Undersecretary-General Martin Griffiths said an “extraordinary” 700,000 people are in need of drinking water and warned that the ravages of flooding in one of the world’s most important breadbaskets will almost inevitably lead to lower grain exports, higher food prices around the world, and less to eat for millions in need
Despite several rounds of peace talks between Ukraine and Russia in the early months of the conflict, which was initiated by Russian President Vladimir Putin in February 2022, neither side has shown willingness to return to the negotiating table.
The global spurt in energy prices post Russia’s invasion of Ukraine have led to rates of locally produced gas climbing to record levels – USD 8.57 per million British thermal unit for gas from legacy or old fields and USD 12.46 per mmBtu for gas from difficult fields. These rates are due to revision on April 1.
Japanese PM Fumio Kishida, in a rare and unannounced visit, lands in Kyiv after his India visit where he meets Ukrainian President Volodymyr Zelenskiy, underlining Tokyo’s support for the country in its fight against Russia. Kishida's trip draws special attention as it coincides with Chinese President Xi Jinping's state visit to Russia. The Japanese prime minister has also invited Zelenskiy to join the upcoming G7 summit. Watch!
Congress MP Shashi Tharoor lauded India's evolving stand on the Russia-Ukraine war. Speaking at The Raisina Dialogue on Saturday, Tharoor said that "PM Modi said directly in front of the world cameras that the era is not for war which is as clear a message..." Watch to know more!
The meeting of deputies of finance ministries and central banks on February 22 is focusing on finalising the official statement that will be approved by the ministers and governors later this week
Varma feels that the current stalemate in the war will be broken with Russia gaining the upper hand.
Beijing has built up a significant anti-US coalition with Moscow during this one-year-long conflict, but fears about the war escalating in Europe and impacting BRI, President Xi’s grand project, are genuine; Russia has used Chinese drones in the war, say former Indian ambassadors to China.
A major focus of discussion at the February 17-19 security conference will be the growing divide between “competing world orders” that the Ukraine war and the Sino-American rivalry seem to have brought to the fore.
The ministers will discuss allied efforts to boost supplies of ammunition to Ukrainian troops, both for artillery and tanks, as Russia continues to make grinding gains — particularly around the fiercely contested city of Bakhmut.
Though most western countries favour intensifying their support to Ukraine, they are hesitant to supply it with fighter jets. Such a move, they fear, could result in heavy losses as well as strong retaliation from Russia.
"We are moving closer to the European Union. Ukraine will be a member of the European Union," he said in an address to the European Parliament in Brussels, describing his country as "a Ukraine that is winning."
US President Joe Biden will deliver his State of the Union address to a joint session of the Congress on Tuesday, February 7.
Joseph McMonigle, Secretary General of International Energy Forum (IEF) said until there is investment in hydrocarbon production, high prices and volatility could become the new normal. He spoke to Moneycontrol’s Rachita Prasad about global supply and demand chain and how India could emerge as a leader in the energy tech space. Watch this interview to know more about the global challenges to energy security in 2023.
Reuters journalists heard a series of explosions in Kyiv before an air raid siren sounded in Kyiv. Officials told residents to take shelter.
S. Jaishankar highlights India’s behind-the-scenes role; tried to defuse the situation around the Zaporizhzhia nuclear power plant and helped facilitate exports of millions of tonnes of wheat and other grains from Ukraine
The Ukrainian capital and other cities came under fire from missiles and Iranian-made drones on Saturday, killing four people, and a new attack Sunday killed one in the southern region of Zaporizhzhia.
In a New Year's video message broadcast on Russian state TV, Putin said Russia was fighting in Ukraine to protect its "motherland" and to secure "true independence" for its people.
Prices of crude oil in 2022 swung from the 14-year high of $140 per barrel in March to around $80 per barrel in December.
Addressing Russia's security services, Putin told operatives they needed to significantly improve their work in a speech that was one of his clearest public admissions yet that the invasion he launched almost ten months ago is not going to plan.
After Ukrainian forces recaptured the southern city of Kherson nearly a month ago, the battle heated up around Bakhmut, demonstrating Putin’s desire for visible gains following weeks of clear setbacks in Ukraine.
Amid the Russia-Ukraine war, crude oil prices have reached pre-war levels. What to expect in the future? Watch this live chat with Karunya Rao and Manisha Gupta to find out.
Delivering the inaugural address at the annual research conference of the Department of Economic and Policy Research of RBI, Das said the COVID-19 pandemic crisis created an opportunity to explore and harness the power of big data and strengthen direct feedback mechanisms while working from home.
The G-20 comprises 19 major advanced and emerging economies and the European Union.
Recent comments from Kevin McCarthy, who is in line for speaker if Republicans win the House, exacerbated those fears.