Argentina's inflation for the month of February of 2022 has reached 4.7% on average, the National Institute of Statistics and Census (Indec) announced Tuesday. It was the highest percentage since March of last year and was driven chiefly by increases in the price of food due to droughts, heatwaves, and fires.
Weeks into a military conflict with the Russian Federation, the Parliament of Ukraine has announced it would up its defense spending following a £ 1.7 billion loan from the United Kingdom, it was reported.
The International Committee of the Red Cross (ICRC)'s Director of Law and Policy, Helen Durham, Monday issued a statement saying the body was 'alarmed' by the threats the world is facing amid escalating violence in Ukraine involving the Russian Federation's military forces, which could lead to a nuclear confrontation with western powers.
Mercosur country members plus associate Chile and Bolivia (in the process of joining the block) want fertilizers excluded from the list of sanctions on Russia, according to Brazilian Agriculture minister Tereza Cristina da Costa Dias.
Ecuadorian banana producers in the coastal provinces of Guayas, Los Rios, and El Oro, have staged road blockades demanding the government to step in and purchase the surplus resulting from Russia's military operation in Ukraine.
Prime Minister Boris Johnson hosted on Monday a roundtable of leaders in the UK’s offshore oil and gas industry today to discuss domestic energy security. This is part of a series of engagements by the Government across the UK’s energy sectors, including with renewable and nuclear companies in the coming days and weeks.
Sanctions on Russia for the invasion of Ukraine are intensifying and biting, with consequences for the Argentine fishing industry, mainly because Russian importers are rejecting shipments as the Rubble, last week, had devalued almost 75%.
The European Parliament voted last week an end to the so called “golden passports”, extended by some members of the EU to rich individuals, in this case mainly Russian oligarchs.
US film reporter Brent Renaud was killed Sunday in Ukraine when his vehicle was hit at a checkpoint just outside Kyiv, specifically in Irpin.
By Peter Bloom, Professor of Management, University of Essex – The Russian invasion of Ukraine has been widely condemned for its unjustified aggression. There are legitimate fears of a revived Russian empire and even a new world war. Less discussed is the almost half-trillion dollars (£381 billion) defense industry supplying the weapons to both sides, and the substantial profits it will make as a result.