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Ukraine war: IACE calls for other alternatives in terms of grain supply and tourism markets
The Arab Institute of Business Managers (IACE), on Wednesday, called on the government to urgently set up a crisis unit to identify alternatives in terms of grain supply sources, following the war in Ukraine, a country until then a privileged supplier of Tunisia.
EU hits Russia, Belarus with more sanctions, set to snub Ukraine on swift membership
The European Union announced fresh sanctions against Russia and its ally Belarus on Wednesday but EU leaders are set to rebuff Kyiv's appeal for accelerated membership of the bloc when they meet on Thursday to discuss Russia's war in Ukraine.
Food crisis grows as spiralling prices spark export bans
A global food crisis sparked by Russia’s invasion of Ukraine escalated on Wednesday as Indonesia tightened curbs on palm oil exports, adding to a growing list of key producing countries seeking to keep vital food supplies within their borders.
Kremlin tells United States to await response to “economic war”
The Kremlin accused the United States on Wednesday of declaring an economic war on Russia that was sowing mayhem through energy markets, and put Washington on notice it was considering its response to a ban on Russian oil and energy.
Russian distressed bonds could be scooped up, some touting deep discounts on loans
Beaten-down Russian assets are looking attractive to some, with JPMorgan strategists touting the bonds of Russian companies with significant international operations as the best way to profit from distressed pricing, while two banking sources said that loans of Russian corporates had been offered at a steep discount.