An accord to resume shipments of Ukraine’s grain through the BlackSea is expected to be signed on Friday after months of disruptions raised prices and prompted warnings of a global food crisis. Moneyweb Exports Ukraine
An accord to resume shipments of Ukraine’s grain through the Black Sea is expected to be signed on Friday after months of disruptions raised prices and prompted warnings of a global food crisis. Wheat prices slipped after Turkey announced Thursday that it had brokered a deal. The United Nations secretary-general is traveling to Istanbul for the signing. The US welcomed the agreement but expressed skepticism the Kremlin would abide by its terms after blocking Ukraine’s grain exports for months.
Focus is turning to next week, with Putin warning shipments could decline to 20% of capacity if a turbine that’s stuck in transit isn’t received in time to replace another that needs maintenance. Kremlin-Backed RT Turns to Africa RT, the Kremlin-backed TV network formerly called Russia Today, is setting up its first Africa bureau as President Vladimir Putin seeks to entrench support in a continent that’s largely refrained from criticizing his invasion of Ukraine.
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