Tag: War

European Union and G7 nations impose sanctions on Russian diesel and refined oil products, aiming to limit Russia's military funding while maintaining global energy supply and protecting consumers from price volatility.

British inflation surged to 6.2% in February, the highest since 1992, driven by soaring energy bills and petrol prices. The Office for National Statistics reports widespread food price increases, intensifying financial pressure on households and creating challenges for the government's economic strategy.

Survivors of Mariupol's devastating siege recount their traumatic escape, leaving behind a city reduced to ruins. With only what they could carry, these refugees describe a journey from relentless bombardment to temporary safety, carrying memories of survival against overwhelming odds.

Asian stocks declined on Tuesday, with MSCI's Asia-Pacific index falling 1.97%, driven by concerns over the Ukraine war, potential U.S. interest rate hikes, and China's rising COVID-19 cases. Chinese stocks showed pronounced weakness, reflecting broader market uncertainty and economic challenges.

Vladimir Putin's attempts to control Russia's internet are exposed by the Ukraine war, with tech company exits threatening to isolate Russians from global information while potentially strengthening state propaganda narratives.

As Russian strikes target western Ukraine, over 2.8 million refugees have crossed into eastern European countries like Poland and Romania. The humanitarian crisis continues to escalate, with thousands fleeing violence and seeking safety in neighboring nations.

Approximately 30,000 people gathered near Brandenburg Gate in Berlin, waving Ukrainian flags and holding signs demanding an end to the war. Protesters of all ages, from children to elderly, united to show support for Ukraine and condemn Russia's military actions.

The UN Food and Agriculture Organization reports that the war in Ukraine could severely impact food security in Africa, Asia, and the Middle East. Ukraine and Russia, responsible for one-third of global grain exports, face agricultural disruptions that may escalate worldwide food insecurity and drive up already high international food prices.

Russian strikes hit strategic locations in Ukraine, widening the offensive with attacks on western airfields and eastern industrial areas. The invasion continues into its 16th day, with intense bombardment of cities like Mariupol, where thousands struggle under siege conditions. US and allies prepare to increase economic pressure on Russia.

Russian invasion of Ukraine has paralyzed agricultural production in the Black Sea region, known as the world's "breadbasket". With ports closed and farmers displaced, wheat exports are severely impacted, potentially causing global food shortages and price increases starting July.