G7 leaders have called for an extraordinary session of the Council of the Food and Agriculture Organization in a bid to prevent the Ukrainian conflict from turning into a global food crisis, while French President Emmanuel Macron presented his own “initiative for food security.” According to a communique adopted on …
Read More »Oil risks further surge in price after pipeline damage, experts warn
The Caspian Pipeline Consortium (CPC) – one of the world’s key pipelines – was forced to suspend the operation of one of the remote mooring devices at its Marine Terminal near Novorossiysk due to “critical” storm-caused damage to the equipment. As a result of the incident, the oil deficit on …
Read More »Ukraine’s proposed nuclear weapons program risks setting off ‘chain reaction’ – researcher
Kiev has recently hinted that it may try to get its own nuclear weapons amid tensions with Russia. However, not even Ukraine’s allies in the West would support this move, Ilya Kramnik, a researcher at the Moscow-based Institute of World Economy and International Relations of the Russian Academy of Sciences …
Read More »IMF warns Bitcoin-friendly country of ‘large risks,’ president responds
The International Monetary Fund (IMF) encouraged El Salvador to drop Bitcoin’s status as an official currency on Tuesday, warning that the cryptocurrency could cause financial instability. In a statement, the IMF claimed El Salvador’s decision to adopt Bitcoin as legal tender last year “entails large risks for financial and market …
Read More »US aviation authority raises 5G risks days ahead of launch
The US Federal Aviation Administration (FAA) has revealed it’s in talks with aircraft manufacturers, airlines, and wireless service providers to reduce the impact of the new technology ahead of its planned launch on January 19. In notices to air missions (NOTAMs) published on Thursday, it stated that “aircraft with untested …
Read More »Economy risks overheating – Bank of Russia
The economy of the world’s largest country is reaching a point where its productive capacity is unable to keep up with growing demand due to labor shortages, a senior official at the Bank of Russia has cautioned. Speaking in an interview with YouTube channel Bitkogan on Wednesday, Kirill Tremasov, the …
Read More »Russia risks becoming ‘appendage of China’ – Bolton
Speaking to RTVI, a TV channel based in both Moscow and New York, John Bolton, who served as Trump’s national security advisor, suggested China could serve as a point of convergence in US-Russian relations. “I would like Russia to realize there are issues where we can find common ground, such …
Read More »NATO risks crossing Russian ‘red lines’ – influential German diplomat
Speaking as part of an interview with German daily Handelsblatt on Saturday, Wolfgang Ischinger claimed Russian President Vladimir Putin “has long been haunted by the fear” that America still wanted to make Ukraine and Georgia members of the organization. The chair of the overwhelmingly pro-NATO event acknowledged this was a …
Read More »Russia comments on risks of space missile tests
Speaking at a press conference on Tuesday, Foreign Minister Sergey Lavrov said that instead of launching “unfounded accusations,” Russia “would prefer that the United States… actually sit down at the negotiating table and discuss its grievances.” He went on to add that “it would be very interesting for us to …
Read More »US withdrawal from nuclear treaty risks sparking ‘new arms race’ in Asia, Putin says, after claims China tested hypersonic missile
Speaking at the 16th East Asia Summit on Wednesday, Putin said, “We have repeatedly warned that the termination of the treaty on intermediate and short-range missiles [INF] means the region is now facing the possibility of these strike weapons appearing across its vast space, and a new arms race as …
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