It could take years for the UK to rebuild its weapons stockpile to the level before the Ukraine war, the head of the British armed forces has said. Britain, which has become one of Ukraine’s most important allies in the country’s resistance against the Russian invasion, was the first European country to send lethal aid…
Rebuilding UK Weapons Stockpile to Pre-Ukraine War Level Could Take Years: Military Chief
Immediate Strategic Consequences of the Russia-Ukraine War
Commentary Global food, fertilizer, and energy supply chain disruptions caused by the Russia-Ukraine conflict are now driving key geopolitical realignments. It is hardly surprising: food and energy shortages and inflation began to disrupt social stability in many countries within months of the start of the war. Fertilizer shortages—caused by taking dominant producer Russia out of…
US Economy to Slow Due to Sticky Inflation, Persistent Supply Woes: OECD
The Organization for Economic Cooperation and Development (OECD) has cut its growth forecast for the U.S. economy, blaming high inflation that could take longer to dissipate as supply disruptions persist in part due to the Ukraine war and China’s COVID-19 lockdowns. U.S. gross domestic product (GDP) is expected to weaken to 2.46 percent in 2022,…
Moscow Shrugs Off EU Oil Ban: ‘Russia Will Find Other Importers’
May 31, 2022
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Business & EconomycommoditieseconomyEuropeInternationalInvestmentMarketsoil banRussiaRussia-Ukraine WarUkraine warWorld
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Moscow struck a defiant tone in reaction to the European Union’s new partial ban on Russian oil imports, with a senior Kremlin official saying his country would simply pivot to other importers. E.U. leaders agreed at a May 30 summit in Brussels to embargo the majority of Russian oil imports into the bloc by the…
US Has ‘Credible’ Information Russia Executed Ukrainians Trying to Surrender in Donetsk
April 28, 2022
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Beth Van SchaackDonetskEuropeInternationalRussiaRussia-Ukraine WarU.N. Security CouncilUkraineUkraine warUnited NationsUSUS NewsWorld
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The United States has “credible information” that Russian forces executed Ukrainians who were trying to surrender near Donetsk, a U.S. official said Wednesday. “We now have credible information that a Russian military unit operating in the vicinity of Donetsk executed Ukrainians who were attempting to surrender, rather than take them into custody,” Ambassador-at-Large for Global…
Moldova Explosions Raise Fears Separatist Region Could be Drawn into Ukraine War
April 28, 2022
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EuropeMoldovaPutinRussiaRussia-Ukraine WarTransdniestriaUkraineUkraine invasionUkraine warVolodymyr ZelenskyyWorld
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Attacks in Moldova’s breakaway region of Transnistria have raised concerns that Russia will drag the area into the Ukraine war. The area borders western Ukraine and is controlled by pro-Russian separatists. Russia has permanently stationed some 1,500 troops in the unrecognized sliver of land since the collapse of the Soviet Union. Transnistria’s Interior Ministry said…
Germany’s Inflation Hits 41-year High as Energy Prices Surge Nearly 40 Percent
April 12, 2022
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Business & Economyeconomic policieseconomyenergyEuropeinflationInternationalInvestmentMarketsRussia-Ukraine WarUkraine warUSWorld
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Germany’s annual pace of inflation surged to its highest pace since 1981, largely on the back of a nearly 40-percent surge in energy prices. Data released by German statistics office Destatis on April 12 shows that, in March, consumer prices rose 7.3 percent year-over-year and 2.5 percent month-over-month. Noting a range of “current crises,” including…
Food Prices Rise at Fastest Pace on Record Amid War-Related Disruptions
April 8, 2022
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Business & EconomyeconomyEuropefood pricesinflationInternationalMarketsRussia-Ukraine WarUkraine warUncategorizedUSUS NewsWorld
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Food prices across the world rose at their fastest pace on record in March, according to a UN agency that pointed to conflict-related export disruptions from Ukraine as a key factor behind the inflationary pain. The Food and Agriculture Organization of the United Nations (FAO) said that its food price index made a “giant leap”…
Food Prices Rise at Fastest Pace on Record
April 8, 2022
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Business & EconomyeconomyEuropefood pricesinflationInternationalMarketsRussia-Ukraine WarUkraine warUncategorizedUSUS NewsWorld
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Food prices across the world rose at their fastest pace on record in March, according to a UN agency. The Food and Agriculture Organization of the United Nations (FAO) said that its food price index made a “giant leap” in March, rising 13 percent over the month to 159.3 points, an all-time high. Record surges…
Ukraine’s Orphans in Adoption Limbo: Founder of Legacy Refuge
Justin Hayslett, founder & managing director of Legacy Refuge, an organization that helps get orphans from Ukraine adopted in the United States, said his non-profit is meeting challenges from both the U.S. and Ukrainian governments. His orphan-care ministry has been working with orphans in Ukraine for the last 5 years, but since the start of…
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