UN Report Says Billions Face Food, Energy, Finance Crises Due To Ukraine War

United Nations Secretary-General Antonio Guterres speaks to the media regarding Russia's invasion of Ukraine, at the United Nations Headquarters in New York City, on Mar 14, 2022. (Photo: REUTERS/Andrew Kelly)

CNBC: Russia’s war in Ukraine threatens to hurt billions, UN warns, as food and energy prices soar

* Russia’s war in Ukraine is already taking a dramatic toll on the world economy, causing disruptions to global food, energy and financial markets, the United Nations said.

* The “perfect storm,” which comes amid already-brewing crises related to the Covid pandemic and climate change, “threatens to negatively affect the lives of billions of people around the world,” the UN said.

* U.S. Treasury Secretary Janet Yellen said earlier that her department will be turning its attention to the risk of an increase in global starvation rates.

Russia’s war in Ukraine is already taking a dramatic toll on the world economy and placing a huge swath of the world’s population, especially those in developing nations, at an increased risk of harm, the United Nations warned Wednesday.

The crisis has caused a “perfect storm” of disruptions to global food, energy and financial markets that “threatens to negatively affect the lives of billions of people around the world,” the UN said in a new report.

Those systems were already under immense strain due to the ongoing coronavirus pandemic, as well as climate change and other historic challenges, the report said.

Read more ....

WNU Editor: The UN report is here .... Global Impact of war in Ukraine on food, energy and finance systems (United Nations).

UN Report Says Billions Face Food, Energy, Finance Crises Due To Ukraine War

Ukraine war unleashing a 'perfect storm' of crises, warns UN chief -- UN News

UN says Ukraine war threatens to devastate many poor nations -- AP

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

Ukraine war is a 'perfect storm,' threatening food, energy, and debt crises across the globe: UN report -- FOX News

UN: War in Ukraine "supercharging" global crises -- Axios

from War News Updates https://ift.tt/B7kNxvD
via IFTTT

Comments

U.S. Army Conducts Gunnery Exercise With Latest Air Defense System Sgt Stout.

U.S. Army officials confirmed that a live gunnery exercise at Fort Hood, Texas, is underway, featuring the latest-generation Sgt Stout short-range air defense system. The drills mark a significant step toward full operational integration as units across the force adapt to evolving threats from drones, rotary-wing aircraft, and low-flying munitions. It matters because Sgt. Stout enhances the Army’s ability to defend forward-deployed troops and critical infrastructure from modern aerial threats. Read full Defense News at this link ... A U.S. Army SGT Stout SHORAD air defense vehicle maneuvers into firing position during live-fire training with the 6th Battalion, 56th Air Defense Artillery Regiment at Fort Hood, Texas, on October 3, 2025. (Picture source: U.S. Department of War) Read More from World Defence News https://ift.tt/NYmsS1n via IFTTT

US Budget Proposal Seeks F-22 Raptor Stealth Jet Upgrades to Protect Air Dominance

Lockheed Martin’s F-22 Raptor fighter jet is confirmed to receive major upgrades under the proposed FY2026 budget plan to ensure its sustained edge in air dominance operations, according to the U.S. Air Force Financial Management and Comptroller. Despite the emergence of sixth-generation designs, the Air Force’s dedicated $90 million budget aims to extend the Raptor’s relevance. This move underscores a broader strategy to protect critical stealth assets against evolving threats from China and Russia. It highlights a firm commitment to bridging the gap until Next Generation Air Dominance systems mature. Read full defense News at this link. The planned FY2026 viability upgrade marks a clear signal that the F-22 remains a backbone of U.S. air dominance doctrine (Picture source: U.S. Air Force) from World Defence News https://ift.tt/xebSkjs via IFTTT

Raytheon Australia Integrates Sidewinder Missile With NASAMS Launcher to Strengthen Air Defence

On June 30, 2025, Raytheon Australia integrated Sidewinder Missile on NASAMS High-Mobility Launcher strengthening ground-based air defence capabilities. In a significant demonstration at the Woomera Test Range, the Australian Army’s 16th Regiment, Royal Australian Artillery, successfully fired the AIM-9 Sidewinder missile from a Hawkei High-Mobility Launcher, marking a world-first for this missile-platform pairing. This milestone underlines the growing relevance of adaptable, layered air and missile defence systems for Australia’s national security. Read Full Defense News at this link. The successful integration of the Sidewinder missile onto the NASAMS High-Mobility Launcher represents a tangible leap in Australia’s ground-based air defence (Picture source: Australian Army) from World Defence News https://ift.tt/XxVBQHy via IFTTT

MTQ News

Search This Blog