Russia – Page 6 – Desdemona Despair

Prevalence of moderate or severe food insecurity in Africa in 2019 (left), and top eight wheat importers in Sub-Saharan Africa in 2020 (right). Challenges for food security in Sub-Saharan Africa will increase as Russia’s war on Ukraine persists. Graphic: IMF

May 7, 2022

Russia’s war on Ukraine dims global economic outlook as inflation accelerates – Africa faces new shock as war raises food and fuel costs – “This crisis unfolds even as the global economy has not yet fully recovered from the pandemic”

By Pierre-Olivier Gourinchas 19 April 2022 (IMF) – Global economic prospects have been severely set back, largely because of Russia’s invasion of Ukraine. This crisis unfolds even as the global economy has not yet fully recovered from the pandemic. Even before the war, inflation in many countries had been rising due to supply-demand imbalances and […]

World Bank COVID-19 Business Pulse Survey Dashboard, March 2022. Data cover 24 middle-and low-income countries. As of January 2021, 40 percent of surveyed businesses expected to be in arrears within six months, including more than 70% of firms in Nepal and the Philippines and over 60 percent of firms in Turkey and South Africa. Graphic: World Bank

May 5, 2022

The next global debt crisis is hiding in plain sight – With emergency debt moratoriums ending, vulnerable households and businesses confront loan repayments they can no longer afford

By Carmen Reinhart and Leora Klapper 2 May 2022 WASHINGTON (Project Syndicate) – When Russian tanks rolled into Ukraine, private-debt crises were probably already brewing—albeit hidden from view—in many parts of the world, as a result of the economic disruptions caused by the COVID-19 pandemic. Now, the war is pushing even more countries toward similar […]

Press freedom situation in 180 countries and territories, 2013-2022. Graphic: Reporters Sans Frontières

May 3, 2022

RSF’s 2022 World Press Freedom Index: a new era of polarisation – Journalism situation classified “very bad” in record number of 28 countries

2 May 2022 (RSF) – The 20th World Press Freedom Index published by Reporters Without Borders (RSF) reveals a two-fold increase in polarisation amplified by information chaos – that is, media polarisation fuelling divisions within countries, as well as polarisation between countries at the international level. Читать на русском / Read in Russian The 2022 […]

Estonian cargo vessel the Helt sinks off Odessa, Ukraine, 3 March 2022. Reports claimed the Helt was captured by Russian forces on 2 March 2022 and scuttled. Photo: Andrii Klymenko

April 30, 2022

Russia’s war destroys Ukraine’s economy, spurs global food and economic crisis – “The war in Ukraine can throw more than 1/5 of humanity into poverty, destitution, and hunger on a scale not seen in decades”

25 April 2022 (Euromaidan Press) – February 23 was an ordinary workday for the thousands of employees on two very different facilities: Chornobayivka chicken farm near Kherson and Azovstal, a giant steel mill in Mariupol. Now, after two months of the war, they are equally jobless due to the destruction of both enterprises: either by […]

FAO Food Price Index (left) and FAO Food Commodity Price Indices (right), January 2021 - March 2022. Graphic: FAO

April 8, 2022

The FAO Food Price Index makes a giant leap to another all-time high in March 2022

8 April 2022 (FAO) – The FAO Food Price Index (FFPI) averaged 159.3 points in March 2022, up 17.9 points (12.6 percent) from February, making a giant leap to a new highest level since its inception in 1990. The latest increase reflects new all-time highs for vegetable oils, cereals, and meat sub-indices, while those of […]

A body of a woman, who according to residents was executed by Russian army soldiers, lies on the street, amid Russia's invasion of Ukraine, in Bucha, in the region of Kyiv, Ukraine, 2 April 2022. Photo: Zohra Bensemra / REUTERS

April 3, 2022

Human Rights Watch report on atrocities in Russia-controlled areas of Ukraine: Summary executions, rape, and other grave abuses – “The cases we documented amount to unspeakable, deliberate cruelty and violence against Ukrainian civilians”

3 April 2022 (Warsaw) – Human Rights Watch has documented several cases of Russian military forces committing laws-of-war violations against civilians in occupied areas of the Chernihiv, Kharkiv, and Kyiv regions of Ukraine. These include a case of repeated rape; two cases of summary execution, one of six men, the other of one man; and other cases of […]

Futures prices of West Texas intermediate crude oil and lithium, May 2021-March 2022. Graphic: Bloomberg

March 29, 2022

A world that’s more expensive is starting to destroy demand – “A renewed spike in gas prices would see demand destruction become more widespread”

By David R Baker, Allison Smith, and Sheela Tobben 27 March 2022 (Bloomberg) – Prices for some of the world’s most pivotal products – foods, fuels, plastics, metals – are spiking beyond what many buyers can afford. That’s forcing consumers to cut back and, if the trend grows, may tip economies already buffeted by pandemic […]

Tokyo Tower is illuminated only in the lower-half part in response to the government’s request to save electricity in Tokyo, Japan on 22 March 2022. Photo: Issei Kato / REUTERS

March 27, 2022

The future of energy will require bigger sacrifices from citizens – “If you don’t want to act on going 1 degree lower for climate change, do it against Putin”

By Stephen Stapczynski and Shoko Oda 25 March 2022 (Bloomberg News) – Not since the late 1970s have governments around the world been under so much pressure to ask their citizens to cut energy consumption for the greater good. The need for more energy conservation has snowballed: The war in Ukraine is forcing Europe to curb […]

Map showing projected global changes in the number of undernourished people under the severe scenario over the medium term, March 2022. Graphic: FAO

March 27, 2022

FAO alarmed by uncertainty over wheat harvest in Ukraine – “War could seriously escalate food insecurity globally, when international food and input prices are already high and volatile”

By Marta Rullan 26 March 2022 ROME (EFE) – The planting of the next wheat season in Ukraine, “which could significantly affect world food insecurity, is still extremely uncertain” because of the war, the director general of the United Nations Food and Agriculture Organization (FAO), Qu Dongyu, told EFE, who was also very concerned about […]

Smoke rises after Russian shelling near Kyiv, Ukraine, on 17 March 2022. Photo: Gleb Garanich / REUTERS

March 21, 2022

Russia’s war on Ukraine threatens climate goals, warns UN chief – “This is madness. Addiction to fossil fuels is mutually assured destruction.”

By Fiona Harvey 21 March 2022 (The Guardian) – The war in Ukraine risks putting global targets on the climate out of reach, the UN secretary general has warned, if countries respond to Russia’s aggression by increasing their use of fossil fuels. António Guterres said the aim of limiting global temperatures to 1.5C above pre-industrial levels, […]