Warsaw, Poland | Xinhua | Russia is to halt natural gas supplies to Poland and Bulgaria from Wednesday, according to energy companies and authorities. Poland’s state oil and gas company PGNiG said on Tuesday that Russia’s energy corporation Gazprom will suspend its gas supplies to Poland from Wednesday evening. “PGNiG has …
Read More »Erdogan urges Putin for leaders’ summit to solve Ukrainian crisis
Ankara, Turkey | Xinhua | Turkish President Recep Tayyip Erdogan on Tuesday once again urged his Russian counterpart Vladimir Putin to hold a summit with Ukrainian President Volodymyr Zelensky. During a phone talk, Erdogan told Putin that the “continuation of the positive momentum achieved in the Istanbul talks” to reach peace …
Read More »Western attempts to split Russian society unsuccessful: Putin
Moscow, Russia | Xinhua | Russian President Vladimir Putin said Monday that the West had failed in its attempts to divide Russian society and destroy it from within. During an expanded meeting of the Prosecutor General’s Office Board, the president noted that the West and its allies were urging Kiev to …
Read More »Sanctions not solution to end Ukraine crisis, says Hungarian expert
Budapest, Hungary | Xinhua | The European Union (EU) has already announced five rounds of sanctions against Russia, including an import ban on Russian coal. But according to Hungarian political scientist Csaba Moldicz, the sanctions will most likely not reach the desired effect of ending the current conflict in Ukraine. …
Read More »Food price shocks
Governments can learn from the food price crises of 2008-2013, when African states put in place insulating policies COMMENT | MARK REDWOOD AND STEVE WIGGINS | In the weeks since Russia invaded Ukraine, commodity markets have been rocked, as both economies have effectively been removed from global trade. Ukrainian exports …
Read More »Preventing developing-economy debt disasters
Why it is the world’s poor – 70% of whom live in Africa – who will bear the brunt of Putin’s war COMMENT | ROBAH AREZKI AND MAHMOUD MOHIELDIN | The world’s breadbasket is being wrecked by war. Ukraine and Russia together account for 30% of global wheat and …
Read More »Russia successfully test-fires Sarmat strategic missile
Moscow, Russia | Xinhua | Russia announced that it successfully test-launched a Sarmat intercontinental ballistic missile on Wednesday at a time when Moscow-West tensions have sharply escalated over Ukraine. The missile was fired from a silo at 15:12 Moscow Time (1212 GMT) at the Plesetsk state test cosmodrome in northwest Russia’s …
Read More »UN chief asks Putin, Zelensky to meet with him in Moscow, Kiev
United Nations | Xinhua | UN Secretary-General Antonio Guterres has asked both the Russian and Ukrainian leaders to receive him to discuss steps to bring about peace following Russia’s special military operation in its neighbor. Stephane Dujarric, spokesperson for the secretary-general, said on Wednesday in a statement that separate letters were …
Read More »IMF cuts 2022 global growth forecast to 3.6 pct amid Russia-Ukraine conflict
Washington, U.S. | Xinhua | The International Monetary Fund (IMF) on Tuesday slashed global growth forecast for 2022 to 3.6 percent amid the Russia-Ukraine conflict, 0.8 percentage points lower than the January projection, according to its newly released World Economic Outlook report. The Ukraine crisis unfolds while the global economy is …
Read More »Russia begins second phase of special military operation in Ukraine: Lavrov
Moscow, Russia | Xinhua | The second phase of Russia’s special military operation in Ukraine has begun, Russian Foreign Minister Sergei Lavrov said Tuesday. The operation in eastern Ukraine is aimed at “completely liberating” the populations of Donetsk and Lugansk, Lavrov said during an interview with India Today. “This operation will …
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