Washington: U.S. Treasury Secretary Janet Yellen said that Russia’s war in Ukraine is to blame for exacerbating “already dire” world food insecurity, with price and supply shocks adding to global inflationary pressures. Yellen told that high-level panel countries should avoid export bans that could further increase prices while stepping up assistance for vulnerable populations and smallholder farmers. “I want to be clear: Russia’s actions are responsible for this,” Yellen said, adding that the United States was working urgently with partners and allies to “help mitigate the effects of Russia’s reckless war on the world’s most vulnerable.”

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Beijing wants more openness and less China-bashing from Europe: Envoy

China’s ambassador to Germany called for Europe to be more open to…

Ukraine’s Nova Kakhovka dam ‘blown up’

Ukraine and Russia accuse each other of destroying the Nova Kakhovka dam…

20 injured in Indian Riots

It emerged on Tuesday that India rushed hundreds of security personnel to…

Türkiye, Azerbaijan lambast Armenia over ‘shameful’ Nemesis Monument

Türkiye has criticised the inauguration of the “shameful” Nemesis Monument in the…