Tag: Raw materials
Egypt under threat of wheat shortage caused by war in Ukraine
The war in Ukraine is a major concern for the Egyptian government. It is, in fact, one of the biggest if not the biggest importer of wheat in the world.…
Chinese nickel tycoon Xiang Guangda loses billions as price rises
Commodity prices have exploded since the war in Ukraine. This is the case of nickel, which has reached peaks: more than 100,000 dollars per ton. On Tuesday, the London Metal…
Inflation hits record highs in the eurozone
Since November, inflation has reached a new historic peak every month in the euro zone and February was no exception to the trend. Prices rose by 5.8% over one year,…
thousands of people at risk in Lubumbashi due to CDM mining activities
In the Democratic Republic of Congo (DRC), approximately 30,000 people living in three districts of the city of Lubumbashi are affected by the mining activities of the Congo Dongfang Mining…
the war in Ukraine will affect Africa too
The concern concerns, among other things, wheat. However, Africa imports two thirds of the wheat it consumes from Russia and Ukraine, respectively 3rd and 8th world producers. And now that…
With the Ukrainian crisis, raw materials are on the rise
The world markets no longer knew on which foot to dance after the decision of the Russian president to recognize the independence of the Ukrainian separatist territories. Oil, metals, wheat…
Major gas-producing countries meet in Qatar amid Ukraine crisis
A summit of the main gas producing countries is being held from this Sunday in Doha. The forum brings together 11 member states, but does not include Australia or the…
The European Commission is about to levy a fine on Poland’s funds
Brussels is moving up a gear in the legal standoff between it and the Polish government. The European Commission has announced that it will directly withhold the sums owed by…
Serbia backs out of lithium mining project under pressure from environmentalists
The Serbian authorities have given up on a project to exploit a lithium mine which was to be carried out by the company Rio Tinto, Prime Minister Ana Brnabic announced…
The merger of Daewoo and Hyundai shipyards blocked by the European Union
After more than two years of in-depth investigation, the European Commission opposed the marriage of the two South Korean giants for fear that this union would increase the cost of…