Business

The ongoing conflict between Ukraine and Russia, responsible for a third of global wheat and barley exports, has sparked concerns about food availability. Farmers are cautiously considering planting strategies as wheat prices surge by 33%, potentially offsetting increased production costs and drought impacts.

UN Secretary-General Antonio Guterres cautions that countries rushing to replace Russian energy supplies might inadvertently accelerate climate change. He argues that an 'all-of-the-above' strategy to secure fossil fuel alternatives could undermine global efforts to limit dangerous global warming.

European Union leaders accuse Russian forces of committing war crimes in Ukraine, particularly in Mariupol, where civilian infrastructure has been systematically targeted. German Foreign Minister Annalena Baerbock and EU foreign policy chief Josep Borrell strongly condemned the attacks, though new sanctions remain uncertain.

The Securities and Exchange Commission has proposed mandatory climate risk reporting for public companies, including greenhouse gas emissions, transition plans, and financial impacts of severe weather events.

Ukrainian President Volodymyr Zelenskyy delivered an emotional speech to Israeli lawmakers, comparing Russia's invasion to Nazi actions and urging Israel to take a stronger stance by imposing sanctions and providing weapons to Ukraine.

British PM Boris Johnson argues that a Russian victory in Ukraine would embolden Putin and threaten global freedom, urging support for Ukrainian resistance against invasion at Conservative Party conference.

High energy costs are triggering widespread unrest in Europe, with Spain deploying over 23,000 police to manage truckers' strikes. Farmers in France and Greece are blocking highways, protesting rising fuel and fertilizer prices. Russia's invasion of Ukraine has exacerbated the energy crisis, driving record inflation and economic challenges across the continent.

High energy costs are triggering widespread unrest across Europe. Spain has deployed over 23,000 police officers to manage protests, while farmers in France and Greece disrupt traffic. Russia's war in Ukraine has exacerbated energy price inflation, making fuel and operations increasingly expensive for truckers and agricultural workers.

Britain's communications regulator Ofcom has revoked RT's broadcasting license after conducting 29 investigations into the network's coverage of the Ukraine invasion. The decision stems from concerns about RT's impartiality, previous violations, and its state funding from Russia, effectively barring the broadcaster from UK airwaves.

Britain's Ofcom revoked RT's broadcasting license after 29 investigations into its impartiality regarding the Ukraine conflict. The regulator cited concerns about RT's state funding, previous violations, and Russia's invasion of Ukraine as reasons for determining the network unfit to broadcast in the UK.