The European Commissioner for Agriculture, Janusz Wojciechowski, warned that it will be “difficult” for the European Union (EU) find alternative sources of supply cereals and oilseeds from Ukraine and used in the community club for agricultural production in sectors such as pigs. “The EU pig sector is highly dependent on imports from Ukraine for a […]
Tag: Ukraine
US moves closer to oil countries with dubious reputations, after Russian invasion of Ukraine
Three disreputable oil regimes that have been spectacularly snubbed by President Joe Biden and previous US leaders – Venezuela, Saudi Arabia and Iran – are now being approached by Washington, at a time when world oil prices fuels reach alarming levels due to the Ukraine crisis. However, it is not clear whether US diplomacy will […]
Russia begins to lose favorable trade treatment in the WTO due to the war
Updated on 03/10/2022 01:50 pm Ukraine and Canada have been the first countries to withdraw from Russia the so-called “Most Favored Nation” treatment, one of the fundamental principles of international trade overseen by the World Trade Organization (WTO), said diplomatic sources close to the institution. . The European Union (EU) has announced its intention to […]
ECB reviews debt purchase schedule due to Russian invasion of Ukraine
The European Central Bank (ECB) stated that the Russian invasion of Ukraine is a turning point and therefore has decided to review the schedule of debt purchases for the coming months. After the meeting of the Governing Council, the ECB reported in a statement that it will end the debt purchases due to the pandemic […]
UN: after pandemic, Russian invasion of Ukraine aggravates world hunger
Updated on 03/10/2022 12:25 pm World hunger was already on the rise due to the pandemic and the situation was aggravated by the war in Ukraine, a region that produces grains, fertilizers and energy, warned the United Nations (UN). “We weren’t well even before the pandemic, hunger was on the rise and then the pandemic […]
Russia and Ukraine do not reach an agreement for a ceasefire and the offensive continues
The heads of Russian and Ukrainian diplomacy failed to reach an agreement for a ceasefire in Turkey on Thursday, in their first face-to-face after two weeks of invasion and hours after the bombing of a pediatric hospital in the city of Mariupol, which caused three dead and worldwide revulsion. “We wanted to get a 24-hour […]
Financial aid, crucial for services to continue operating in Ukraine after Russian invasion
Humanitarian and security aid is pouring in as the crisis in Ukraine worsens, but financial support is also vital to keep the government going. “The economy is collapsing”said Adnan Mazarei of the Institute for International Economics, a think tank based in Washington. As long as Kiev cannot collect taxes, “It is absolutely crucial that the […]
Between pandemic and war, central banks seek their compass
Continue accommodative monetary policies or turn off the tap at the risk of slowing growth? After two years of uncertainty due to the pandemic, central banks continue to navigate without a compass in the face of the war in Ukraine and inflation. “Until recently, central banks could not get involved in a post-COVID world at […]
Biden’s dangerous oil diplomacy
How far can you go to contain rising gasoline prices? Joe Biden has engaged in dangerous oil diplomacy to make up for the loss of Russian crude, exposing himself to charges of turning to “dictators” and undermining his own “battle” for democracy. The high-level delegation that traveled to Caracas tried to go as unnoticed as […]
Thousands of Russians leave their country in fear and despair
Many of the thousands of Russians who leave their country through Finland to flee the sanctions do so with fear of possible reprisals if they express their opinion in public and the despair of not seeing a future in their own land. The Allegro, the high-speed train that connects Saint Petersburg with Helsinki twice a […]