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29th Mar 2024

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UN: Soaring food prices may cause widespread hunger

Speaking alongside Austria's chancellor and foreign minister in Vienna, UN secretary-general António Guterres said he was "deeply concerned" about worldwide food shortages as the Russian invasion of Ukraine sent global prices for grains, cooking oils, fuel and fertiliser soaring, worsening a food crisis in African countries. He also warned disruption to shipping in the Black Sea risked spreading hunger also becoming "widespread in different parts of the world."

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

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