the conductor Carlo Tafuri. They will stage performances of Serenades for Strings by Dvorak and Tchaikovsky in honor of the 20th anniversary of the ImmaginArte Society. In addition to the concert, a children’s art and science workshop will be held (6-12 years) e children (13-18 years) on climate, equality and peace topics.

The initiative was awarded the Presidential Medalthe Courtesy of David Sassoli and Ennio Morriconeand many sponsorships including UNESCO, European Commission Vice-President for the Green Deal, European Commissioners for Education and Culture, European Parliament and many others.

The Crisis of Italian Football and Mancini’s Mistakes – La Voce di New York

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The Italian national team’s path towards Euro 2024 and towards defending the title of champions – the only joy in a truly sad decade for the Azzurri – began in the worst possible way: England went 2-1 in Naples, after dominating the first half more clearly than the British team 2-0 at halftime. The second half where Italy reacted at least with desire and commitment, but shooting very little on goal.

The first official outing in the qualifying round proved the right of the blue coach Roberto Mancini from a certain point of view, who had commented on the good results of the Italian clubs in the European Cups this season in a clear tone: “I would have waited until we talked about the renaissance of Italian football because of the presence of three teams in the quarter-finals.” Champions League. I would say that if there were 33 Italian players on the field for Napoli, Inter and Milan, but even half would be enough. It’s hard to blame him, even if it’s a permanent role-play: Mancini himself, at the helm of Inter, was the first coach to field a starting eleven in Serie A composed entirely of foreign players.

Now that he’s on the other side of the fence, Mancio must make a virtue of necessity and scrape the bottom of the barrel of an increasingly foreign-loving Serie A with less and less talent: there has been much discussion of a call-up from Italian-Argentinian Mario Retigui – who, moreover That being said, he scored against the English and gave Shaw the red card – but those who know the tournament know full well that Italian forwards appear to be a dying breed. There’s Immobile (who was often a null in the national team), there’s Scamaka who’s now in the Premier League and coming back from injury, and then there’s a void. Among the big names, but also among the mid-range teams: Sassuolo’s Pinamonti is going through a difficult moment, many clubs (Bologna, Fiorentina, Turin) use foreign strikers and to find an attacking midfielder you have to go to the right side of the standings. In the ranking of the top scorers in the Italian league, Doriano Gabbiadini was the second Italian striker after Immobile, with 6 goals after his brace against Verona. The problem is clearly structural.

But the striker is just one example: in Serie A there are 352 foreign players out of the 561 registered players, 62.7%. Also, in the various youth sectors, the presence of foreign players (Lecce, who are making a great spring tournament, has an almost entirely foreign starting eleven) has become increasingly important. It is a subject that the Italian football system, for so long a convent where everyone takes care of their own backyard and nothing more, must ask themselves. We start, for example, from the exaggerated market valuations attributed to some fairly talented young Italians, which makes investing in foreign profiles less risky. Or from the dictates carried out in the youth sectors, where for some time the search for talent – and the work that enhances their characteristics – has been secondary to tactics and physical fitness, even at a young age. Mancini also spoke of “a talent that struggles to come to light because he no longer plays in the street” and this, seeing the life trajectories and choices of children over the past 20 years, may also be a theme. But, of course, it is not the only one.

Italy players react at the end of the 2022 FIFA World Cup qualifying Group C match between Italy and Switzerland at the Stadio Olimpico in Rome, Italy, November 12, 2021. ANSA / ETTORE FERRARI

So far the problems Mancini has to deal with. Then, however, he must also try not to create more problems than what already exists (on a technical level) in Italian football’s tank: the key word is gratitude, something that has a generally positive meaning in life and sport, but which has already cost Italy Absence from the World Cup in Qatar due to the lack of renewal after the victory of the European Nations Championship 2020, in the summer of 2021. The criminal absence from the World Cup last winter seems to be the science of truth, if a large number also has a part in this cycle being restarted by the champions themselves.

