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Cathay cargo halt to hit Hong Kong prices

  Bloomberg Hong Kong consumers will face higher prices for fresh produce, daily necessities and electrical goods over the coming weeks as a result of Cathay Pacific Airways Ltd.’s long-haul cargo flight halt, the South China Morning Post reported on Saturday. Consumers will experience food and product shortages in the next two to three weeks, especially seafood and vegetables, the ...

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Kim Jong-un places food crisis above nuclear talks in 2022

  Bloomberg Kim Jong un urged North Korea to focus on easing food shortages and containing Covid, in a downbeat New Year’s policy assessment that suggested nuclear talks with the US were a low priority for the coming months. Kim laid out his 2022 agenda in remarks to ruling party cadres that were published by state media and appeared to ...

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Joe Biden reasserts warning as Putin signals satisfaction with call

Bloomberg President Joe Biden repeated his warning to Moscow to de-escalate the month-long standoff over Ukraine, a day after he and Vladimir Putin discussed the issue during a call the Russian leader expressed his satisfaction with. “I made it clear to President Putin that if he makes any more moves, goes into Ukraine, we will have severe sanctions,” Biden told ...

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