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Added on the 26/07/2022 11:22:48 - Copyright : France 24 EN
US Secretary of State Antony Blinken, holds a press conference during which he warns that the developing world "will pay the price" if Russia does not extend its grain deal. IMAGES
President Joe Biden will unveil a proposed budget on Thursday that would reduce the national deficit by $3 trillion over the next decade, White House Press Secretary Karine Jean-Pierre tells reporters. SOUNDBITE
Israeli Prime Minister Yair Lapid signs a maritime border deal with Lebanon, after his government formally approved the US-brokered agreement. IMAGES
Images of the observation point of Rosh Hanikra, at the Israel-Lebanon border, as Israeli and Lebanese delegations are due to sign a maritime border deal. IMAGES
European Central Bank President Christine Lagarde warns that the eurozone could fall into recession next year in the case of a total shutdown of Russian gas supplies. The "downside scenario" for 2023 foresees negative growth in the case of a "total shutdown of all Russian gas supply" and energy rationing in the eurozone, she said, after the ECB unleashed a record rate hike. SOUNDBITE
President of the European Commission Ursula von der Leyen warns that "Russia is blackmailing" EU member states and "using energy as a weapon." Russian President Vladimir Putin has played hot and cold in recent days with his threats to cut off gas deliveries to the bloc of 27 members, but Brussels is asking EU countries to prepare for the worst. SOUNDBITE