World

World Latest News

Ukraine grain ships stuck in Istanbul traffic jam
Ukraine grain ships stuck in Istanbul traffic jam
by  AFP

A cargo ship traffic jam stretched as far as the eye could see off Istanbul, where a key deal to get Ukraine grain to market has translated into major hold-ups. The group noted last week the waiting time for cargo ships leaving Ukraine reached nine days on average, in a statement that warned of "congestion" in some of the waters near Istanbul.

Germany forecasts 2023 recession as energy crisis bites
Germany forecasts 2023 recession as energy crisis bites
by  AFP

Germany will sink into recession next year and inflation will soar, the government forecast Wednesday, as Europe's top economy battles skyrocketing energy prices following Russia's gas shutdown. The soaring energy costs are expected to send inflation to eight percent in 2022 and seven percent in 2023, the government forecast.

US

Asia

Africa

Europe