LIVE: Price shocks from Ukraine war to last 3 years, says World Bank
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Topics Today News | sri lanka | Russia Ukraine Conflict
BS Web Team | New Delhi
Last Updated at April 26, 2022 22:28 IST
EVENT HIGHLIGHTS
The World Bank in a report said that the global food and fuel price shocks linked to the Russia-Ukraine war are set to last until at least the end of 2024.
Live news updates: The World Bank in a report said that the global food and fuel price shocks linked to the Russia-Ukraine war are set to last until at least the end of 2024 and raise the risk of stagflation. It added that the world faces the biggest commodity price shock since the 1970s.
US Vice President Kamala Harris tested positive for Covid-19, the White House announced on Tuesday. It added that President Joe Biden is not being considered a 'close contact' of Harris.
US Vice President Kamala Harris tested positive for Covid-19, the White House announced on Tuesday. It added that President Joe Biden is not being considered a 'close contact' of Harris.
PM Narendra Modi will interact with chief ministers on the emerging Covid-19 situation in the country on Wednesday through video conferencing, an official said. Union Health Secretary Rajesh Bhushan will make a presentation at the conference.
The US convened its allies on Tuesday at a German air base to pledge the heavy weapons Ukraine needs to achieve victory, after which Russia accused NATO of engaging in a proxy battle that can create a serious risk of nuclear war.
Sri Lanka’s cabinet approved a plan to abolish constitutional amendments that gave President Gotabaya Rajapaksa wide-ranging executive powers, acceding to one of the key demands from citizens protesting his economic policies as the ruling family tries to stay in office. A proposal by Prime Minister Mahinda Rajapaksa--the president’s brother--to return to the 19th amendment of the constitution “with necessary changes” has been approved, government spokesman Rohan Welivita said in a statement Monday. He didn’t specify the changes.
Sri Lanka’s cabinet approved a plan to abolish constitutional amendments that gave President Gotabaya Rajapaksa wide-ranging executive powers, acceding to one of the key demands from citizens protesting his economic policies as the ruling family tries to stay in office. A proposal by Prime Minister Mahinda Rajapaksa--the president’s brother--to return to the 19th amendment of the constitution “with necessary changes” has been approved, government spokesman Rohan Welivita said in a statement Monday. He didn’t specify the changes.
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