Week 17 of 2022 – YPF Around the Globe (English)

Timeframe: April 23 to April 29, 2022

To read Bangla, click here.

1. Politics

Biden asks Congress for $33 billion in aid to Ukraine as war enters new phase

President Joe Biden on Thursday asked Congress for a $33 billion supplemental funding bill aimed at supporting Ukraine over the next several months as Russia’s brutal and unrelenting war enters a new phase.

Source: CNN

Sri Lanka trade unions strike asking president to resign

The general strike was held as thousands of people continue to protest opposite the president’s office in capital Colombo for the 20th consecutive day, asking him and his elder brother, Prime Minister Mahinda Rajapaksa, to step down.

Source: Al Jazeera

2. Economics & Business

Indonesia widens export ban to include crude palm oil

The ban will be expanded to crude palm oil, RBD palm oil and used cooking oil, Coordinating Minister for Economic Affairs Airlangga Hartarto said at a briefing Wednesday. A day earlier, he said the halt would only apply to palm olein. The policy will start on April 28 and last until domestic cooking oil prices ease.

Source: Al Jazeera

Russia halts gas exports to Poland and Bulgaria

Russian monopoly firm Gazprom stopped exporting gas to Poland and Bulgaria as the countries stated that they would not pay for supplies in roubles. Russians wanted to be paid in roubles to boost the currency as it has taken a hit due to sanctions. Hence, Russians stopped exporting to Poland and Bulgaria when denied the opportunity.

Source: BBC

Elon Musk to buy Twitter for $44B and take it private

Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the social media platform where he — the world’s richest person — promotes his interests, attacks critics and opines on a wide range of issues to more than 83 million followers.

Source: AP News

3. Environment

Climate change and farming driving insect decline

According to UK researchers, climate change and intensive agriculture have declined insect growth. This loss of insect population can be detrimental to the natural environment and food security as we will lose vital pollinators.

Source: BBC


Disclaimer: The information provided here is obtained solely from the aforementioned third parties. Youth Policy Forum (YPF) is not responsible for any misinformation or misrepresentation.

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