London: On April 5, President Vladimir Putin stressed that Russia must keep a close eye on its food exports to hostile countries because the West’s embargoes had initiated a global food crisis and spiraling energy prices. “They will inevitably exacerbate food shortages in the poorest regions of the world, spur new waves of migration, and in general drive food prices even higher,” Putin told a meeting on developing food production. The West’s sanctions over Putin’s invasion of Ukraine have sent Russia back towards its worst economic crisis since the 1991 fall of the Soviet Union.

Leave a Reply

Your email address will not be published.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

You May Also Like

EU’s Borrell condemns Israeli air strike on Jabalia in Gaza

Josep Borrell, High Representative of the EU for Foreign Affairs and Security…

PTI founder’s nomination papers from Lahore, Mianwali rejected

The Election Commission of Pakistan (ECP) on Saturday rejected nomination papers of…

Iran’s Raisi calls his visit to Moscow ‘turning point’

Tehran: On Wednesday, Iran’s President Ebrahim Raisi stated that his visit to…

Pakistan removed from EU’s High-Risk Third Countries list

The European Commission has removed Pakistan from the list of its “High-Risk…