Poor countries face food, energy, finance crises due to Ukraine war, UN chief says

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

UNITED NATIONS: Poor countries face economic ruin from simultaneous crises of food, energy and finance due to supply disruptions caused by Russia's invasion of Ukraine, UN Secretary-General Antoni

Russia is the world's top exporter of combined oil and gas, and Russia and Ukraine are both major producers of grain, together accounting for around a third of global exports. World commodity prices have hit records, hurting countries that rely on imports.

"We are now facing a perfect storm that threatens to devastate the economies of many developing countries," Guterres said. "The most vulnerable people around the world cannot become collateral damage in yet another disaster for which they bear no responsibility," Guterres said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So tell US to stop aiding with more weapons , and truce starting from there , UN Ukraine and Russia have to talk .... Nobody else .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines