Fuel Subsidy Puts Nigerian Economy At High Risk Says World Bank
The World Bank has disclosed that increasing fuel subsidy puts the Nigerian economy at a high risk as subsidy payments could significantly impact public finance and pose debt sustainability concerns. This was made known by the Washington-based lende...
Pope Cried Over Children Killed In Russian Invasion – Ukrainian Lawmaker
A member of Ukraine's parliament who met Pope Francis this weekend said the pontiff was overcome with emotion when told about the children who had died during Russia's invasion. Maria Mezentseva, who is in Rome as part of a Ukrainian delegation, said...
The World Should Be Prepared For Possibility Putin Could Use Nuclear Weapons – Zelensky
Zelensky said in an exclusive interview from the office of the president in Kyiv on Friday that Putin could turn to either nuclear or chemical weapons because he does not value the lives of the people...
Russia Will Redirect Energy Exports To Its South And East In The Near Future – President Putin
Russian President Vladimir Putin said Thursday that Russia is looking to focus its exports on "the fast-growing markets" to the country's south and east in the near future. He warned that “attempts ...
The War In Ukraine Could Be Devastating For Global Food Security
A visit to the Philips Atakele Bakery in Lagos, Nigeria where the intense work was, until recently, profitable and worthwhile. However, rising inflation in Nigeria and the war in Ukraine could signifi...
Netherlands Instructs Firms Not To Pay For Russian Gas In Rubles
The Dutch government has instructed energy companies in the Netherlands not to pay for Russian gas in rubles in accordance with European Union sanctions, spokesperson for the economics ministry Pieter...
UN Warns World Is On The Brink Of A “Perfect Storm” As Ukraine War Escalates Multiple Global Crises
The United Nations Secretary-General has warned that the world is on the brink of a "perfect storm" as the war in Ukraine exacerbates an already struggling global economy. In a press release Wednesday...
Discussions With Russia “Ongoing,” Ukraine Presidential Advisor Says, With Focus On Guarantors
Ukrainian presidential adviser Mykhailo Podolyak said in televised remarks that consultations were "ongoing" on a potential roadmap to peace, but added that a sticking point remains the number of cou...
Austria’s Nehammer says he visited Putin to look him in the eyes and confront him
Austria’s Chancellor Karl Nehammer said on Wednesday he decided to go to Moscow to confront Russian President Vladimir Putin with what he saw in Ukraine. “I made the decision to go to Moscow, to...
Switzerland Adopts Latest Round Of EU Sanctions Against Russia And Belarus
Switzerland has adopted the latest round of EU sanctions against Russia and Belarus, "in light of Russia’s continuing military aggression against Ukraine and reports of atrocities (committed by the ...
