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Tag Archives: Ukraine crisis

Ukraine crisis affects E. Africa’s food security: WFP

Overlapping food crisis risks in the region come at a time when most countries are facing increased fiscal imbalances and rising public debt pressure Addis Ababa, Ethiopia | Xinhua | The ongoing Ukraine crisis is negatively affecting East Africa’s food security through reduced food supplies, accessibility and high prices of food, …

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Euro nearing five-year low stoking recession fears

The euro is within reach of five-year lows and seems increasingly will approach dollar-euro parity Rome, Italy | Xinhua | The euro has continued to weaken against the U.S. dollar, approaching its lowest level in five years, due mainly to the crisis in Ukraine and the sluggish economic growth in Europe. …

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What has Europe lost from the Ukraine crisis?

Beijing, China | Xinhua | The Ukraine crisis has entered its second month. In terms of security, economy, refugees, etc., Europe will pay a heavy price in the crisis. Since the end of the Cold War, the North Atlantic Treaty Organization (NATO) has pushed for five rounds of eastward expansion up …

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Britain’s economic confidence falters due to Ukraine crisis

London, UK | Xinhua | While prices in Britain already rose at a pace never seen for decades this winter, a flare-up of the Russia-Ukraine conflict is expected to push the inflation even higher, with millions of households feeling the pinch. Many have slashed the forecasts for the country’s economic growth …

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Oil prices fall amid Iran talks, Ukraine crisis

New York, U.S. | Xinhua | Oil prices dropped on Thursday as investors assessed geopolitical risks. The West Texas Intermediate for March delivery lost 1.9 U.S. dollars, or 2 percent, to settle at 91.76 dollars a barrel on the New York Mercantile Exchange. Brent crude for April delivery decreased 1.84 dollars, …

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