The world is about to face an acute food crisis due to skyrocketing food prices, German Economic Cooperation and Development Minister Svenja Schulze told Bild newspaper on Saturday, warning about a looming famine not seen since World War II. The minister has named Covid-19 pandemic and Russia’s ongoing military operation …
Read More »Ukraine is winning the battle on Twitter, but in the real world Kiev is losing the fight for the Donbass
Western media coverage of the Ukraine conflict has been so hysterically one-sided, and divorced from reality, that it’s probably only a matter of time before Iraq’s erstwhile ‘Comical Ali’ is brought out of retirement to insist that there are no Russians advancing towards the Ukrainian army’s front lines. Meanwhile, the actual …
Read More »Ukraine is winning the battle on Twitter, but in the real world Kiev is losing the fight for the Donbas
Western media coverage of the Ukraine conflict has been so hysterically one-sided, and divorced from reality, that it’s probably only a matter of time before Iraq’s erstwhile ‘Comical Ali’ is brought out of retirement to insist that there are no Russians advancing towards the Ukrainian army’s front lines. Meanwhile, the actual …
Read More »World on brink of commodities shock – study
Global energy prices are projected to rise dramatically, culminating in the biggest price jump in commodities in nearly half a century, the World Bank has warned. According to the bank’s April Commodity Markets Outlook report, global energy prices, which have already seen a dramatic surge due to ongoing Covid-19 lockdowns …
Read More »Crisis in Ukraine result of US desire to build unipolar world – Russia
The conflict between Moscow and Kiev, as well as the ongoing Ukrainian crisis, is the direct result of the West’s push to create a unipolar world, one which involved NATO’s unabated eastward expansion, Russian Foreign Minister Sergey Lavrov told China’s Xinhua News Agency in an interview published on Saturday. “The …
Read More »Bans on Russian athletes are ripping out a huge piece of the sporting world
One of the unspoken rules of human affairs is that ordinary citizens should never be personally harassed for the political actions of their leaders. That truism has never been properly observed enough, and went completely out of the window when Russia began its military operation in Ukraine. This week, Serbian tennis …
Read More »Extreme poverty in India has been cut by half, World Bank says
Extreme poverty in India, the second-most populous country in the world, is estimated to have declined by 12.3 percentage points between 2011 to 2019, the Economic Times reported on Monday, citing a World Bank Policy Research Working Paper. According to the report, the count dropped from 22.5% in 2011 to …
Read More »World’s biggest sovereign wealth fund takes a hit
Norway announced on Thursday that the nation’s sovereign wealth fund, the world’s largest, lost $74 billion (- 4.9%) during the first quarter of the year due to the market turmoil caused by geopolitical tensions in Ukraine. According to the country’s central bank, which operates the $1.3 trillion fund, the world’s …
Read More »FBI warns cyber attacks could impact world food supply
The top US law enforcement agency has warned of increased cyber attacks on agricultural cooperatives, saying hackers could target large-scale farms and potentially impact the world’s food supply. The FBI’s Cyber Division issued a notice to private industry earlier this week, pointing to a growing number of ransomware attacks on …
Read More »Wang Wen: The world has become more dangerous and the chances of WW3 are increasing
The Russian-Ukrainian armed conflict has become protracted, making the world a more dangerous place. On the surface, it is a military struggle between Kiev and Moscow’s forces in the western and southern theaters. However, in essence, it’s a total outbreak of a Cold War-esque confrontation in Eastern Europe, and it is …
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