BALI, Indonesia - Group of 20 finance ministers and central bank chiefs from top economies will meet in Indonesia Friday for talks on the fallout from Russia's invasion of Ukraine, which has roiled markets, spiked food prices and stoked breakneck inflation. The two-day meeting takes place on the...
KYIV, Ukraine -- Russian missiles struck Vinnytsia in central Ukraine Thursday, killing at least 23 people including three children, in what President Volodymyr Zelensky called "an open act of terrorism." Ukrainian President Volodymyr Zelensky gestures while addressing a press conference with...
ISTANBUL, Turkey - Russia and Ukraine were due Wednesday to hold their first talks with UN and Turkish officials aimed at breaking a months-long impasse over grain exports that has seen food prices soar and millions face hunger. The four-way meeting in Istanbul comes with Russia's invasion of...
Elmau Castle, Germany - Ukrainian President Volodymyr Zelensky on Monday urged world leaders gathered at the G7 summit to do their utmost to end Russia's invasion of his country by the end of the year, a source told AFP. In his closed-door address via video-link to the gathering of leaders in the...
Photo by Pixabay from Pexels. There is a global wheat shortage. The Philippine Association of Flour Millers, Inc. (PAFMI) mainly attributes this to the war between Russia and Ukraine, which collectively supply a third of the global wheat supply. Wheat exports from Ukraine are blocked by the Russian...
VIENNA, Austria -- The war in Ukraine could allow illegal drug production to flourish, while the opium market's future hinges on the fate of crisis-wracked Afghanistan, the United Nations warned Monday. Previous experience from the Middle East and Southeast Asia suggests conflict zones can act as a...
BRUSSELS, Belgium -- European Union leaders granted candidate status Thursday to Ukraine and Moldova in a strong show of support against Russia's invasion, as the United States said it was sending Kyiv more high-precision rocket systems. France's President Emmanuel Macron (L), President of the...
Senator Francis ‘Tol’ N. Tolentino today June 21 asked the incoming leadership of the Department of Budget and Management (DBM) to empower local government units (LGUs) using the ‘Mandanas ruling’ of the Supreme Court in averting the effects of a looming global recession amid the combined...
BERLIN, Germany -- The war in Ukraine could last "for years", NATO chief Jens Stoltenberg warned in an interview published Sunday by German daily newspaper Bild, while reiterating calls for Western countries to provide long-term support to Kyiv. "We must be prepared for this to last for years," the...
KYIV, Ukraine -- The European Union's most powerful leaders on Thursday embraced Ukraine's bid to be accepted as a candidate for EU membership, in a potent symbol of support in Kyiv's battle against Russia's invasion. (L-R) Romanian President Romanian President Klaus Iohannis, Prime minister of...
A ranking solon who is well- versed in "budgeting" has told Filipinos to get ready to tighten the belts in the coming months amid what he described as "turbulent economic times". (Towfiqu Barbhuiya/ Unsplash) “We foresee difficult times ahead...and it is up to us if we can safely ride it through...
President Duterte is praying that the war between Russia and Ukraine and the conflict between China and Taiwan would be resolved peaceably through negotiations as killing human beings is senseless. President Duterte (Malacañang photo) Duterte said this amid ongoing geopolitical tension in Europe...
