Food prices, already at record highs, could rise another 22% due to conflicts between Russia and Ukraine, which disrupt trade and reduce future harvests, the Food and Agriculture Organization (FAO) has warned. , for its acronym in English). The FAO report published on Friday shows the far-reaching consequences of the war on the global food […]
Tag: Russia
New round of talks between Russian and Ukrainian negotiators begins
Updated on 03/14/2022 07:52 am The fourth round of negotiations between Russia and Ukraine began Monday morning via videoconference, said Mykhailo Podoliak, a negotiator and adviser to Ukrainian President Volodimir Zelensky. “Communication (with Moscow) is still established although it is complicated,” Podoliak wrote on Twitter, stating that “both parties would express their concrete positions”. “The […]
The Economist: War and sanctions have caused commodity chaos
Global commodity crises tend to cause severe economic damage and political upheaval. The oil shocks of the 1970s left Western economies with runaway inflation and deep recessions. Oil revenues also helped prop up the Soviet Union and fueled the export of Saudi extremism. The skyrocketing of grain prices in 2010 and 2011 was the trigger […]
US shale drilling fastest growing in a month
Updated on 03/14/2022 06:00 am Shale explorers returned to growth mode this week, adding the most rigs in a month, as the Biden Administration asks them to release more crude to offset a ban on Russian oil. This week 8 oil drilling rigs were added in United Statesreaching a total of 527, the largest increase […]
Searching for and Seizing Virtual Evidence of War Crimes in Ukraine
The prosecutor of the International Criminal Court (ICC) has begun collecting incriminating evidence of war crimes and crimes against humanity committed in Ukraine. Virtual detectives join in putting evidence from social networks in a safe place to help guarantee that accountability. as it happens in Syria since 2011, the Rohingya genocide since 2016, or even […]
Intense investor withdrawal hits global debt market
Updated on 03/14/2022 05:38 am Investors are getting out of debt as they try to weather wild market swings triggered by the Russian invasion of Ukraine and the prospect of multiple rate hikes. Speculative-grade and investment-grade bond funds have suffered nine consecutive weeks of sizeable capital outflows, totaling $12.8 billion and $2.8 billion, respectively, according […]
Russian oil business in Venezuela hinders dialogue between the US and Maduro
Much has been written about the obstacles that hinder a détente between the United States and Venezuela that would allow the South American nation’s oil to begin to flow more freely to international markets. However, one of them has been overlooked: the presence of a Kremlin-owned company in Venezuela’s oil fields. The company, called Roszarubezhneft, […]
Russian television, or the alternative reality of the “special military operation” in Ukraine
Two mainstays of Russia’s independent press in recent years, Ekho Moskvy (Echo of Moscow) radio and Dozhd (Rain) television, have suspended their broadcasts, and access to pro-opposition news sites and major social networks has been blocked. The best-known independent newspaper in Russia, Novaya Gazeta –whose editor-in-chief won last year the Nobel Peace Prize— will delete […]
Living under occupation in Ukraine between Russian propaganda and protests
The cancellation of the payment of the credits and a drop in the rates of public services. These are some of the promises spread by the Russians to the residents of the Ukrainian populations that they manage to control militarily, in which, despite the occupation and propaganda, protests against the invasion continue to take place. […]
Invasion in Ukraine: withdrawal of foreign companies greatly affects Russia
In 1990 McDonald’s opened its first store in Puhkin Square in Moscow; However, after 32 years, the franchise announced this week that it will temporarily close its 847 restaurants in Russia, due to the invasion of Ukraine initiated by Vladimir Putin on February 24. Before this new announcement, McDonald’s joins hundreds of companies that have […]