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UN tackles food prices as Ukraine crisis spells disaster
World powers met Tuesday at the United Nations on how to address rising food insecurity, with dire warnings of a devastating harvest next year due to the war in Ukraine. "There's one or two harvests per year, and already we're seeing that it's going to be devastating for next year," he told AFP, warning that the impact could be "much worse" than Covid.
Hertz to buy some 175,000 GM EVs through 2027
US rental car giant Hertz will buy up to 175,000 electric vehicles from General Motors by the end of 2027, the companies announced Tuesday, as the auto industry grapples with concerns over climate change and petroleum dependency. Subsequent purchases will depend on how fast General Motors (GM) ramps up production of electric vehicles.
Kyrgyz leader seeks talks with Tajikistan after deadly clashes
Kyrgyzstan's leader said Tuesday he is prepared to negotiate as long as it takes with Tajikistan to resolve a deadly border dispute, while also vowing his forces would not cede "a centimeter" of land. Japarov emphasized: "the Kyrgyz side does not claim foreign lands, nor does it intend to give a centimeter of its land to anyone."
US Fed opens policy meeting with steep rate hike on the table
US central bankers opened their two-day policy meeting on Tuesday with another steep interest rate hike seen as a near certainty amid stubbornly high inflation. Markets have been roiled in recent days by the decidedly hawkish statements from central bankers, and Powell's press conference after the meeting will be closely scrutinized for information on what he thinks the next steps will be.
Torture victims come forward after Russian retreat
This month's dramatic Ukrainian advance north of Kharkiv drove Russian forces back across the border, and uncovered evidence of torture under their occupation. He made his way back to Kozacha Lopan and, this month, when the town was recaptured by Ukrainian forces, he contacted the Ukrainian police.
Dutch unveil 17-bn-euro package for hard-hit households
The Dutch government announced an "unprecedented" 17.2 billion euro package on Tuesday to help citizens facing soaring energy prices and double-figure inflation driven by the ongoing war in Ukraine. Rising inflation, energy prices driven by Russia's war in Ukraine, housing shortages and anger over the government's climate plans all contributed to loss of trust, the polls said.
Alarm grows over deadly Iran crackdown on protests
International alarm mounted on Tuesday over a deadly crackdown in Iran against protests sparked by death of young Iranian woman Mahsa Amini after her arrest by Tehran's notorious morality police. Protests continued on Tuesday in Kurdistan and around Tehran's main universities and also, unusually, at the Tehran bazaar, images showed.
China should do more to help avoid debt crisis: US official
The "enormous scale" of Chinese lending to developing nations makes it critical Beijing do more to participate in restructurings to avoid a new international debt crisis, a senior US Treasury official said Tuesday. "China's enormous scale as a lender means its participation is essential," Neiman said in a speech to the Peterson Institute for International Economics.
Twitter to depose Elon Musk ahead of buyout deal trial
Twitter's lawyers will question Elon Musk next week as they gather evidence in a legal battle to hold him to his $44 billion buyout deal, a Tuesday court filing said. The long list of those being asked for documents or to answer questions in the case includes Twitter co-founder and former chief Jack Dorsey, who was to be deposed Tuesday by Musk's lawyers.
AFP
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