The war in Ukraine has dealt a major shock to commodity markets, altering global patterns of trade, production, and consumption in ways that will keep prices at historically high levels through the end of 2024, according to the World Bank’s latest Commodity Markets Outlook report.
PJSC LUKOIL announced that the company’s President and member of the Board of Directors Vagit Alekperov informed the Company about his decision to resign as a member of the Board of Directors of PJSC LUKOIL and early resign as President of PJSC LUKOIL.
On Wednesday, UN Secretary-General António Guterres presented the first detailed policy brief issued by the Global Crisis Response Group on Food, Energy and Finance (GCRG), which he set up to study the effects of the war in Ukraine on the world’s most vulnerable. Here is a summary of the findings, and some of your key questions answered, on what the Group aims to achieve, the UN News reported.
World food commodity prices made a significant leap in March to reach their highest levels ever, as war in the Black Sea region spread shocks through markets for staple grains and vegetable oils, the Food and Agriculture Organization of the United Nations (FAO) reported.
The Minister of Education and Science of Kyrgyzstan Almazbek Beishenaliev wrote on his Facebook page that schoolchildren will start studying at the age of six, Dunyo news agency reported.
Today, under the chairmanship of Deputy Prime Minister Yeraly Tugzhanov, a meeting of the interdepartmental commission on preventing and spreading coronavirus infection in the Republic of Kazakhstan was held, the press service of the Prime Minister of Kazakhstan reported.
Deputy Lebanese Prime Minister Saad al-Shami announced the "bankruptcy of the state and the Central Bank of Lebanon."
In Turkmenistan, on the eve of the Muslim holy month of Ramadan, believers were again allowed to visit mosques, Anadolu news agency reported.
Welding of the main circulation pipeline (MCP), a key assembly operation scheduled for 2022, has started in the reactor building of Akkuyu Nuclear Power Plant Unit 1. MCP connects the main equipment of the reactor plant - reactor, steam generators, and reactor coolant pumps, thus shaping the NPP primary circuit.