Let’s go in order: Reteguis, Gnontos and Pafundis are worthy ideas – as was the then-unknown Zaniolo – at the time of the call-ups, but enough that they weren’t “dismissed” by the other moves by the coach. For example, having taken note of Dimarco’s injury, why did I call up Emerson Palmieri (now we know very well what he can deliver and where he can arrive) leaving two of the best left wingers in the Championship to rot in the under-21s like Udogie from Udinese and Parisi Empoli ? Why continue tirelessly with the midfield trio of Barella Georginho Verratti (with whom Italy has stayed home since the World Cup, just to remember that) and not start offering new solutions, perhaps even calling on people like Locatelli and Fagioli, or thinking about assets or for different elements as it is Isn’t there a real striker in the average three blue? If the concept is ‘regeneration’, why not do it in 360 degrees given that matches with the big names on the pitch are wasted anyway?

Then there is another, not so important problem, which is also linked to a deep tactical theme: defense. Let’s be clear: a club in Serie A that appears at the start of the championship with a central defensive duo of Acerbi and Toloi will not make it to the top seven in the standings. And not because the two individually taken defenders don’t deserve one of the top seven teams, but because he’s a bad pair, with two players who have been playing with the best build in the three-man rearguard of their clubs for years: the thinking is true of most defenders in Mancini’s group. At this point, why not start proposing a young man like Scalvini, perhaps – in the absence of Bastoni, who is injured – with Romagnoli forming a valuable duo at Lazio with the overlooked Casal? From thinking about people to tactics: why should 4-3-3 be an indispensable credo? Especially if, in the absence of a big name like Chiesa, I have to limit myself to using Pellegrini as a false winger while Zaccagni is still in the ‘penalty’?

This form also reduces Berardi’s appearance to a pure one, if there is no real striker on the opposite wing (at Sassuolo, the number 10 scores great, but alongside real strikers), and he seems helpless on the left. And why not consider a three-man defense, given that most Azzurri defenders are more accustomed to – and more comfortable with – playing in this setup? The solution to the mystery belongs to Roberto Mancini, who certainly has many excuses but should try to continue in the blue cycle with a little healthy realism, with fewer dogmas and less gratitude. Because this discourse at the time of thanksgiving for the final continental victory can also be applied to it quietly, and even more so after the World Cup that the Italians experienced in front of the TV.

Xbox Game Pass guarantees players, money, and exposure to the founder of No More Robots

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During GDC 2023, Mike Rose – founder of independent publisher No More Robots – gave a presentation discussing Xbox Game Pass value to his company. His speech is long and interesting and below we convey the most important details, which are above all related to the game Let’s Build a Zoo.

Rose said that listing the game on Game Pass Eliminates the risk of project failure Financially, as financial terms are agreed upon in advance rather than having to wait for sales results.

The consistent base for Game Pass subscribers It also ensures a large player base at launch, which means that the studio can focus on content support after launch. This ultimately benefits the studio, as many players who already play the game as part of their subscription will purchase the downloadable content.


Let's build a zoo
Let’s build a zoo

Rose said that four times more people have purchased the Let’s Build a Zoo DLC than those who have only purchased the base game. Among those who have purchased the base game, there is an unusually high percentage Bought the base game bundle with the DLC included, according to Rose, because consumers want to continue accessing purchased DLC even after the game leaves Game Pass. Finally, he said Game Pass players provide a great deal of feedback, which can be invaluable to smaller developers.

practically, Game Pass guarantees sales DLCs ​​and even the base game, because many enthusiasts want to make sure they always have access to the game. It’s obviously a specific example of Let’s Build a Zoo, but in principle it defines the idea of ​​an audience willing to invest extra money on top of the money spent on Game Pass.

Rose also said that when the studio releases a game on multiple platforms with a one day launch on Game Pass, The number of Xbox gamers far exceeds all other gamers. He said that at least 80% of gamers usually use an Xbox.

However, Microsoft itself has admitted that Game Pass “cannibalizes sales,” at least potentially. But Rose is very conservative about it.

