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UK inflation hits fresh 40-year high with worse still to come
June 23, 2022
Soaring food prices pushed British consumer price inflation to a new 40-year high of 9.1% in May, the highest rate…
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1974
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Ukraine-Russia war’s impact on African economy and the food crisis
June 23, 2022
BY HURIYE YILDIRIM ÇINAR The Ukraine-Russia war has had shocking effects across the African continent and all over the world.…
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Free trade of Ukrainian grain 'very important' for Africa, says African Union head
June 22, 2022
It is critical for Africa that grains stranded in Ukraine can be exported out of the country, the African Union's…
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Central banks launch fastest rate hike cycle in 30 years against inflation
June 21, 2022
Central banks of major economies around the world are undertaking the fastest rate hiking cycle seen since the early 1990s…
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Turkey’s installed solar power capacity to exceed 30 GW by 2030
June 21, 2022
The installed solar energy capacity of 8.3 gigawatts (GW) in Turkey is calculated to exceed 30 gigawatts by 2030 with…
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Foreign arrivals in Turkey jump 308.48% in May
June 21, 2022
The number of foreigners visiting Turkey increased by 308.48% in May compared to the same month of the previous year,…
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China May oil imports from Russia soar to record
June 21, 2022
China's crude oil imports from Russia soared 55% from a year earlier to a record level in May, displacing Saudi…
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Natural gas prices rise in Europe as Russia lowers supply
June 21, 2022
The price of natural gas per megawatt-hour in Europe increased 5.87% on Monday, with Europe seeking alternative sources to balance…
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Germany turns to coal as Russia curtails natural gas shipments
June 21, 2022
Germany will prioritize coal power plants and increase natural gas in storage to reduce natural gas consumption as part of…
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2039
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Explainer: How Did Russia-Ukraine War Trigger A Food Crisis?
June 20, 2022
World food prices were already climbing, and the war made things worse, preventing some 20 million tons of Ukrainian grain…
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2073
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US recession not 'inevitable,' Treasury secretary says
June 20, 2022
Amid record-high inflation and the war in Ukraine continues raging on, the United States is facing one of the most…
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1990
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Gas flow via Turkstream to be halted due to maintenance work
June 20, 2022
Russian gas giant Gazprom on Saturday announced gas shipments through the Turkstream natural gas pipeline would be halted due to…
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1986
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