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US Senator suggests cocaine solution to fuel crisis

Republican senator John Kennedy has said he knows how to deal with the record-breaking gas prices in the US, suggesting that Americans would be better off using drugs instead of fuel to get around. The average price for a gallon of gas across the US has been setting records for …

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Britain looks to head off energy crisis

UK authorities are in talks to reopen a key natural gas storage facility to tackle the energy crunch that has gripped the country and the rest of Europe, according to unnamed sources as quoted by Bloomberg. The government and Centrica, a British multinational energy and services company are reportedly discussing …

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Russia not to blame for global food crisis – Putin

The restrictions imposed by the US and its allies against Russia and Belarus will only exacerbate the looming global food crisis by affecting the fertilizer trade and sending food prices even higher, Russian President Vladimir Putin has said. In a special TV interview on Friday evening following a meeting with African …

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Biden admits underestimating baby formula crisis

The White House didn’t initially believe that the closure of one baby formula manufacturer could lead to widespread shortages across the US, President Joe Biden admitted on Wednesday. “I don’t think anyone anticipated the impact of the shutdown of one facility,” Biden said during a meeting with executives of five …

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UN outlines solution to global food crisis

There is no other solution to the global food crisis than the prompt reintegration of both Russia and Ukraine into global food markets, despite the military conflict between the two countries, UN Secretary-General Antonio Guterres said on Wednesday. Speaking at a press conference with Swedish Prime Minister Magdalena Andersson, he …

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Russia names profiteer from Ukraine crisis

American corporations and financial institutions are conducting a rapid expansion into Europe, using the crisis in Ukraine for their gain, the secretary of Russia’s Security Council, Nikolay Patrushev, said during a meeting of the body on Tuesday. Among other things, American firms “have already taken under their control a segment …

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Swimming pools risk closure amid economic crisis – media

The UK fitness industry could be destroyed by the end of the year amid rising inflation and the cost-of-living crisis, the Financial Times reported this week. According to the publication, the rapid rise in electricity prices has been pushing fitness-club owners to save money by reducing opening hours, lowering temperatures …

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Global food crisis may spread from grain to sugar

Sugar prices are expected to soar due to the export restrictions imposed by a number of key producing nations seeking to tame rising domestic food prices. The impact of the Covid-19 pandemic, which seriously undermined global supply chains, has been dramatically aggravated by the crisis in Ukraine and the subsequent …

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Millions could starve due to Ukraine crisis – UN

The number of people in the world facing acute hunger is predicted to increase by 18 million due to the crisis in Ukraine, Maurizio Martina, the vice director of the UN Food and Agriculture Organization (FAO), said in an interview with Corriere della Sera, published on Friday. According to the …

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