Economic

Despite his warning that any agreement on allowing shipments of goods, such as cereals, was still far from being reached, United Nations Secretary-General Antonio Guterres expected progress on the food crisis.

Amid the lockdown in Shanghai against the backdrop of the coronavirus outbreak; The Japanese automaker Subaru announced that it would suspend the operation of three of its factories in the Japanese province of Gunma.

On the sidelines of the World Economic Forum "Davos 2022," Egyptian Minister of Petroleum and Mineral Resources Tariq al-Mulla confirmed that energy security is the most important challenge facing the world at present

After EU leaders agreed to impose a partial ban on Russian oil imports to their countries in the context of the sixth package of sanctions on Russia, and the Russian-Ukrainian war and sanctions imposed by the West on Moscow, inflation in the eurozone's largest economies reached a nearly 50-year high in May.

The European Union, the United States and the United Kingdom have expanded their sanctions lists that include those close to the Kremlin who have become isolated from the international financial system since the start of Russia's attack on Ukraine on 24 February.

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