FAO chief warns conflicts, climate likely to fuel more food crises

This handout picture taken and released by the Turkish Defence ministry press office on Aug 3, 2022, shows an inspection delegation member inspecting the Sierra Leone-flagged cargo ship Razoni carrying 26,000 tonnes of corn from Ukraine, off the coast of north-west Istanbul. (TURKISH DEFENSE MINISTRY / AFP) ROME – The head of the United Nations […]

EU to propose crisis measures to curb energy price spike

European Union flags fly outside the European Commission building in Brussel on June 16, 2022. (KENZO TRIBOUILLARD / AFP) BRUSSELS – The European Union will propose measures to cap revenues from low-cost electricity generators and force fossil fuel firms to share the profits they make from soaring energy prices, European Commission President Ursula von der […]

As wheat prices soar, the world’s consumers vote with their feet

This photograph taken on July 31, 2022 shows a grain combine harvester collecting wheat near Novoazovsk outside Mariupol in Donetsk. (PHOTO / AFP) SINGAPORE/JAKARTA – Global wheat consumption is headed for its biggest annual decline in decades as record inflation forces consumers and companies to use less and replace the grain with cheaper alternatives, amid […]

Clermont Meridian Trading Releases Reports on ‘Why Gold Shines After Contraction in US Economy’

Toronto, Ontario, July 29, 2022 – (SEAPRWire) – Clermont Meridian Trading, has released reports on ‘Why Gold Shines After Contraction in US Economy’. Gold prices have continued to climb as a contraction in the U.S. economy increased demand for safe-haven assets, according to analysts at Clermont Meridian Trading. The rally is also driven by a less belligerent tone from the […]

Bulgarian govt faces no-confidence vote next week

Prime Minister of Bulgaria Kiril Petkov speaks during a joint press conference with European Commissioner for Transport Adina Valean and Romanian counterpart Nicolae Ciuca (not in picture) in Bucharest, Romania, April 29, 2022. (VADIM GHIRDA / AP) SOFIA – Bulgaria's main opposition party filed a no-confidence motion against the government of Prime Minister Kiril Petkov […]