Saturday, June 15, 2024

June 7, 2024 5:11 PM

World food prices rise for third straight month in May, UN says

The United Nations World Food Price Index rose for a third consecutive month in May, as higher cereals and dairy product prices outweighed drops in prices for sugar and vegetable oils. The U.N. Food and Agriculture Organization's price index, which ...

June 7, 2024 2:08 PM

Amid war, Putin looks east from Russia’s window to Europe

Cut off from the West, Russia is pitching its $2 trillion economy to giants like China and Saudi Arabia and longer-term prospects like Zimbabwe and Afghanistan at its premier investment forum in St Petersburg, which was founded by the tsars as a wind...

June 7, 2024 10:07 AM

Russia, China wrangle with US over UN resolution on Gaza ceasefire plan

Russia and China, which hold veto powers in the U.N. Security Council, raised concerns on Thursday with a U.S. draft resolution that would back a proposal - outlined by President Joe Biden - for a ceasefire between Israel and Palestinian militants ...

June 6, 2024 1:36 PM

Russian central bank urges global integration despite sanctions

Despite Western sanctions, Russia must be integrated in the global economy with countries that are prepared to work with it, central bank Governor Elvira Nabiullina said at Russia's flagship annual economic forum in St Petersburg on Thursday. The ev...

June 6, 2024 11:14 AM

Putin says Russia could deploy missiles in striking distance of the West

Russian President Vladimir Putin said on Wednesday he could deploy conventional missiles within striking distance of the United States and its European allies if they allowed Ukraine to strike deeper into Russia with long-range Western w...

June 3, 2024 4:30 PM

OPEC+ extends oil output cuts into 2025

OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest rates and rising rival U.S. production. Brent crude oil prices have been trading near ...

May 31, 2024 10:18 AM

Biden allows Ukraine limited use of U.S. arms to strike inside Russia

President Joe Biden quietly has authorized Kyiv to launch U.S.-supplied weapons at military targets inside Russia that are supporting an offensive against the northeastern Ukrainian city of Kharkiv, four U.S. officials said on Thursday. The decis...

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