Watch: The sunflower—normally seen as a symbol of hope and peace in Ukraine—has come to represent surging food-price inflation since Russia’s invasion began.
y Holliday explains why a global shortage of sunflower oil is sending prices of cooking oil to record highs. Photo: Alexander Ryumin/Zuma PressShelby Holliday goes in search of the little-known stories behind big business and news headlines, revealing the surprising ramifications for individuals.Russia’s invasion of Ukraine has prompted NATO members to upgrade their weapons, deploy more troops east and possibly even welcome more countries to the alliance.
Photo composite: Elizabeth SmelovThe Russian government has been adding orange and black stripes to the pro-war symbol Z. WSJ’s Shelby Holliday looks into the history of the stripes, and why the Kremlin is using the pattern to drum up domestic support for its invasion of Ukraine. Illustration: Sebastian Vega/WSJIn February, Russia’s President Vladimir Putin and China’s Xi Jinping declared that their friendship had no limits. Now, the war in Ukraine is testing that relationship.
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Oil prices rise on supply concerns as Ukraine crisis deepensOil prices rose on Monday as concerns grew about tighter global supply, with the deepening crisis in Ukraine raising the prospect of heavier sanctions by the West on top exporter Russia.
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How war in Ukraine turned Sri Lanka’s economic crisis into a calamitySri Lanka’s teetering finances were dealt another blow this year when war in Europe sent global fuel and food prices surging, turning the small country’s uphill economic struggle into something insurmountable.
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WTI pushes on towards $110, eyes recent highs near $116 amid heightened geopolitical/OPEC supply concernsOil prices put in a strong rally on Monday as concerns regarding an escalation of fighting in the Russo-Ukraine war and Libyan supply spurred bullish
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The Oil Market After The WarThe most important thing is that transients are temporary and many factors will revert to pre-crisis behavior at some point
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Inflation comes for the Big MacFast food menu prices are up 7.2% year-over-year — the biggest jump since 1981.
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