Tag: Russia Ukraine invasion

Biden Administration to Suspend Summer E15 Gasoline Sales Ban

The Biden administration is planning to allow sales of higher-ethanol gasoline blends throughout the summer months as part of measures to address the increasing fuel costs driven by Russia’s invasion of Ukraine. “The president is committed to doing everything he can to address the price increase Americans are facing at the pump,” a senior Biden…


Over Thousand Railcars Carrying Grain Stuck at Ukraine Borders

Ukrainian train wagons containing grain are stuck close to the country’s border with Poland, according to data from Kyiv’s state-run railway company Ukrzaliznytsia. In total, 24,190 wagons carrying various goods like chemicals, iron ore, coal, etc. are waiting to cross the western border, Reuters reported, citing the railway company data. Of this, roughly 1,100 wagons…


Economic Impact of Ukraine War Revealed in Fed Meeting Minutes

The minutes of the Federal Open Market Committee (FOMC) meeting on March 15–16 shed light on the economic impact of the Ukraine war on the U.S. economy, specifically with regard to inflation and the Fed’s interest rate. Participants in the meeting “judged that the implications of the war for the U.S. economy were highly uncertain,…


EU Official Calls Summit With China a ‘Dialogue of the Deaf’

Chinese leaders “did not want to talk about Ukraine” during Friday’s high-profile summit between the European Union and Beijing, the EU’s foreign policy chief said, describing the session as a “deaf dialogue.” “China wanted to set aside our difference on Ukraine,” Josep Borrell told a plenary session of the European Parliament on Tuesday evening. “They…


Wheat Prices Spike On Potential Russia Sanctions

U.S. wheat prices climbed for the second consecutive day amidst reports that more sanctions are being considered against Russia for its ongoing war in Ukraine and alleged crimes against the civilian population. U.S. wheat futures registered its lowest closing price in a month on April 1 at $9.84 per bushel. After rising on Monday, it…


Rep. Rose: US Food Producers Rely on Extended Supply Chains Abroad

The United States has become “increasingly dependent” on extended supply chains of agricultural inputs such as fertilizer and agrochemicals to keep modern agriculture running, resulting in food supply delays, Rep. John Rose (R-Tenn.) told Steve Lance, host of NTD’s Capitol Report. “We have become, unfortunately, increasingly dependent on extended supply chains for various inputs that make agriculture…


Putin’s Plan B is to Ramp up Attacks Against Ukrainian Civilians: UK Spy Chief

Russian President Vladimir Putin’s “Plan B” is to ramp up attacks against Ukrainian civilians and cities, Director GCHQ Sir Jeremy Fleming warned in a rare address on Thursday. GCHQ is the UK’s Intelligence, Cyber, and Security Agency. Fleming said Putin’s initial plan is failing more than a month after he launched an “unprovoked and premeditated attack”…


UN Food Chief Warns of Global Crisis Not Seen Since World War II

The U.N. food chief on Tuesday warned that Russia’s Ukraine invasion will have a global impact “beyond anything we’ve seen since World War II” and that the war has created “a catastrophe on top of a catastrophe.” “We would have never dreamed anything like this would be possible,” David Beasley, executive director of the U.N….


Russian Missile Strikes Oil Depot in Western Ukraine

A Russian missile struck an oil depot in western Ukraine late on Monday, the governor of the Rivne region said. Governor Vitaliy Koval said in a brief video address on social media that emergency services were at the scene, without elaborating. The attack marks the second on oil facilities in the region and is the…


Russian Imperialism and the War on Ukraine

Commentary “This is a murder!” Ukraine’s President Volodymyr Zelenskyy showed Congress a two-minute video that made the heart-wrenching reality of Russia’s war on Ukraine inescapably plain for all to see. Ukraine is a sovereign, independent nation, recognized as such throughout the world and by the United Nations. Vladimir Putin invaded its neighbor and embarked on…