“From my point of view, as someone who put so many titles into Game Pass, it’s impossible to say. We’ve definitely had titles that outsold when they entered Game Pass, and we’ve had titles after they entered Game Pass or were released from Game Pass, they didn’t see any change in sales.” They were getting before or after.The main problem with the “Game Pass kills sales” claim is that no developer or publisher has any idea how many copies their game will sell on Xbox if it doesn’t launch on Game Pass.How can you say definitively That this is the case?”.

Rose said that for a company the size of No More Robots, the two most important things Game Pass brings to the table are “money and players.” The market is full of games and it’s hard to catch the attention of fans when you have to compete with hundreds of titles at once. In Game Pass, on the other hand, the competition consists of a few dozen games, at most, at the time the video game is launched.


Game Pass includes many indie games as well as many AAA games
Game Pass includes many indie games as well as many AAA games

“We need money to make sure that the developers we work with get paid well for their hard work, so the massive influx of players we get for each game means that a lot of people will be talking about your game, which is great both for short term and long term success.” term for any stock, Rose said. “I think it’s more complicated for a publisher that’s much larger than ours: they have investors that have to keep them happy, they have criteria that they have to hit, and so it might not be that simple to sign up for them. For us, on the other hand, it’s just: Is the money right? So it’s okay.”

While a supporter of Game Pass, Rose admits that the new levels for PlayStation Plus They seem to be competing directly with Game Pass. So while No More Robots has been a hit with Game Pass, Rose is also eyeing PlayStation. The studio put Descenders on PlayStation Plus, which Rose says has added hundreds of thousands of new players. “PS Plus is great, just like Game Pass for us,” he said. “We’d definitely like to include more titles in the future.”

Among the games that have arrived on Game Pass that was announced recently, there is also Venba.

Panic in Germany, 17-year-old injured

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Moments of pure terror on a connecting road regional train Cottbus to Frankfurt am Main, In Germany. A man armed with an ax attacked the passengers who were in different carriages. The worst was a 17-year-old girl who had been hit in the head.


According to German media reports, the girl’s life is not in danger. Police have arrested a 37-year-old man of Polish nationality for allegedly being responsible for the attack, which took place on Friday 24 March. The motive is not explained.


Ax attack on the train

German police did not provide many details about the incident. According to information reported by local newspapers, the 37-year-old was going to take the A train Jobin. Once on board, he walked inside several carriages brandishing a weapon that looked very much like an axe.

A 17-year-old was shot in the head and is now in hospital, but her life will not be in danger. The alarm was sounded at around 1pm on Friday 24 March and agents intervened soon after. The attacker, a 37-year-old Polish citizen, was arrested. However, the motive behind the attack was not made clear.


In 2016 a similar episode took place in Germany

A similar incident occurred, also in Germany, in 2016. On that occasion, a 17-year-old Afghan asylum-seeker attacked passengers on a train heading to würzburg (Bavaria) using an axe.

The final outcome was that four people were injured, two of them in serious condition, and all of them are members of a Chinese family. The young attacker was killed by the police while trying to escape.

Image source: 123RF

Ultimate Challenge for Snowboard Cross CDM at Mount St. Anne: Azuri OKs Qualifiers

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Five Italians will compete in the final of the Snowboard Cross World Cup, scheduled for the weekend on the Canadian snow of Mount St. Anne (Saturday live elimination stage starts at 5.30 pm, Sunday Race-2 at 5.00 pm) .

In case of eligibility, Lorenzo Somariva became the Azzurri’s best in sixth, with Omar Visintin, 19, going all out in these last two races and trying to overtake Martin Norl, who preceded him with Lucas Aguibar and Lone. The Pozzolo runs near the South Tyrolean. The good news: as of today, Norl, Aguibar and Bosolo will already compete in the quarter-finals, and at least one of them will be out, with the Azzurri Matteo Menconi (27th test in qualifying) at the top of the scoreboard (27th test in qualifying) in the round of 16 with Somariva and Michael Godino, 26th, tomorrow. Plays his cards.

