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US Treasury: Russia’s war in Ukraine impacting energy, food prices globally

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“We are not the only country experiencing inflation. You can see that in virtually every developed country worldwide,” U.S. Treasury Secretary Janet Yellen said on June 7. The UN Food and Agriculture agency earlier said that the war is pushing global food prices to a “new all-time high.”

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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 (Updated:  )Company news

The Kyiv Independent’s separate analytical unit, KI Insights, is excited to announce the launch of its podcast, Ukraine Insights — a show dedicated to unpacking Ukraine’s politics, security, economy, and international relations through in-depth, expert-driven conversations.

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Ukraine is facing its biggest wartime corruption scandal. The Kyiv Independent’s Dominic Culverwell explains how Energoatom — Ukraine's nuclear energy operator — became a breeding ground for corruption during the war, how a $100 million kickback scheme in the nuclear energy sector reached the highest levels of power, and what this crisis means for President Volodymyr Zelensky and the country.

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