IMF: Ukraine War Undermines Global Economy
The International Monetary Fund (IMF) has warned that the war in Ukraine will undermine the global economy as it leads to record prices of food and energy and surging inflation.
The International Monetary Fund (IMF) has warned that the war in Ukraine will undermine the global economy as it leads to record prices of food and energy and surging inflation.
Russia’s top state-controlled energy company is set to cash in on a $10 billion contract to build out one of Iran’s most contested nuclear sites as part of concessions granted in the soon-to-be-announced nuclear agreement that will guarantee sanctions on both countries are lifted.
As Russian troops advance towards Ukraine’s capital, the prime ministers of Poland, the Czech Republic, and Slovenia visited Kyiv to express their support for the war-torn nation.
Russia is spiraling closer to a historic debt default that could ripple throughout the global economy after the U.S. and its European allies hit the Kremlin with a slew of crippling financial sanctions.
With much of his nation facing an expanding Russian invasion, war-time Ukrainian President Volodymyr Zelensky appealed to the U.S. Congress for help in a history-making speech.
U.S. President Joe Biden will travel to Europe next week for face-to-face talks with European leaders about the Russian invasion of Ukraine, White House press secretary Jen Psaki said Tuesday.
Hundreds of thousands of Hungarians gathered for rival rallies in Budapest, overshadowed by concerns over who should lead the nation after the April 3 elections with a raging war in neighboring Ukraine.
Harvey Thomas, who organized the evangelism rallies for the late evangelist Billy Graham in the turbulent 1960s and 1970s, has died. He was 82, his family said in published remarks Tuesday.
NATO says hundreds of thousands of troops in Europe are on “heightened alert” after Russia brought the war in Ukraine to the doorsteps of the military alliance.
Saudi Arabia is in active talks with Beijing to price some of its oil sales to China in yuan, people familiar with the matter said, a move that would dent the U.S. dollar’s dominance of the global petroleum market and mark another shift by the world’s top crude exporter toward Asia.
Ukrainian President Volodymyr Zelensky says he is no longer pressing for Ukraine’s membership in the NATO military alliance as part of a compromise to end the Russian invasion.
The International Monetary Fund (IMF) said on Monday that Russia’s invasion of Ukraine could plunge the world’s food supply into chaos, with rising prices and the inability of Ukrainian farmers to plant crops, including wheat.
Israeli officials say Turkey has agreed to return to Israel the Siloam Inscription, a 2,700-year-old Hebrew text which concretely supports the Biblical account of a tunnel constructed to carry water from the Pool of Siloam to the City of David during the reign of King Hezekiah, the Times of Israel (TOI) reports.
As the Russian invasion of Ukraine continues, witnesses say intense fighting is raging on the outskirts of Kyiv. Russian forces attempt to seize the Ukrainian capital as part of a broader military campaign across the wartorn nation.
Iran has suspended talks with regional rival Saudi Arabia, a website affiliated to Iran’s top security body reported on Sunday, without giving a reason for the decision that comes as a fifth round of negotiations was due to start this week.
Ukraine’s government says it has raised some $106 million in global donations in cryptocurrency for its army. At the same time, nations rush to launch their digital currencies as an alternative to the U.S. dollar.
Fearing a world war, U.S. President Joe Biden said Friday his country would not intervene militarily against Russia in Ukraine, as Russian forces stepped up their bombardment across Ukraine.
Hungarian legislators elected Katalin Novák as the first female president of Hungary on Thursday at a time when the nation faces a massive influx of refugees fleeing the war in neighboring Ukraine.
The Christian parents of a second-grade girl in Des Moines, Washington have threatened legal action against North Hill Elementary School after being told their daughter may not share her faith with classmates, and after staff members searched her backpack to make sure she was not carrying religious pamphlets into the school, CBN News reports.
Ukrainian President Volodymyr Zelensky accused Russia of genocide after a Russian airstrike hit a children’s hospital in Ukraine’s besieged southern city of Mariupol.