When the Russian missile cruiser Moskva sank on Thursday, allegedly hit by two anti/ship missiles (Ukrainian version), it was the largest warship lost at sea since World War II, and the first major surface combatant ship sunk since the Falklands War in 1982. Moskva was the flagship of the Russian navy in the Black Sea and was involved in the attack and capture of Ukrainian ports.
Sea mines and stranded crews in Black Sea ports is another consequence of the ongoing war between Russia and Ukraine. Both Turkey and Romania navies have reported neutralizing sea mines, or rather anchor mines, since they do not float on the surface but rather just beneath it with an anchor supporting the floating device.
The war against Ukraine and sanctions on Russia are hitting economies around the globe, with emerging market and developing countries in the Europe and Central Asia region expected to bear the brunt, says the World Bank’s latest Economic Update for the region.
British Prime Minister Boris Johnson has voiced his stance regarding several issues linked to sports. He demanded harsher sanctions against Russian athletes after their country invaded Ukraine and also stressed that biological males should not take part in women’s competitions.
The International Monetary Fund (IMF) has issued a recommendation to the Government of Paraguay IMF to keep an eye on inflation and move forward with structural reforms in addition to improving State spending.
Belarus announced that it is authorizing licenses for the export of potash beginning this month, according to the official news agency RIA. Russia's close ally is the world’s third-largest producer of potash, widely used in soy production. Belaruskali, a local state-owned company, is among the world’s leading companies in the field.
Clear signs of support for Russian President Vladimir Putin are on display in the Venezuelan capital. A mural of him alongside the late Hugo Chávez Frías has been unveiled Monday in appreciation. Another mural of Argentine football legend Diego Armando Maradona is to be seen in Caracas not far off, it was reported.
Hugo Alconada Mon is a prestigious Argentine journalist, and lawyer, who has written several books, besides belonging to the international consortium of investigative journalists which among other things was involved in exposing the Panama Papers.
IMF chief Kristalina Georgieva fears that the current situation with the Russia/Ukraine conflict could lead to an explosive situation in many of the poor countries with inflated prices, less jobs and overwhelming debts and called for greater global cooperation.
Uruguay's President Luis Lacalle Pou Thursday said that Russian leader Vladimir Putin was nostalgic about the USSR and stressed that neither Cuba nor Venezuela was key players in the ongoing armed conflict. Lacalle was also critical of the role the United States was playing, which was not that of a “counterweight”.