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Global food prices in 2022 hit record high amid drought, war

Global food prices in 2022 hit record high amid drought, war

ROME: According to the U.N. Food and Agriculture Organization, global prices for food commodities such as grains and vegetable oils reached their highest levels...
US to send $3.75B in military aid to Ukraine, its neighbors

US to send $3.75B in military aid to Ukraine, its neighbors

WASHINGTON: As Russia’s invasion of Ukraine continues, the United States will provide $3.75 billion in military supplies and other aid. To Ukraine and its...
EU approves new sanctions against Russia over Ukraine war

EU approves new sanctions against Russia over Ukraine war

BRUSSELS: The European Union announced on Thursday that it had agreed on a fresh round of sanctions meant to increase the pressure on Russia...
EU eyes Russian officials, banks, industry for sanctions

EU eyes Russian officials, banks, industry for sanctions.

BRUSSELS: As part of a fresh wave of sanctions meant to increase pressure on Moscow over its involvement in the crisis in Ukraine. The...
Oil prices climb after Opec+ keeps output cut targets, China eases Covid curbs

Oil prices climb after Opec+ keeps output cut targets, China eases Covid curbs

As a result of OPEC+ countries maintaining their output objectives in advance of a European Union ban. The start of a price restriction on...
Boustead Plantations expects continued volatility in palm oil prices

Boustead Plantations expects continued volatility in palm oil prices

KUALA LUMPUR: Boustead Plantations Bhd stated that due to high stock levels in Malaysia and Indonesia, palm oil prices are projected to be highly...
Asia-Pacific leaders condemn war, renew calls for open trade

Asia-Pacific leaders condemn war, renew calls for open trade

Bangkok, Thailand, Saturday, Nov. 19, 2022: Leaders from the Asia-Pacific region demanded an end to Russia's conflict with Ukraine and committed to guiding the...
WTO warns of 'real' recession risk in some major economies

WTO warns of ‘real’ recession risk in some major economies

Indonesia's NUSA DUA: The crisis in Ukraine, rising food and gasoline prices, and surging inflation have all contributed to a cloudy view of the...
Biden approves $800M in new military assistance for Ukraine

Biden approves $800M in new military assistance for Ukraine

WASHINGTON USA: In anticipation of a new Russian offensive in eastern Ukraine, President Joe Biden approved an $800 million package of military assistance. Including...
Finland, Sweden move ahead toward possible NATO membership

Finland, Sweden move ahead toward possible NATO membership

HELSINKI Finland: European Union nations Finland and Sweden reached important stages. On their way to possible NATO membership. As the Finnish government issued a...
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