Ukrainian Foreign Minister Dmitro Kuleba accused Russia to put at risk food safety by suspending the Black Sea agreement and assured that his country is looking for solutions to be able to continue exporting grain to international markets. “In the coming hours and days there will be very intensive consultations at all levels to find […]
Tag: Russia
Russia puts world food security at risk by refusing to renew agreement
When Russia invaded Ukraine in February 2022, it blocked Ukraine’s Black Sea ports, but an agreement with Turkey and the United Nations (UN) in July allowed grain shipments to continue to flow. A year later, the Russians have set certain conditions to renew this deal. Authorities from Ukraine, which is one of the largest exporters […]
Grain price rises due to “escalation risk” in Ukraine
No ship dares to anchor in Ukrainian Black Sea ports to load grain after Russia failed to guarantee a safe corridor and bombed export facilities, causing a sharp increase in agricultural prices on European markets. Two days after Russia refused to redirect the agreement on agricultural exports from Ukrainewhich allowed the output of about 33 […]
IMF pessimistic about Russia’s withdrawal from agreement on Ukrainian cereals
He International Monetary Fund (IMF) said on Wednesday that Russia’s exit from the agreement that allowed Ukrainian exports through the Black Sea worsens prospects for global food security and threatens to exacerbate food inflation, especially in low-income countries. An IMF spokesman said the global lender would continue to closely monitor ongoing events in the region […]
Putin, threatened with arrest, will not attend the summit of Brics countries in South Africa
the russian president Vladimir Putinthe target of an international arrest warrant, will not attend the summit of the BRICS countries in South Africa in August, the South African presidency said on Wednesday, ending months of speculation. Putin’s possible visit had become a controversial issue for South Africa, as the Russian president is the subject of […]
Kremlin will seek Putin’s re-election with more than 80% of the vote in 2024
He Kremlin seeks the re-election of the Russian president, Vladimir Putinwith more than 80% of the votes in the elections to be held in March 2024, as reported today by the digital newspaper Meduza, citing official sources. “The objective that they have set for us is simple, to achieve more than 80% of the votes […]
Western powers and Russia clash at the UN after the end of the Black Sea agreement
Western powers and Russia staged this Monday a new clash in the Security Council of the UNthis time after Moscow’s decision to put an end to the Black Sea agreement that facilitated the exports of cereal ukrainian. The Kremlin’s movement focused attention on a meeting in New York attended by numerous foreign ministers, including the […]
Danone studies legal options after Russia confiscated its local business
The French dairy group danone is reviewing its legal options after the Russian state took control of its subsidiary in the country, a source close to the matter told Reuters on Monday. The source reported that danone he would write a letter to the Kremlin and was in contact with the French authorities, including the […]
Insurers review coverage of Black Sea vessels after Russia withdraws from deal
Insurers are looking into the possibility of freezing coverage for ships wishing to sail to Ukraine after Russia on Monday abandoned a UN-backed deal that allows the export of grain through a safe corridor in the Black Sea, according to industry sources. The agreement, negotiated by Türkiye last July, it sought to alleviate the global […]
Why does the end of the Black Sea Grain Corridor deal matter?
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He agreement allowing Ukraine exporting grain through the Black Sea will expire on Monday, after Moscow announced it would suspend its participation. Because it is important? Ukraine is a major producer of grains and oilseeds, and the disruption of its exports at the outbreak of the war sent world food prices soaring to all-time highs. […]