Tehran, Iran | Xinhua | Iran’s Foreign Ministry on Thursday rejected a U.S. official’s claims as “lies” about Iran’s alleged involvement in the Ukraine conflict. The ministry’s spokesman Nasser Kanaani tweeted that “apparently, lying and cheating are contagious among U.S. politicians who resort to fabrication for evil ends.” Jake Sullivan, Biden’s …
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United Nations | Xinhua | The world is facing a cost-of-living crisis unseen in at least a generation, partly due to the Ukraine conflict, said a UN report on Wednesday. “The largest cost-of-living crisis of the 21st century has come when people and countries have a limited capacity to cope,” said …
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Addis Ababa, Ethiopia | Xinhua | The African continent has become a collateral victim of the ongoing Russia-Ukraine conflict, the Chairperson of the African Union (AU) Commission Moussa Faki Mahamat said Wednesday. “By profoundly upsetting the fragile global geopolitical and geostrategic balance, it (Ukraine conflict) has also cast a harsh light …
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Nairobi, Kenya | Xinhua | The Russia-Ukraine conflict is exerting a negative impact on Africa’s aviation sector, experts said Monday. Abderahmane Berthe, secretary-general of the African Airlines Association, said at a continental aviation forum that the conflict has resulted in a high cost of fuel for aircraft. “We hope that this …
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Moscow, Russia | Xinhua | Russian President Vladimir Putin signed a decree on Tuesday on retaliatory sanctions against individuals and entities in response to their “unfriendly actions” over the Russia-Ukraine conflict. The measures will be taken in retaliation to “the unfriendly actions of the United States, foreign states and international organizations …
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Rome, Italy | Xinhua | Italy’s government on Monday adopted a decree that eliminates excise taxes on some forms of natural gas and methane to help tackle surging energy prices due to the Russia-Ukraine conflict. According to a statement from the office of Prime Minister Mario Draghi, excise taxes on gasoline, …
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Energy prices are expected to rise more than 50 percent in 2022 before easing in 2023 and 2024 Washington, U.S. | Xinhua | The Russia-Ukraine conflict has dealt “a major shock” to commodity markets, altering global patterns of trade, production and consumption, the World Bank (WB) said in a report released …
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Abuja, Nigeria | Xinhua | The ongoing Russia-Ukraine conflict resulting in the disruption of wheat exports has pushed wheat prices higher by 60 percent in Africa, President of the African Development Bank (AfDB) Akinwunmi Adesina said in Abuja, the Nigerian capital, on Tuesday. Adesina, in a meeting with Nigerian President Muhammadu …
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United Nations | Xinhua | Drought and Ukraine conflict fallout could increase hunger in the Horn of Africa from 14 million people to 20 million by year’s end, a UN spokesman said on Tuesday. Stephane Dujarric, the chief spokesman for UN Secretary-General Antonio Guterres, said the hardest-hit countries face increasing hunger …
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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 …
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