The instability caused by the conflict in Ukraine could plunge nations in Africa and the Middle East into a deep food crisis in the next 12-18 months, French President Emmanuel Macron warned on Thursday, addressing concerns about countries that are dependent on trade with Russia. “Due to the war in …
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February consumer price inflation in Europe accelerated by 5.9% compared to last year’s 0.9% per annum, marking the fastest annual jump on record, Eurostat statistics agency said on Thursday. The indicator rose sharply from 5.1% in January. Prices spiked most in Lithuania (14.0%), Estonia (11.6%) and the Czech Republic (10.0%). …
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US Representatives Ro Khanna and Joe Wilson said they met with India’s ambassador to urge his country to denounce Russia’s military operation in Ukraine, after New Delhi agreed to purchase a quantity of Russian oil despite a wave of new sanctions from the West. “Grateful to join my colleague in …
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The US House has passed a bill to suspend normal trade relations with Russia and Belarus, opening the door to new tariffs as the latest punishment of Moscow over its military offensive in Ukraine. The legislation passed the House on Thursday with just eight lawmakers, all Republicans, voting against it. …
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Neo-Nazis in Western Europe are trying to exploit Russia’s military offensive in Ukraine toward their own ends, including opportunities to commit bloodthirsty acts and reshape the former Soviet republic into a haven for white nationalists, a leading terrorism analyst has claimed. “Some neo-Nazis simply see this new war as a …
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Pentagon chief Lloyd Austin said a no-fly zone over Ukraine remains off the table, explaining that the move would mean direct confrontation between US and Russian fighter jets and likely a hot war with Moscow. Asked about Ukrainian President Volodymyr Zelensky’s repeated calls on Western powers to take control of …
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UK Prime Minister Boris Johnson’s bid to secure the assistance of Middle East oil exporters in pressuring President Vladimir Putin to end Moscow’s military offensive in Ukraine has come up empty, failing to win any immediate pledges from Saudi Arabia and the UAE to increase crude production. Johnson ended his …
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New Zealand has joined the ranks of countries seeking to punish Russia over its attack on Ukraine, imposing the first of what it said would likely be multiple waves of sanctions against President Vladimir Putin and other officials and entities. Governor-General Cindy Kiro formally signed off on the sanctions on …
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British Defence Secretary Ben Wallace has accused Russia of “dirty tricks” and ordered a security investigation into how someone pretending to be the Prime Minister of Ukraine could have phoned him on Thursday. “Today an attempt was made by an imposter claiming to be Ukrainian PM to speak with me,” …
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The US Federal Reserve’s Federal Open Market Committee has boosted its benchmark interest rate by 25 basis points, the first increase in over three years as the policymaking body seeks to rein in near-record inflation. The new rate will run between .25% and .5%. In addition to the rate hike …
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