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BREAKING
President al-Mashat: Our armed forces, represented by our air defenses, will soon turn the Zionist enemy’s aircraft into a subject of ridicule.
President al-Mashat: Good news about the Zionist enemy’s aircraft used in aggression against our country will reach you soon, God willing.
President al-Mashat: Our armed forces will be able to deal with hostile Zionist aircraft without causing any harm to air or maritime navigation.
President al-Mashat: To ensure the safety of airliners, they must avoid navigating along the routes used by the Zionist entity to carry out aggression against our country.
Yemeni President Mahdi al-Mashat: For the safety of air and maritime navigation in areas where our armed forces operate, we have directed that the routes used by the Zionist enemy to attack our country be designated as dangerous.
Hamas official says despite this, Hamas leadership is currently undertaking a thorough review of the new proposal
Hamas official says the response fails to meet any of the just and legitimate demands of our people
Hamas official says it is clear that the Israeli response fundamentally seeks to entrench the occupation
Reuters citing Hamas official: Group received Israeli response to Witkoff proposal
Sources to Al Mayadeen: The news regarding a press conference tonight by the head of the Hamas movement in the Gaza Strip, Khalil Al-Hayya, is false.

Anti-Russia sanctions to impact world: IMF Chief

  • By Al Mayadeen Net
  • Source: Agencies
  • 25 Feb 2022 19:30
  • 2 Shares
2 Min Read

IMF Chief warns that anti-Russia sanctions would impact the world through higher oil, grain prices.

  • x
  • International Monetary Fund Managing Director Kristalina Georgieva
    International Monetary Fund Managing Director Kristalina Georgieva

International Monetary Fund (IMF) Managing Director Kristalina Georgieva said, on Friday, that sanctions imposed by the West on Russia may have an impact on the global economy due to increasing inflation caused by rising oil and grain prices.

"What is happening, of course, has implications for the economy of Ukraine, but the impact is going to go beyond Ukraine," Georgieva said.

She added that "because we have already seen actions taken in terms of sanctions that would add to the economic impact of this crisis and will be transmitted primarily through energy prices as well as grains prices adding to growing concern of inflation and how it can be countered."

Related News

EU to begin work on 18th sanctions package against Russia: Finnish FM

BRICS FMs condemn unilateral protectionism, call for UN reforms

Worries about global supply disruptions and US-European sanctions against Russia pushed global oil prices above $100 per barrel for the first time since 2014, while wheat, soybeans, and maize prices jumped to multi-year highs as well.

Inflation had already been sharply increasing in the US before last week's rise in oil and grain prices, with consumer prices rising at their fastest rate in 40 years in the 12 months to January.

The Russia-Ukraine issue, according to Georgieva, has prompted an exit of funds from emerging economies "when we need exactly the opposite, more financing going there."

It is worth mentioning that Russia owns 3% of its foreign currency in emerging market bonds, and a financial crisis there might spread to the rest of the market.

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  • IMF
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As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

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