)
The International Monetary Fund will be assisting with the package, German Finance Minister Christian Lindner, the host of the meeting, told reporters.
Opec and its allies, a group known as Opec+, has so far rebuffed Western calls for a faster increase in oil production to lower surging prices
The threat of terror from Afghanistan and Russian-Ukrainian conflict is driving new geo-political in Central Asia. Nothing exemplifies it more than the recent Iran-Tajikistan reproachment
Amid the growing tensions between Moscow and Kyiv, Dmytro Kuleba, Minister of Foreign Affairs of Ukraine, held a meeting with G7 Foreign Ministers to discuss new painful sanctions to stop Putin's war
Germany announced that the Group of Seven (G7) nations will discuss Russia's invasion of Ukraine at a summit in Brussels on March 24.
Amid the Russian invasion of Ukraine, the European Commission has announced another 205 million euros ($220 million) in aid for the war-ravaged country to abate the soaring humanitarian crisis
Russian President Vladimir Putin says foreign companies that have left Russia will regret their decision. In today's conditions, when someone jumped off somewhere, left, chose to stop some activity here, they will regret it, he declared at a meeting with young entrepreneurs in Moscow. They will regret it, not because we threaten anyone, Putin continued. They will regret it because Russia is a country with great potential, really. Putin also appeared to claim that the exodus of foreign firms from Russia was evidence of US domination over other Western states and economies. Many regret that they have to leave. This is all a manifestation of the internal state of these countries that cannot make sovereign decisions, he added. He then reiterated that Russia is a sovereign country that should be looking to the future.
An FAO index of food prices surged to a record earlier this year as Russia's invasion of Ukraine curtails shipments from one of the world's biggest suppliers of vegetable oils and grains
The agreement, said Jaishankar, has really opened up huge possibilities for Bangladesh and for India's northeastern states
The sanctioned officials included Putin's spokesman Dmitry Peskov, Prime Minister Mikhail Mishustin, veteran Foreign Minister Sergei Lavrov and Defence Minister Sergei Shoigu.
The Kyiv School of Economics estimated in late May that the physical infrastructure damage already exceeded $105 billion
From Russia-Ukraine war to a sudden spike in coronavirus cases in India, catch all the latest developments from across the globe here
Millions of people may starve if the Russian blockade of the Black Sea continues," he said
Ukrainian President Volodymyr Zelenskyy says Russia is unwilling to negotiate an end to the war because it still feels strong
Since Moscow launched its ongoing invasion of Kiev on February 24, the Ukrainian Air Force has carried out more than 1,100 strikes against Russian targets
UN Secretary-General Antonio Guterres has warned that the Ukraine conflict may trigger social and economic chaos around the world
Ukrainian and Russian forces battled fiercely for control of a key eastern city, while fears of a global food crisis escalated as millions of tons of grain pile up inside the besieged countr
Canadian Foreign Affairs Minister Melanie Joly has announced that Canada is imposing new sanctions on Russian oil, gas and chemical industries
Russia has concentrated its troops and firepower on the small eastern city in recent weeks to secure the surrounding province on behalf of separatist proxies
Says world economy to grow 3% this year, much less than the 4.5% expected earlier