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Global food prices ease in 2023 from record highs in 2022

Global prices for food commodities like grain and vegetable oil ended last year about 10% below 2022 levels, when Russia's war in Ukraine, drought and other factors helped worsen hunger worldwide, the United Nations food agency said on Friday. The U.N. Food and Agriculture Organization (FAO) Food Price Index, which tracks monthly changes in the international prices of commonly traded food ...

UK inflation eases to over 2-year low to bolster BoE rate cut bets

In November, inflation in the United Kingdom eased to its lowest rate in more than two years, prompting investors to pile further into bets that the Bank of England (BoE) may start cutting interest rates sooner than expected. The annual rate of increase in the consumer prices index (CPI) dropped to 3.9% from 4.6% in October, pushed down partly by petrol prices, for its lowest reading since ...

The source said Zelensky’s office is offering

“We thought FIFA wanted to use its platform for the greater good,” the source said. However, talks between Ukraine and the sport’s governing body are still underway, the source added. CNN has reached out to FIFA for comment, but it did not immediately respond. The request, while unorthodox, is unsurprising. Kyiv has repeatedly tried to use major world events, regardless of ...

Ukraine reports Russian planes in Belarusian skies

A request by Ukrainian President Volodymyr Zelensky to share a message of world peace prior to kickoff at the World Cup final on Sunday has been rebuffed by FIFA, a source told CNN. The source said Zelensky’s office is offering to appear in a video link to fans in the stadium in Qatar, ahead of the game and was surprised by the negative response. It’s unclear if Zelensky’s ...