Russia

World Economy To Take A Hit From Ukraine War: EBRD

The Ukraine war has major economic consequences for energy, food, inflation and poverty, according to the European Bank for Reconstruction and Development (EBRD). The EBRD's chief economist, Beata Javorcik, spoke to AFP about the fallout from Russia's invasion of Ukraine, from where more than three million refugees have fled so far.Global lenders are giving billions for Ukraine, including a two-billion-euro (US$2.2 billion) "resilience package" from the London-bas

20 March 2022
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China's Time For Global Leadership

The war in Ukraine is pushing the world ever closer to an existential crisis. The lessons of the 20th century and its ghastly world wars have been lost on today’s leaders. The peace dividend of the Cold War has been squandered. Two superpowers – the United States (US) and the Russian Federation – are on the brink of an unimaginable military confrontation.

20 March 2022
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War in Ukraine: Latest Developments

Here are the latest developments in the war in Ukraine:Ukraine Calls On China To Condemn 'Russian Barbarism'Ukraine calls on China to join the West in condemning "Russian barbarism", after the United States (US) warned Beijing of consequences if it backed Moscow's attack on the country."China can be the global security system's important element if it makes a right decision to support the civilised countries' coalition and condemn Russian barbarism,&quo

20 March 2022
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US, China Discuss Russia As Biden And Xi Hold Call

United States (US) President Joe Biden and his Chinese counterpart, Xi Jinping, have begun their first direct talks since November, amid growing US concern over Beijing’s relationship with Russia and its stance on the increasingly brutal war in Ukraine.Biden and Xi began speaking at 13:00 GMT on Friday, the White House said, amid warnings from Washington that China may be considering providing military support to Russia.

19 March 2022
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Xi Jinping's Choice

For Chinese President Xi Jinping, the initial response to Russian President Vladimir Putin’s brutal war on Ukraine must have seemed a no-brainer.

18 March 2022
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Blacklist Putin's Terrorist State

A humanitarian catastrophe is unfolding in Ukraine, and the rest of the world is an eyewitness. Vladimir Putin is waging an indiscriminate war on Ukraine’s civilian population. Russian forces’ devastating siege of Mariupol, including the deliberate bombing of a children’s and maternity hospital, is part of a pattern. As Ukrainian President Volodymyr Zelensky says, it is further evidence that genocide is taking place in our country.

17 March 2022
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War In Ukraine: Latest Developments

Here are the latest developments in Russia's war in Ukraine:'Dangerous Moment' For Kyiv As Russian forces step up strikes on residential buildings, Kyiv mayor Vitali Klitschko warns of a "difficult and dangerous moment" and announces a 35-hour curfew from Tuesday night.At least two people die in strikes on a 16-storey building in Kyiv's Sviatoshynsky district.

16 March 2022
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Ukraine: How China Is Censoring Online Discussion

China has sought to keep a diplomatic distance from the war in Ukraine, choosing to abstain in a United Nations (UN) vote condemning Russia's invasion.It is also making concerted efforts to stifle strong views about the conflict on Chinese social-media platforms.It's a fine line to tread.

14 March 2022
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Philippines’ Neutrality In Ukraine Crisis

Just this Thursday (10 March, 2022), the Philippine Ambassador to the United States (US), Ambassador Jose Manuel Romualdez, in an online forum, told journalists that Philippine President Duterte is willing to open facilities to the US if the Ukraine-Russia crisis spills over to Asia.Romualdez further said that the Philippines has a Mutual Defense Treaty (MDT) with the US, which binds the two allies to come to each other’s aid from aggression and help defend the other party.“And our choice is

13 March 2022
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War, Inflation Threaten World Economy

The world economy's fragile recovery from the COVID-induced crisis is now threatened by Russia's war in Ukraine and soaring commodity prices.Here are four questions regarding the risks to global gross domestic product (GDP):Will Growth Stall? "The war happened right at a time when Europe and the United States (US) had a recovery that was going really well. Projections in Europe were among the highest ...

13 March 2022
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