Global Commodity Prices Surge as Russia-Ukraine Crisis Ripples Markets
World Bank reports the Russia-Ukraine crisis has triggered a historic surge in commodity prices, disrupting global markets and supply chains.
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IMF Chief Urges Global Unity to Tackle Pandemic, Inflation Crises
IMF’s Kristalina Georgieva calls for international cooperation to combat inflation, pandemic fallout, and geopolitical strains in a CGTN interview.
Soaring Energy Costs Force Italian Pools to Shut Down
Rising energy costs linked to the Russia-Ukraine conflict force early closures of Italian swimming pools, highlighting Europe’s economic strain.
Germany’s Inflation Sparks Panic Buying as Prices Soar
Nurse Yasmin details Germany’s inflation surge as energy sanctions drive panic buying, with food prices up 15% and gas costs soaring 40% this year.
IMF Warns of ‘Dangerous Divergence’ in Global COVID-19 Economic Recovery
The IMF warns of a ‘dangerous divergence’ in the global economic recovery from COVID-19, highlighting risks of unequal progress among nations.
IMF Chief Flags ‘Dangerous Divergence’ in Global COVID Recovery
IMF Managing Director warns of a ‘dangerous divergence’ in the global economic recovery from COVID-19 during a debate with the U.S. Federal Reserve Chair at the Spring Meetings.