In front of everyone Landlord Elliott Grandin was ahead of Austrian and world champion Jakob Dusek.

Francesca Galina, on the other hand, made the cut in the women’s qualifiers and finished 11th, while another player in blue from Canada, Sofia Belingeri, finished second with an 18th time trial. Charlotte Banks is the favorite for “coppone” over Chloe Trespeuch, today in the “Prologue” Canadian Audrin McManinan finished ahead of everyone, followed by American Lindsey Jacobellis and German Jana Fischer.

Day Bags March 24 | Deutsche Bank is collapsing, Europe is in sharp decline with banks, Milan’s black shirt

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European stock exchanges are in for a storm again. And the fault always lies with the banks: Among the most targeted groups in the financial day is the German giant Deutsche Bank, whose shares lost 15% on Friday morning. Obviously, the collapse of the largest German bank and one of the largest in the old continent affected the entire European banking sector and the change in price lists, already tested by the Credit Suisse crisis, the bankruptcy of California Svb and by the First Republic, another American institution near collapse (Here is the performance of the stock exchange in real time). bank index The Euro Stoxx 600, which contains the continent’s largest lenders, was down 4.6% by mid-morning, Overcoming weaknesses in general national indicators.

The words of Lagarde and Schultz at the European summit

At the European Summit, Christine Lagarde, President of the European Central Bank, reassured leaders, saying, “The banking sector in the eurozone is resilient because it has strong positions in terms of capital and liquidity.” Therefore, Lagarde’s warning remains “progress in completing the banking union.” Then German Chancellor Olaf Scholz defined the banking system in the European Union as “strong and safe”, emphasizing the fact that it had “the necessary control structures”.

Data and Avari Square

Milan (-2.3%), Madrid (-2.6%), Frankfurt (-1.8%), Paris (-1.8%), London (-1.3%) and Zurich (-1.25%). Eurozone government bond yields fell sharply in the bond market: the 10-year note fell to 2.02% (-21 basis points) and the 10-year BTP to 3.94% (-14 basis points), with a spread at 192 points (Here is the trend of the spread in real time). As expected in Piazza Avari, the banking sector boosted sales, which posted huge losses, in line with European listing titles. Bper Banca fell by 5.21%, followed by Banco Bpm by -5.1%, while Banca Monte Paschi Siena fell by 5.09%.

The collapse of Deutsche Bank and fears for European banks

Black Friday for European bank stocks is linked to the collapse of Deutsche Bank, which plunged as much as 15% in the stock market before recovering -10% to €8.06. Germany’s Commerzbank lost 9%, France’s Societe Generale lost 7% and Finland’s Nordea Bank lost 9.8%. After tensions erupted in US regional banks and the hasty takeover of Credit Suisse by rival UBS last weekend, there remains concern about the financial blowback that banks could suffer from aggressive rate increases set in by central banks. “There remains a nagging question among market participants as to whether the turmoil in the banking sector is over or whether there will be a broader contagion,” he said. financial times Moopen Tahir, director of macroeconomic research and tactical solutions at WisdomTree Europe. Deutsche Bank, in particular, pays the increased cost of insurance to protect itself against debt default (the so-called “credit default swap”, a derivative that works like insurance and pays out if the company defaults on its payments which is considered an indicator of the solidity of the bank ). All it took was a surge in the bank’s five-year CDS prices, which rose from 134 basis points on Wednesday to 198 basis points on Friday, to knock the bank’s shares on the Frankfurt Stock Exchange.

Central bank movements

Moreover, after only raising the Fed on Wednesday, it is clear that the Fed and the European Central Bank are not going to stop monetary policy actions. This causes concern in the markets. The Federal Reserve proceeded to raise interest rates by 0.25 percentage points on Wednesday, and the Bank of England raised its main interest rate by 0.25 percentage points on Thursday. The Swiss National Bank raised interest rates by 0.5 percentage point on Thursday despite being a major scene of a bank panic due to the collapse of Credit Suisse and a forced takeover by rival UBS. Last week, the European Central Bank raised interest rates by 0.5 percentage point.