WORLD

Moscow, Russia | Xinhua | It is obvious that the process of de-dollarization around the world has started and cannot be stopped, Vyacheslav Volodin, chairman of Russia’s lower parliament house, the State Duma, said Tuesday. After the United States withdrew from the Bretton Woods agreement, the greenback was no longer pegged …

Member states agreed to reduce their gas demand by 15 percent compared to their average consumption in the past five years Brussels, Belgium | Xinhua | European Union (EU) member states have reached a political agreement on a 15 percent voluntary reduction of natural gas demand from the average of 2017-2021, …

Russia and Ukraine signed separate agreements on July 22 with Turkey and the United Nations clearing the way for exporting millions of tons of desperately needed Ukrainian grain — as well as Russian grain and fertilizer — ending a wartime standoff that had threatened food security around the globe. The …

Washington, U.S. | Xinhua | The International Monetary Fund (IMF) on Tuesday slashed the global growth forecast for 2022 to 3.2 percent, down by 0.4 percentage point from the April projection, according to its newly released update to the World Economic Outlook (WEO). Several shocks have hit the world economy already …

Instanbul, Turkey | Xinhua | Turkish law enforcement units have detained 26 military personnel on the grounds of aiding a network accused of orchestrating a coup attempt in 2016, local media reported on Tuesday. In a joint effort by the army and the police forces detaining 35 individuals whose arrests were …

Sao Paulo, Brazil | Xinhua | Brazilian President Jair Bolsonaro reiterated Monday his opposition to economic sanctions against Russia, in order to retain the supply of Russian fertilizer imports to Brazilian agribusiness. “We are not going to adhere to sanctions (against Russia). We maintain a balanced position because without Brazil’s balance …

Washington, U.S. | Xinhua | U.S. President Joe Biden told reporters virtually on Monday that he’s anticipating a return of in-person work by the end of the week. Biden, who tested positive for COVID-19 last Thursday, said he’s “feeling great” following a virtual meeting with administration officials, as he continues to …

  Kiev, Ukraine | Xinhua | Ukraine is preparing to start grain exports via the Black Sea ports this week under the grain deal signed last week in Türkiye, Ukrainian officials said on Monday. Speaking at a media briefing aired on the Ukrainian Infrastructure Ministry’s Facebook page, Infrastructure Minister Oleksandr Kubrakov …

Russia and Ukraine separately signed a deal in Istanbul Friday with Türkiye and the United Nations to resume grain shipments from Ukrainian ports to international markets via the Black Sea Moscow, Russia | Xinhua | Russia and Ukraine separately signed a deal in Istanbul on Friday with Türkiye and the United …

The world is paying the price for not having responded adequately London, UK | Xinhua | Haunting Africa for years, monkeypox has finally drawn international concern, less than three months after cases exploded in countries such as Britain and the United States. On Saturday, the World Health Organization (WHO) officially declared …