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Russia offers help with food crisis

Food shortages across the globe are not Moscow’s fault but Russia is ready to help alleviate them by exporting grain and fertilizers – if the West removes its “politically motivated” embargo, President Vladimir Putin told Italian Prime Minister Mario Draghi during a phone call on Thursday. Putin pointed out it …

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Food crisis not linked to sanctions – US

Despite sounding the alarm about rising global food prices, the US has no intention of lifting restrictions on Russian trade, US State Department spokesman Ned Price told journalists during a daily briefing on Wednesday. Moscow says they affect its ability to export food and fertilizer, but that is a “lie,” he …

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Kremlin reveals cause of looming food crisis

Sanctions imposed on Moscow are the real cause of a looming global food crisis, not Russia’s actions, Kremlin spokesman Dmitry Peskov told journalists on Monday.  He said that Russian President Vladimir Putin agreed with UN Secretary General Antonio Guterres’ opinion that there was a risk of global hunger.  “That is …

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Russian exports can solve global food crisis – UN

Food products and fertilizers from Russia, Ukraine and Belarus must be allowed on the world markets if the global community wants to stem an unfolding food crisis, UN Secretary-General António Guterres said at a ministerial meeting on global food security on Wednesday. “Let’s be clear, there is no more effective …

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Egypt assesses impact of Ukraine-related crisis

Egypt’s economy has sustained losses of up to 130 billion Egyptian pounds ($7 billion) amid the Ukrainian crisis, according to the country’s Prime Minister Moustafa Madbouly, as quoted by TASS. “The aftermath of the war has placed a huge financial burden on us and we have invested 130 billion pounds …

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US cancels oil lease sales despite fuel crisis

President Joe Biden’s administration has canceled three offshore oil and natural-gas lease sales, including one in Alaska, diminishing prospects for new sources of supply even as record gasoline prices help keep the US inflation rate at a 40-year high. The US Department of the Interior (DOI) announced the decision on …

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