Estonia has suggested that the money Europe is set to pay Russia for its energy supplies should be used to rebuild Ukraine, the Interfax news agency reported on Wednesday. “In order to make an immediate impact and make Russia pay for what has been done in Ukraine”, the payments for Moscow’s oil and gas should…

Kremlin spokesman Dmitry Peskov said the process of switching to ruble payments for Russian gas export deliveries will take time and won’t begin immediately this week, despite the March 31 deadline set by presidential order.

Supply disruptions from Russia and Ukraine, which account for 30% of the world’s wheat exports and 20% of corn exports, have been driving up global food prices. In Poland, bread costs may quadruple by the end of this year, according to the head of the opposition Civic Platform party, former Prime Minister Donald Tusk.