Global: Shell and Russian crude oil
Five days after Shell announced it is ending all joint ventures with the Russian energy company Gazprom, on 6 March it admitted having bought Russian crude oil at a discounted price. It said there was no alternative crude supplies which would reach Europe in time. On March 8th Shell said, ‘We are acutely aware that our decision last week to purchase a cargo of Russian crude oil to be refined into products like petrol and diesel - despite being made with security of supplies at the forefront of our thinking - was not the right one and we are sorry.’ The business says it will immediately stop all spot purchases of Russian crude oil and will shut its service stations, aviation fuel and lubricants operations in Russia. It says its withdrawal from other associations with Russia will be done ‘in a phased manner, aligned with new government guidance’. They said Russian oil profits will be used to help Ukrainians. See
Global: women and girls
8 March was International Women’s Day. Genesis 1:27 says God created both men and women in His image, yet women disproportionately suffer injustice. Operation World statistics report, ‘Women account for two thirds of the world’s poorest citizens. Nearly two thirds of illiterate people are women, and this proportion has stayed the same for two decades. Globally, women are paid less than men. A cultural preference for male babies has led to 30 million or more deaths of unborn or baby girls, mostly in India and China. This fuels the growth of trafficking of women as brides or sex slaves.’ In 1945 the UN Charter was the first international agreement to affirm the principle of equality between women and men. The UN celebrated its first official International Women's Day during International Women’s Year in 1975. Nearly fifty years later, women still don’t fully participate in political, cultural and economic arenas in many nations and cultures. Globally, this still needs to be addressed.
Africa: Pfizer to supply anti-Covid pills
The war in Ukraine has taken a lot of attention away from Covid, which is unfortunate because the pandemic has now killed almost six million people. There are countries where vaccination rates are still very low; this includes most African countries, where people should not be complacent as the virus still poses a grave risk. Africa’s top public health agency has signed a memorandum of understanding with Pfizer to bring supplies of the pharmaceutical firm’s Paxlovid antiviral pills to the continent. Also Moderna will build its first facility in Rwanda to sell, package, and distribute Johnson & Johnson Covid-19 vaccines.
Venezuela: USA meets Maduro
With fears that the war in Ukraine could push global energy prices even higher, Washington recently met Venezuelan president Nicolás Maduro to discuss conditions for repealing the crippling US sanctions in place against his country. Washington, which broke off relations in 2019 over Maduro’s rigged elections and crackdowns on opposition protests, is reportedly demanding free and fair presidential elections and extensive reforms to the Venezuelan oil sector. Maduro, for his part, wants an end to the sanctions and to be readmitted to the SWIFT global financial platform. Venezuela is a close ally and partner of Russia. Some members of Congress have criticised any effort to rekindle relations, saying that efforts to isolate Putin should not boost other authoritarian leaders. Aside from the political whiplash of resuming oil trade, Venezuela’s oil fields have long suffered from mismanagement. Some industry analysts say it could be slow to increase supply. See
