The EU ban on Russian oil is expected to further inflate oil prices, increasing Moscow’s oil revenues
The ban on imports of Russian crude proposed by the EU authorities will only raise Moscow’s oil revenues, according to Norbert Rucker, head of economics and next-generation research at Swiss wealth manager Julius Baer.
The impact of the ban on Russia is “debatable,” the analyst said in an i
Original Post: bignewsnetwork.com
Turkey’s Farmers Yearn for Support As Costs Soar
© Provided by Xinhua
by Burak Akinci
ESKISEHIR, Turkey, May 15 (Xinhua) — Veli Gelen has been farming the fertile cropland of the northwestern Turkish province of Eskisehir for decades. But now, with rampant inflation and skyrocketing costs, his livel
SLFP Will Support Formation of New Govt: Former Sri Lankan President Informs PM
Colombo [Sri Lanka], May 15 (ANI): Sri Lanka Freedom Party (SLFP) Leader Maithripala Sirisena on Sunday in a letter to newly appointed Prime Minister Ranil Wickremesinghe said that his party will support the formation of a new government with the Prime Minister.
The SLFP leader Sirisena said that his party members had sought the meeting with Wickremesinghe and the time and date are now being worked out for the discussions
UN Stands With Sri Lanka, Hopes for Peaceful Recovery From Current Crisis
Colombo [Sri Lanka], May 15 (ANI): Admiring the resilience shown by the Sri Lankan people, the United Nations said that it stands with the people and hopes for a peaceful recovery from the current crisis, local media reported.
“Today the United Nations stands with Sri Lanka, we admire the resilience shown by her people, and are hopeful of a peaceful recovery from the current crisis,” UN Resident Coordinator in Sri Lanka,
Original Source: bignewsnetwork.com
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