The conflict in Ukraine and sanctions against Russia from Western countries are driving up global food prices, as Black Sea ports used to export grain remain blocked. The situation could lead to hunger and food rioting in poor countries, where food security depends on imports, the head of the World Trade Organization (WTO) Ngozi Okonjo-Iweala…
The Nicaraguan authorities are to cover 70% of the increase to keep high prices at bay The government of Nicaragua announced on Friday that it would not be hiking fuel prices, despite the surge on global markets amid the crisis in Ukraine.
Viktor Orban says his country’s on its own side, after Kiev urges Budapest to choose who it supports in the Ukrainian conflict “Hungary is on Hungary’s side,” its prime minister, Viktor Orban, said in a statement on Saturday, in response to Ukrainian President Volodymyr Zelensky’s calls for Budapest to quit sitting on the fence in…