IMF to slash forecast for 143 economies amid Ukraine conflict
The immediate priorities, according to the IMF chief, are to end the war in Ukraine, confront the pandemic, and tackle inflation and debt.
US gives Ukraine $1 billion more in military aid, adds heavy weapons
Totalling to more than US$2.5 billion, the aid includes artillery systems, artillery rounds, armoured personnel carriers and unmanned coastal defence boats.
US struggles to sway India on Ukraine conflict in ‘candid’ exchange at summit
Indian Prime Minister Narendra Modi walks a tightrope between maintaining relations with the West, but has raised concerns in Washington by continuing to buy Russian oil.
South Asia to see slower economic growth as war in Ukraine impedes recovery: World Bank report
The report said the conflict would raise inflation further, as countries already grappled with rising commodity prices, supply bottlenecks, and vulnerabilities in financial…
Ukraine crisis hits Indonesian cement, fertilizer industries
Companies said that the industries were facing difficulty securing coal, kraft paper, and a certain chemical used to make fertilizer due to Russia's conflict with Ukraine.
Ukraine conflict can hurt Malaysian pockets
Economists say the shortage of oil and energy, of which Russia and Ukraine are a major supplier, will add to the disruptions to the global supply chains, thus driving prices up.
Ukraine crisis sparks new arms race
European governments have said they would make billions of euros available in additional defense spending after Russia began its special military operation in Ukraine.
Difficult to adjust ties with Russia: Bangladesh foreign secretary
He also reiterated that Bangladesh wants to have friendly and diversified relations with all countries.
Asean Foreign Ministers offer condolences to the people of Ukraine
The dignitaries also supported the UN Secretary-General's call to action to conduct an independent investigation of all alleged atrocities against innocent civilians of the…
Cambodia abstains from Russian UN human rights vote
Cambodian ambassador to the UN Ke Sovann explained that suspension of Russia from the UN Human Rights Council will not help resolve the conflict but will trigger the situation.