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Your email address will not be published.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

Qatar PM says progress made in recent Gaza ceasefire talks

Qatar’s Prime Minister said on Sunday that there was some progress in…

US Defence Secretary arrives in Jordan

US Defence Secretary Lloyd Austin arrived in Jordan, kicking off a Middle…

Hamas delegation to visit Syria

Gaza: On Oct 18, it emerged that Hamas leaders would visit Syria…

‘Serious’ shift needed to end conflict: Shtayyeh

Palestinian Prime Minister Mohammad Shtayyeh said that a “serious paradigm shift” was…