Overseas Headlines – April 27, 2022

United States:

U.S. Homebuilders Urge Biden to Help Cut Costs for Market in ‘Extreme Duress’

“The biggest U.S. housing industry group urged President Joe Biden to help reduce the cost of homebuilding, saying soaring prices and rising mortgage rates are putting the market “under extreme duress” and driving ownership out of reach for many Americans.”




Ukraine Latest: EU Warns on Ruble Payments as Firms Mull Options

“Russia said it stopped natural gas flows to Poland and Bulgaria, making good on a threat to cut off buyers if they refuse Russian President Vladimir Putin’s demand to pay in rubles.”




Indonesia Adds to Global Food Shock With Widened Palm Export Ban

“Indonesia the world’s biggest edible oils shipper, will widen an export ban to include crude palm oil, adding to uncertainty in a market that’s suffered dizzying price swings and threatening to worsen global food inflation.”





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