South Africa’s president briefs Xi on African Russia-Ukraine peace plan
(Reuters) – South Africa’s President Cyril Ramaphosa has briefed Chinese leader Xi Jinping on the upcoming visit by African leaders to Russia and Ukraine in a bid to end hostilities, the South…
Climate change, Russia-Ukraine war hit global wine industry:OIV
By Diego Oré MEXICO CITY (Reuters) – Climate change and the Russia-Ukraine war are squeezing global sales and production in the $300 billion global wine industry, which is still recovering from the…
At Six Months, Russia-Ukraine War Reaches A Standoff
At Six Months, Russia-Ukraine War Reaches A Standoff Micaela Burrow on August 28, 2022 Russia invaded Ukraine six months ago Wednesday. Today, the war has reached stalemate as both sides are unable…
Moody’s sees ‘tough terrain’ ahead for emerging economies as Russia-Ukraine war extends
By Jorgelina do Rosario LONDON – Emerging economies will face a “tough terrain” for the next few quarters due to the Russia-Ukraine war, Atsi Sheth, global head of strategy and research for…
Fertilizer sector set for biggest profits in years on Russia-Ukraine conflict
By Ruhi Soni (Reuters) – Fertilizer makers are set to post their biggest quarterly profits in years, following a supply squeeze of essential crop nutrients due to the Ukraine crisis, according to…
S&P Global sees Russia-Ukraine insurance losses of $16-35 billion
LONDON – S&P Global sees losses in the speciality insurance market of $16-35 billion from the Russia-Ukraine conflict, the ratings agency said on Thursday. This includes possible aviation insurance losses totalling $6-15…
S&P Global says Russia-Ukraine insurance losses could reach $35 billion
LONDON – S&P Global sees losses in the speciality insurance market of $16-35 billion from the Russia-Ukraine conflict, the ratings agency said on Thursday. This includes possible aviation insurance losses totalling $6-15…
European shares join global rally as Russia-Ukraine peace talks hint at progress
By Susan Mathew and Anisha Sircar (Reuters) -European shares rallied on Tuesday, taking cues from strength in Asian markets and on Wall Street, as peace talks between Russia and Ukraine yielded the…
Russia-Ukraine conflict to have huge impact on global steel demand -Japan steel group
TOKYO -The conflict between Russia and Ukraine, which are exporters of steel products, will have a huge impact on global steel demand and trade if it lasts for a long time, the…
Kremlin says Russia-Ukraine talks could start in Turkey on Tuesday
(Reuters) -The Kremlin said that peace talks between Russia and Ukraine may get under way in Turkey on Tuesday and it was important that they would take place face-to-face, after what it…
JPMorgan cuts EM local currency debt to ‘underweight’ as Russia-Ukraine woes bite
By Jorgelina do Rosario LONDON – JPMorgan analysts have slapped a sell, or ‘underweight’, recommendation on emerging market local currency sovereign debt due to the global fallout from the Russia-Ukraine crisis. Emerging…
BlackRock’s Fink says Russia-Ukraine crisis could accelerate digital currencies
NEW YORK – BlackRock Inc’s chief executive, Larry Fink, said on Thursday that the Russia-Ukraine war could end up accelerating digital currencies as a tool to settle international transactions, as the conflict…
Gold slides on Russia-Ukraine talks, U.S. rate hike bets
By Bharat Gautam – Gold extended its slide on Tuesday as ceasefire talks between Russia and Ukraine reduced demand for safe-haven assets, while bets that the U.S. Federal Reserve may raise interest…
Gold slides on Russia-Ukraine talks, U.S. rate hike bets
By Bharat Gautam – Gold extended its slide on Tuesday as ceasefire talks between Russia and Ukraine reduced demand for safe-haven assets, while bets that the U.S. Federal Reserve may raise interest…
Bread consumers to swallow the cost of Russia-Ukraine war
By Rod Nickel WINNIPEG, Manitoba – Russia’s invasion of Ukraine, one of the world’s breadbasket nations, has driven wheat prices to 14-year highs, forcing bread consumers to eat the cost. Russia’s Feb.…
ECB’s Centeno warns of ‘stagflation’ from Russia-Ukraine conflict
LISBON -European Central Bank Governing Council member Mario Centeno warned on Wednesday that Russia’s invasion of Ukraine could lead to a combination of low growth and high inflation, known as stagflation, in…
Goldman sees commodities rally on Russia-Ukraine crisis, sanctions
– Goldman Sachs expects a rise in the prices of commodities that Russia is a major producer of and lifted its short-term Brent crude forecast as the West stepped up political and…
Russia-Ukraine volatility hits hard already hammered U.S. credit
By Davide Barbuscia NEW YORK – U.S. credit markets have been churning with more volatility spurred by Russia’s invasion of Ukraine, on top of uncertainty around monetary policy shifts, hurting investor returns…
Brazil’s Vale expects Russia-Ukraine conflict to affect price of nickel, pellets
– Executives of miner Vale SA said on Friday that Russia’s invasion of Ukraine has led to speculation in the price of nickel, and they expect the conflict to also influence the…
HSBC sees risks of wider contagion to markets from Russia-Ukraine conflict – CEO
LONDON – The boss of HSBC, one of Europe’s largest banks, said on Tuesday he was concerned about the risk of “wider contagion” for global markets from the deepening crisis in Ukraine.…
Top U.S. foreign policy officials arrive at White House as Russia-Ukraine crisis simmers
WASHINGTON – Top U.S. foreign policy officials arrived at the White House on Monday as Russian President Vladimir Putin said he was weighing a request by two regions of eastern Ukraine to…
How a Russia-Ukraine conflict might hit global markets
By Karin Strohecker LONDON – A potential invasion of Ukraine by neighbouring Russia would be felt across a number of markets, from wheat and energy prices and the region’s sovereign dollar bonds…
‘Vladdy daddy please no war…’ Gen Z posts on Russia-Ukraine tensions
By Daphne Psaledakis and Elizabeth Culliford – The teens, tweens and adults of Gen Z are turning to TikTok and Instagram to hash over the tensions between Russia and Ukraine, some appealing…
Escalated Russia-Ukraine conflict would keep inflation higher longer -IMF
By Andrea Shalal and David Lawder WASHINGTON – An escalated conflict between Russia and Ukraine would likely further increase energy costs and commodities prices for many countries, keeping headline inflation rates elevated…
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