SANAA, Yemen (AA) – Bread prices in Yemen have spiked up to 35 percent, according to the UK-based international humanitarian organization Oxfam on Thursday. The NGO said Yemen imports 42% of its grain from Ukraine, but the Russian war on the country has disrupted the supplies of grain and cooking oil to the war-torn Arab […]
LONDON (AA) – Britain on Thursday announced fresh sanctions targeting Russia’s 65 strategic industries, banks, and business elites. The sanctions target “those aiding Russia’s invasion of Ukraine including the Wagner Group, multiple defence companies and Russian Railways,” a government statement said. The UK has now “sanctioned over 1,00...
WASHINGTON (AA) – The US announced sanctions on more than 400 Russian elites, members of the Duma (lower house of parliament) and defense companies in coordination with the European Union and G7 countries due to Moscow’s war on Ukraine. So far, 600 Russian targets have been sanctioned by the US, according to a White House […...
ISTANBUL – Sanctions-hit Russia and Iran are focusing their efforts on bypassing SWIFT with an alternative interbank messaging system, an Iranian diplomat announced. “We are making efforts in this direction,” said Kazem Jalali, Iran’s ambassador to Russia, according to Russian news channel RT. Under Western sanctions ov...
La Goulette, Tunisia – AFP A cruise ship docked in a Tunisian port on Wednesday for the first time since 2019, carrying over 700 passengers and rare good news for tourism operators battered by the Covid pandemic. The Spirit of Discovery, run by UK operator Saga, landed at La Goulette port on the edge of […]
KHARTOUM, Sudan (AA) – Around half of Sudan’s population will face acute hunger this year amid an economic crisis and poor harvests, the UN Food and Agriculture Organization (FAO) and the World Food Program (WFP) warned on Wednesday. The two agencies blamed the country’s economic crisis, poor harvests and rising food prices for worsening the [...
BRUSSELS – Turkiye will benefit the most from the EU’s $1.01 billion fund for pre-accession countries in agricultural and rural development, the European Commission has announced. The commission adopted assistance programs to support candidate countries in the field of agriculture in the 2021-2027 period, the EU executive body said...
BERLIN (AA) – Germany has reiterated its opposition to energy sanctions on Russia, warning that it could have negative consequences for European economies. Speaking at a joint news conference with European Parliament President Roberta Metsola in Berlin, German Chancellor Olaf Scholz said European countries should carefully asses the sugg...
ANKARA (AA) – European Central Bank (ECB) President Christine Lagarde said Tuesday that cryptocurrencies are being used to evade sanctions on Russia. “Crypto assets are certainly being used to try and evade sanctions,” Lagarde said during a speech at the Bank for International Settlements (BIS) Summit. While the Russian ruble...
BRUSSELS (AA) – EU foreign ministers have reached an agreement to double the bloc’s military aid to Ukraine, reaching a total of €1 billion ($1.1 billion). “I am glad to announce that we have reached a political agreement for the additional €500 million on the European Peace Facility,” EU foreign policy chief Josep Borrell told […...
