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Your email address will not be published.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

German Howitzers arrive in Ukraine

Kyiv: On June 21, German self-propelled howitzers arrived in Ukraine in the…

Early elections not beneficial to democracy: Bilawal Bhutto Zardari

Foreign Minister and Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari said…

“China can not be a mediator in the war”: EU

China cannot be a mediator in the war in Ukraine but could…

Five killed, 14 wounded in Russian strikes: Ukraine

The number of people killed in a wave of Russian missile and…