ERIKA JOHNSON
Ukraine war imperils wheat, but farmers are in no rush to...
The Ukraine-Russia conflict threatens wheat exports, with farmers cautiously considering planting adjustments. Global food supply chains face disruption as these countries traditionally supply a third of global wheat and barley exports, critical for millions relying on subsidized bread and affordable staples.
New rules for companies on climate risks proposed by SEC.
The SEC has proposed mandatory climate risk reporting for public companies, requiring detailed disclosure of emissions, transition plans, and potential financial impacts from severe weather events.
Zelenskyy evokes Holocaust as he appeals to Israel for aid.
Ukrainian President Volodymyr Zelenskyy delivered a passionate speech to Israeli lawmakers, invoking Holocaust imagery while calling on Israel to take a stronger stance against Russia. He questioned why Israel hasn't imposed sanctions or provided weapons, emphasizing the need for clearer support from a potential diplomatic mediator.
High energy costs trigger unrest in parts of Europe.
High energy costs are triggering widespread unrest across Europe. Spain has deployed over 23,000 police to manage protests, while farmers in France and Greece block highways. Russia's war in Ukraine has exacerbated the situation, driving record inflation and making fuel and essential supplies significantly more expensive.
High energy costs trigger unrest in parts of Europe.
Amid Russia's war in Ukraine, European countries face mounting energy costs, triggering widespread protests. Spain deployed over 23,000 police to manage trucker strikes, while French and Greek farmers block highways, highlighting the economic strain of high fuel prices and inflation.
UK regulator revokes license of Russia-backed broadcaster RT.
Britain's communications regulator Ofcom has revoked RT's broadcasting license following 29 investigations into the channel's impartiality. The decision stems from concerns about RT's coverage of the Ukraine invasion, its Russian state funding, and previous violations of broadcasting standards.
UK regulator revokes license of Russia-backed broadcaster RT.
Britain's communications regulator Ofcom has revoked RT's broadcasting license following 29 investigations into the network's coverage of the Ukraine invasion. The decision stems from concerns about impartiality, previous violations, and RT's Russian state funding. Ofcom determined that RT's parent company is not "fit and proper" to maintain a UK broadcast license.
Intel unveils $88B chipmaking expansion plan for Europe.
Intel CEO Pat Gelsinger announced an ambitious $88 billion investment plan to expand semiconductor manufacturing across Europe, targeting Germany, Ireland, France, and Italy. The decade-long strategy seeks to address global chip supply challenges and meet growing demand for advanced semiconductor technologies.
Asian shares rise ahead of Fed decision on rate hike.
Asian stock markets rose moderately on Wednesday as investors await the Federal Reserve's anticipated interest rate increase. Japan's Nikkei 225 jumped 1.7%, while Hong Kong's Hang Seng rose 2.1%. The Fed is expected to raise rates by 0.25 percentage points, marking the first increase since 2018 and potentially signaling a series of future hikes to combat high inflation.
White House: Biden will travel to Europe for Ukraine talks.
President Joe Biden will visit Europe next week to meet with NATO and European leaders, focusing on discussing the ongoing Russian invasion of Ukraine, assessing the current conflict status, and coordinating international sanctions and humanitarian efforts.