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UN chief: Ukraine war hitting poor nations reliant on wheat

The United Nations chief warned Monday that Russias war on Ukraine is holding "a sword of Damocles" over the global economy, especially poor developing countries that face skyrocketing food, fuel and fertilizer prices and are now seeing their breadbasket "being bombed."
World Health Organization Al Qahirah Burkina Faso United States L Vivs Ka Oblast Farhan Haq

UN chief: Ukraine war hitting poor country reliant on wheat

UNITED NATIONS (AP) — The United Nations chief warned Monday that Russia’s war on Ukraine is holding “a sword of Damocles” over the global economy, especially poor developing countries that face skyrocketing food, fuel and fertilizer prices and are now seeing their breadbasket “being bombed.”
World Health Organization Al Qahirah Burkina Faso United States L Vivs Ka Oblast Farhan Haq
Source: apnews.com

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IMF: Ukraine economy could collapse if war drags on | Money

WASHINGTON, March 15 — The government in Kyiv continues to function, the banking system is stable and debt payments are viable in the short term, but the Russian invasion could plunge Ukraine into a devastating recession, the IMF said Monday. The Washington-based crisis lender also warned the war...
New York United States World Bank District Of Columbia L Vivs Ka Oblast Antonio Guterres

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