International

Haulage strike paralyzes Argentina’s farming exports

BUENOS AIRES, Argentina (AFP) — A four-day-old strike by Argentine grain transporters, demanding higher freight rates in the face of rising diesel prices due to war in Ukraine, has paralyzed farming exports, industry sources said Thursday. Thousands of trucks that haul grain and its derivatives have parked along the side of the road in the South American country, which is the world’s largest exporter of soybean flour and oil, and one of the main suppliers […]

N.Korea-tied hackers executed $620 mn crypto heist: FBI

WASHINGTON, United States (AFP) — North Korean-tied hackers were responsible for a $620-million cryptocurrency heist last month targeting players of the popular Axie Infinity game, US authorities said Thursday. The hack was one of the biggest to hit the crypto world, raising huge questions about security in an industry that only recently burst into the mainstream thanks to celebrity promotions and promises of untold wealth. Last month’s theft from the makers of Axie Infinity, a […]

Germany seizes world’s largest yacht owned by Russian oligarch

BERLIN, Germany (AFP) — Germany has officially confiscated the world’s largest superyacht owned by Russian oligarch Alisher Usmanov, as part of sanctions against Moscow following the outbreak of war in Ukraine, police sources said Thursday. The 156-metre (1,680-feet) long “Dilbar” has an estimated value of $600 million ((555 million euros) according to Forbes magazine. Since last October the boat has been docked for repairs in a Hamburg shipyard. German customs had been eyeing the superyacht […]

Russia ‘would deploy nuclear arms’ near Finland, Sweden if they decide to join NATO

  MOSCOW, Russia (AFP) — Former Russian president Dmitry Medvedev warned Thursday that Russia would deploy nuclear weapons close to the Baltic States and Scandinavia if Finland or Sweden decide to join NATO. Medvedev, deputy chairman of Russia’s security council and president from 2008 to 2012, wrote on Telegram that if the countries joined, this would more than double Russia’s land border with NATO members. “Naturally, we will have to reinforce these borders,” he said. […]

Finland to decide on NATO membership ‘within weeks’

  by Sam KINGSLEY Agence France Presse HELSINKI, Finland (AFP) — Rattled by Russia’s invasion of Ukraine, Finland’s prime minister said Wednesday the Nordic nation would decide whether to apply for NATO membership “within weeks”, despite the risk of infuriating Moscow. Helsinki’s parliament will next week open a debate about joining the Western alliance after the Ukraine war sparked a dramatic U-turn in public and political opinion in Finland and neighbouring Sweden over long-held policies […]

International agencies call for urgent aid to address food insecurity

Major international organizations issued an appeal Wednesday for urgent measures to deal with rising food insecurity in poor countries, including financing to support farmers and increase food supplies. The Russian invasion of Ukraine, and Western sanctions on Moscow, have sent energy and food prices soaring in recent weeks, while rising natural gas prices also have impacted fertilizer production, which in turn hurts farmers. “It is critical to quickly provide support for food insecure countries in a coordinated manner,” […]

Fleeing war, Ukraine’s orphans face trafficking threat

Left in care homes and now threatened by war, thousands of already vulnerable Ukrainian refugees are at risk of being trafficked as they are uprooted by fighting across the country. Some have come under Russian fire in their care homes. Others fled amid the sound of explosions and gunfire. Many remain unaccounted for, lost in the chaos of Ukraine’s sprawling and often disorganised social service system. “There was a big problem of forced labour in […]

Ukraine war fuels ‘overlapping crises’: World Bank’s Malpass

The Russian war on Ukraine has set off a chain reaction in the global economy, pushing energy and food prices higher, exacerbating debt concerns and potentially worsening poverty and hunger, World Bank President David Malpass said Tuesday. Faced with these “overlapping crises,” the leader of the development lender urged advanced nations to keep markets open, removing trade barriers and reversing policies that concentrate wealth. The war came as the global economy was trying to right itself following the Covid-19 […]

Biden’s biofuel: Cheaper at the pump, but high environmental cost

by Lucie Aubourg © Agence France-Presse WASHINGTON, United States (AFP) — In an effort to ease Americans’ pain at the gas pump, President Joe Biden has announced his administration will ease restrictions on the sale of E15 — gasoline that includes 15 percent ethanol — and new investments in biofuels as a whole. But the decision hasn’t pleased scientists who study the environmental impact of ethanol. What is ethanol?  Fuel ethanol is based on the […]

Russian warship ‘seriously damaged’ in ammunition explosion: state media

ODESSA, Ukraine (AFP) —  A Russian warship in the Black Sea was “seriously damaged” by an ammunition explosion, Russian state media said Thursday. “As a result of a fire, ammunition detonated on the Moskva missile cruiser. The ship was seriously damaged,” the Russian defense ministry was quoted as saying, adding that the cause of the fire was being determined and that the crew had been evacuated. Earlier, the governor of Odessa said that Ukrainian forces […]

Toll in South Africa’s deadliest floods on record tops 300

  by John MKHIZE and Linda GIVETASH Agence France Presse DURBAN, South Africa (AFP) — The death toll from devastating floods in and around the South African port city of Durban has risen to 306, the government said Wednesday, after roads and hillsides were washed away as homes collapsed. The heaviest rains in 60 years pummelled Durban’s municipality, known as eThekwini. According to an AFP tally. The storm is the deadliest on record in South […]

Biden gives ‘crime scene’ Ukraine $800 mn to hold off Russia

  by Frankie Taggart with Joe Stenson in Bucha © Agence France-Presse WASHINGTON, United States (AFP) — US President Joe Biden announced an $800 million military aid package for Ukraine on Wednesday as international prosecutors declared the war-torn Western ally a “crime scene” amid fears of a massive revamped Russian assault. The announcement came with the Russian military threatening to strike Ukraine’s command centers in the capital Kyiv if Ukrainian troops continue to attack Russian […]