Tag - Russian invasion

Russian invasion bolstered food insecurity: US Treasury Secretary

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."

Diplomatic steps ramp up to avert Russian invasion

On Tuesday, Diplomatic efforts to stave off a Russian invasion of Ukraine have started. The officials from several sides of the crisis involved have increased high-level talks. British Prime Minister Boris Johnson arrived in Kyiv for dialogues with Ukrainian leader Volodymyr Zelenskyy. Meanwhile, Russian President Vladimir Putin was hosting Hungarian Prime Minister Viktor Orban in Moscow.