Alarm grows as China’s mineral curbs disrupt global industry
Global tensions are rising as China’s curbs on critical mineral exports threaten to derail supply chains for automakers, defense firms, and tech giants around the world.
The Food and Agriculture Organization of the United Nations (FAO) has warned that, without immediate and sustained support, thousands of rural households in Ukraine may be unable to plant or harvest on schedule—threatening both national food security and rural livelihoods.
FAO calls on donors and partners to redouble their support to Ukraine’s farming families, as their role in national food security, local economies and long-term recovery is indispensable.
There is an urgent need for assistance to help Ukrainian farmers facing restricted access to their land due to landmines, along with insufficient funds to buy necessary agricultural supplies.
According to FAO, rural households in Ukraine – many of them elderly- or female-headed – continue to depend on agriculture for their survival. They are growing vegetables, tending to a single cow or a handful of chickens, and cultivating small plots of land – often under shelling, without reliable electricity, and with limited access to markets and supplies. What used to be a routine part of their work is now life-threatening in some regions, the organizaition said in its statement.
“With the war still affecting millions, rural frontline communities remain among the most vulnerable and the least supported. These families want to be able to provide for themselves. They want to stay on their land. And emergency agricultural support is such an effective means of enabling them to do that,” said Rein Paulsen, Director of Emergencies and Resilience at FAO, during his recent visit to Zaporizka oblast, Ukraine.
Urgent support is needed to help them safely access their fields and obtain essential production resources like seeds, fertilizers, storage and energy solutions.
According to the Fourth Rapid Damage and Needs Assessment, conducted by the government of Ukraine, the World Bank, the EU and the UN, Ukraine’s agriculture sector has suffered $83.9 billion in damages and losses, with an additional $1.6 billion in the irrigation sector. Rural households and small-scale farmers bear a significant share of this impact and have been forced to adapt – facing land contamination, labour shortages, rising input costs and power outages. Thousands of families still lack basic tools, inputs and services needed to sustain their production and protect their livelihoods.
On May 28, the inauguration ceremony of Lachin International Airport was held.
Taxi drivers across France are protesting government plans to cut payments for driving patients to medical appointments. These cuts are part of a broader effort by Prime Minister François Bayrou to save €40 billion in the 2026 budget and reduce the country’s large deficit.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
In a major blow to one of President Donald Trump’s key economic policies, a US federal court has blocked the administration’s sweeping global tariff regime, ruling that the White House overstepped its constitutional authority.
Switzerland has emerged as a key destination for Azerbaijani non-oil goods, with imports tripling in the first four months of 2025.
Hungary's MOL Group and SOCAR have signed key terms for an exploration, development, and production sharing agreement for a new onshore area covering the Shamakhi-Gobustan regions of Azerbaijan.
bp, SOCAR and TPAO today signed several agreements enabling TPAO to join the production sharing agreement (PSA) for the Shafag-Asiman offshore block in the Azerbaijan sector of the Caspian Sea.
In May 2025, Türkiye’s annual inflation rate declined to 35.41%, down from 37.86% in April and falling short of the market forecast of 36.1%. This represents the lowest rate recorded since November 2021, as price increases slowed across almost all categories.
A new European Union law coming into effect on June 20 mandates smartphone makers to provide five years of software updates, energy labels, and improved repairability—setting new standards that may reshape the global smartphone industry.
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