Tag Archives: Russia

Moscow, Russia | Xinhua | Western countries’ “economic blitzkrieg” strategy against Russia has failed, President Vladimir Putin said Monday at a government meeting on economic issues. The main negative factor for the Russian economy in recent years has been Western sanctions, which were aimed at “quickly undermining the financial and economic …

Sanctions by the United States and its allies against Russia have worsened food inflation across the African continent Addis Ababa, Ethiopia | Xinhua | The impact of the Russia-Ukraine conflict is felt internationally, but it affects wheat and oil importing African countries worst, a business leader has said. “The Russia-Ukraine conflict …

Moscow, Russia | Xinhua | Russia will expand the scale of its missile strikes on Kiev in response to any Ukrainian forces’ attacks or sabotage on Russian territory, the country’s defense ministry said Friday. “Russian troops and forces of the Donetsk People’s Republic have taken control of the Ilyich Iron and …

Washington, U.S. | Xinhua | The International Monetary Fund (IMF) chief said Thursday that the organization will revise down its global growth forecast amid the Russia-Ukraine conflict, the impact of which will contribute to downgrades for 143 economies this year. “To put it simply: we are facing a crisis on top …

As the conflict drags on, African countries with trade ties with Russia and Ukraine face wheat and fertilizer supply shortages Addis Ababa, Ethiopia | Xinhua | The Russia-Ukraine conflict has rocked several countries in Africa, particularly net importers of commodities, a senior economist has said. Tewodros Mekonnen, an economist at the …

United Nations | Xinhua | UN Secretary-General Antonio Guterres on Wednesday called for action to mitigate the global impact of the Russia-Ukraine conflict on food, energy and finance systems. The conflict is supercharging a three-dimensional crisis of food, energy and finance that is pummeling some of the world’s most vulnerable people, …

Vladivostok, Russia | Xinhua | Russian President Vladimir Putin said Tuesday at a joint press conference that it was important to deepen integration between Russia and Belarus in the face of all-out Western sanctions. Putin and Belarusian President Alexander Lukashenko hosted the joint press conference at the Vostochny Cosmodrome in Russia’s …

The conflict has pushed up food and energy prices, and reduced the availability of goods exported by Russia and Ukraine Geneva, Switzerland | Xinhua | The ongoing conflict between Russia and Ukraine has dealt a severe blow to the global economy, reducing forecasted global trade growth for 2022 from the 4.7 …

Brussels, Belgium | Xinhua | European Union foreign ministers did not decide on sanctions targeting Russia’s oil and gas, EU’s High Representative for Foreign Affairs and Security Policy Josep Borrell said on Monday. Addressing the media following a meeting of the EU’s foreign ministers in Luxembourg, Borrell said that although no …

Moscow, Russia | Xinhua | Russia’s armed forces have destroyed air defense equipment supplied to Ukraine by a European country, the Russian Defense Ministry said Monday. “On April 10, high-precision sea-based Kalibr missiles destroyed the equipment of an S-300 anti-aircraft missile division, which was supplied to Kiev by a European country,” …