Ukraine

World Economic Outlook April 2022- War sets back the global recovery

The war in Ukraine has triggered a costly humanitarian crisis that demands a peaceful resolution. At the same time, economic damage from the conflict will contribute to a significant slowdown in global growth in 2022 and add to inflation. Fuel and food prices have increased rapidly, hitting vulnerable populations in …

Tobacco use entrenched in developing countries: study

Tobacco use is massively entrenched in developing countries, where one of the biggest worries is the rise of smoking among women, according to a study published on Friday in The Lancet. A survey of 16 countries that are home to three billion people found that 48.6 percent of all men …

Wheat Fields Parched by Drought From US to Russia

US may reduce its global crop estimate by 1.2% next month Droughts withering wheat crops from the US to Russia to Australia will probably spur the biggest reduction in global supply estimates since 2003 and drive prices to the highest in almost a year. Kansas, the top US grower of …

EBRD investing too much in polluting fuels-study

The European Bank for Reconstruction and Development is lending excessively to polluting fossil fuel projects, especially coal, undermining its own sustainable energy strategy, NGO Bankwatch said in a report released on Thursday. Lending to fossil fuel projects, coal, oil and gas, accounted for 48 percent of the bank's energy-related investments …

After Mexico, India second largest source of migrants: report

India is the second largest source of global migrants after Mexico and is the ninth top destination for all migrants, a new report said today. According to a study released by the Pew Research Center, over 77 million migrants, or about 36 per cent of the worldwide total, have come …

EU Farmers Lose Out As Consumers Oppose GMOs

European farmers are likely to fall behind in the competitive world grain market as EU consumer hostility to genetically modified organisms (GMOs) drives away research and prevents cultivation of high-yield and pest-resistant crops. The European Union has approved only one GMO grain for cultivation - Monsanto's insect-resistant MON810 maize (corn). …

EU farmers lose out as consumers oppose GMOs

European farmers are likely to fall behind in the competitive world grain market as EU consumer hostility to genetically modified organisms (GMOs) drives away research and prevents cultivation of high-yield and pest-resistant crops. The European Union has approved only one GMO grain for cultivation - Monsanto's insect-resistant MON810 maize (corn). …

Ukraine cold spell death toll rises to 101

Thirty-eight more deaths from a cold snap have been registered in Ukraine in the past 24 hours, bringing to 101 the toll from freezing temperatures across the former Soviet republic, the Emergencies Ministry said on Friday. Ukraine is experiencing the coldest winter in six years, with overnight temperatures sinking as …

India world's fourth largest steel maker in 2011

New Delhi India maintained its position as the fourth largest steel producer in 2011, despite 5.7 per cent output growth as against the world average of 6.8 per cent, the World Steel Association (WSA) said. Recording an increase of 6.8 per cent in 2011 over 2010, global steel production hit …

Mining curbs force iron ore imports

Steel industry worried, points to implications on downstream investment plans, taxation. With no sign of abatement in the ongoing mining crisis that has snapped iron ore supply to key infrastructure sectors, companies have started imports. Iron ore imports are happening from South Africa at $130 a tonne (cost & freight). …

Radiation detected in Europe may be coming from Hungry not Pakistan: IAEA receives information from HAEA

The nuclear radiation detected in some parts of Europe that were earlier supposed to be coming from Karachi Nuclear Power Plant (Kanupp), might have emitted from Hungry, according to the information received by International Atomic Energy Agency (IAEA) from the Hungarian Atomic Energy Authority (HAEA). Well-placed sources told Business Recorder …

Miners market shrinking as China begins looking elsewhere for iron ore.

PANJIM: In a development that could send shivers down the spine of Goan iron ore exporters, China on Saturday said that they have already started looking out for alternate markets considering the unstable situation of ore supply from India, especially Goa. Chinese delegates, who were in Goa to participate and …

USDA raises global grain output forecast

Grain output is growing as farmers chase high prices, according to US government figures, suggesting food inflation pressures may abate in the months to come. Farmers would harvest 681.2m tonnes of wheat and record crops of 860.1m tonnes of corn and 461.4m tonnes of rice in the current year, the …

France calls rapid force to handle nuclear crises

France on Thursday called for an international rapid reaction force to handle nuclear crises and for mandatory international inspections of civilian nuclear programs. French President Nicolas Sarkozy told a UN nuclear safety summit that "nuclear energy must go hand in hand with the highest level of safety and security." UN …

European Union Seeks Power to Block Bilateral Energy Deals

The European Union’s executive arm announced plans on Wednesday aimed at stopping its countries from striking bilateral deals that cede too much power to oil and gas exporters like Russia. Günther Oettinger, the European energy commissioner, says Europe needs to speak “with one voice” in energy matters. Europe needs to …

Russia opens $10bn Nord Stream tap

Russia has pumped the first gas into a new pipeline running under the Baltic Sea to Germany, which will tighten Moscow’s grip on the continent’s lucrative gas markets. The opening of the $10bn Nord Stream pipeline gives Russia its first direct export link to western markets, bypassing Ukraine and other …

Mine Explosion in Ukraine Kills 17

An early-morning explosion deep in a coal mine in Ukraine on Friday killed 17 miners and left 9 others missing in a nation where poor maintenance and lax safety regulation make mining a perilous profession. Officials said 11 people were injured. It was the deadliest mine disaster in Ukraine since …

Badal for separate package for states agri industries

Chandigarh Punjab chief minister Parkash Singh Badal strongly urged members of the Parliamentary Standing Committee on commerce to take up various pending issues of the state, including industrial package on the lines of hill states, setting up of steel silos, package for agro industries development, relaxation of the norms to …

Canada, Others Block Asbestos From U.N. Hazardous List

Chrysotile asbestos will not be listed as a hazardous industrial chemical that can be banned from import after countries including Canada and Ukraine blocked consensus, a United Nations spokesman said Friday. The decision was taken at a meeting of states that have ratified the Rotterdam Convention despite the treaty's scientific …

India silent on endosulfan at Rotterdam Convention

Agreement may be worked out before closure of conference India maintained silence on listing of endosufan under the Rotterdam Convention at the fifth meeting of the Conference of the Parties to the Convention, which opened in Geneva on Monday. The Convention on the Prior Informed Consent Procedure for Certain Hazardous …

World food prices to remain high

FAO forecast of generally tight situation for most crops and commodities over next 18 months. Consumers are unlikely to get relief from high food prices till December 2012, despite a modest increase in global foodgrain production. High and volatile agricultural commodity prices are likely to prevail for the rest of …

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