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4/19, 4:09 PM (Source: TeleTrader)
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Yellen blames Russia for global food insecurity

United States Treasury Secretary Janet Yellen insisted on Tuesday that the Russian offensive on Ukraine was behind the food insecurity that the world has faced in the past weeks.

"I want to be clear: Russia's actions are responsible for this," Yellen said, adding that the Biden administration is working to "help mitigate the effects of Russia's reckless war on the world's most vulnerable."

This challenge is adding to already high inflationary pressures and pushing at least 10 million people into poverty, Yellen concluded, urging countries worldwide to allow food exports and prevent further price hikes.

Baha Breaking News (BBN) / ND