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Severe Famine in Somalia

Somalia, a country ravaged by the long-lasting civil war, is once again on the verge of famine because of the war in Ukraine and “the worst drought for four decades” which has gripped the country since October 2020

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Humanitarian Crises in the Russia-Ukraine War

On April 8, a video circulating on social media appeared to show that Ukraine soldiers shot the captured Russian troops after maltreatment, near the village of Dmytrivka west of Kyiv, which was then independently verified by the New York Times.

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High Oil Prices and the U.S. Economy

The geopolitical risk caused by the Russia-Ukraine conflict has led to an upward trend in international oil prices. New York NYMEX crude oil and London Brent crude oil prices raised

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The Rise in International Oil Prices

In response to the tide of globalization, maritime industry booms owing to the demands for larger volumes of cargoes and routes to distant destinations.