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Record levels of child hunger reported in Horn of Africa

The international charity Action Against Hunger has reported the highest level of severe child malnutrition in Somalia since it began work in the country three decades ago. The organization pointed to a 55% increase in admissions to the centers it operates in the country from January to April of this …

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US reveals record number of its troops in Poland

The US ambassador to Poland revealed on Thursday that there are 12,600 of America’s military personnel in the EU member state at the moment, the largest number in history. As NATO conducts massive exercises on Ukraine’s doorstep, Poland and the Baltic states have asked for even more troops, according to …

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Americans paying record prices at the pump

US gasoline prices have been setting all-time highs on a daily basis over the past two weeks, according to American Automobile Association (AAA) data. The national average hit a record $4.523 per gallon (3.785 liters) on Tuesday, with every US state now averaging more than $4. California’s state average for …

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Global wheat prices hit record high

Wheat prices surged to a new record high on Monday after India decided to prohibit exports of the commodity as a heatwave hit production. The price climbed to €435 ($453) per ton as the European market opened. Soft red winter wheat for July delivery rose 4.2%. New Delhi said this …

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Global military spending breaks record

The military spending of all nations combined set a new record in 2021, exceeding the $2 trillion mark for the first time ever, the Stockholm International Peace Research Institute (SIPRI) revealed in a report published on Monday. Governments spent a total of $2.113 trillion on weapons last year. The top …

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German chancellor’s popularity at record low

Nearly half of Germans are dissatisfied with Chancellor Olaf Scholz’s performance, a recent poll has revealed. According to the survey, the German head of government’s popularity is at its lowest point since he was sworn in, last December. The survey conducted by German pollster Insa and commissioned by newspaper Bild …

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Russia to see record capital inflow this year – reports

Russia’s balance of payments surplus could hit a historic high this year, amounting to $200-$300 billion, business news outlet RBC reported on Monday. Economists polled by RBC have predicted record capital inflows into the country, despite the tightening Western sanctions. They pointed to major factors behind the inflow, such as …

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Biden’s approval rating sinks to record low – poll

Americans have grown even more disenchanted with Joe Biden’s performance as president amid the conflict in Ukraine, and few observers have confidence in his ability to deal with the crisis, a new NBC News poll has revealed. Just 40% of adults approve of Biden’s job performance, down from 43% in …

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European consumer prices climb at highest rate on record

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 mortgages balloon to record high

The average mortgage in the United States has set a new record high amid increasing interest rates and falling demand, the Mortgage Bankers Association reported this week. The average loan size to buy a home stands at $453,000, according to Joel Kan, MBA’s Associate Vice President of Economic and Industry …

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