UN warns of unprecedented 'wave of hunger'
The cost of living crisis unleashed by the war will impact all countries, says the UN chief as pressure on Russia to end blockade of Ukrainian ports grows.
'No country' will be left untouched by cost of living crisis, says the UN chief Antonio Guterres as pressure on Russia to end blockade of Ukrainian ports grows. Increase in prices of energy and food can be felt everywhere, but for nations in the Horn of Africa the situation is dire as people in rural areas are on the brink of starvation. We talk to Hassan Khannenje, director of Horn International Institute for Strategic Studies.
India has increased interest rates for the second time this year, with an increment of 0.5%. The country is struggling to control rising inflation, which stands at 8%. Sanjay Aggarawal of Paramount Cables Group and Pradeep Multani of PHD Chamber of Commerce and Industry tell us more.
A TikTok executive has stepped back after claims that he participated in an aggressive work culture. We hear from Financial Times reporter Cristina Criddle about the allegations.
Walmart heir Rob Walton and his family have won the bidding to buy NFL's Denver Broncos. The Walton-Penner family is reported to have made a bid worth 4.65 billion dollars. Sports Business Journal's Ben Fischer explains the details.
(Picture: UN Secretary-General Guterres. Picture credit: European Pressphoto Agency)
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