Russia and Ukraine signed separate agreements on July 22 with Turkey and the United Nations clearing the way for exporting millions of tons of desperately needed Ukrainian grain — as well as Russian grain and fertilizer — ending a wartime standoff that had threatened food security around the globe. The …
Read More »Brazilian president rejects sanctions against Russia to guarantee fertilizer imports
Sao Paulo, Brazil | Xinhua | Brazilian President Jair Bolsonaro reiterated Monday his opposition to economic sanctions against Russia, in order to retain the supply of Russian fertilizer imports to Brazilian agribusiness. “We are not going to adhere to sanctions (against Russia). We maintain a balanced position because without Brazil’s balance …
Read More »Ukraine plans to start grain exports via seaports this week
Kiev, Ukraine | Xinhua | Ukraine is preparing to start grain exports via the Black Sea ports this week under the grain deal signed last week in Türkiye, Ukrainian officials said on Monday. Speaking at a media briefing aired on the Ukrainian Infrastructure Ministry’s Facebook page, Infrastructure Minister Oleksandr Kubrakov …
Read More »Implementing Russia-Ukraine grain export deal needs to overcome sanctions, trust issues
Russia and Ukraine separately signed a deal in Istanbul Friday with Türkiye and the United Nations to resume grain shipments from Ukrainian ports to international markets via the Black Sea Moscow, Russia | Xinhua | Russia and Ukraine separately signed a deal in Istanbul on Friday with Türkiye and the United …
Read More »Russia denies attacks on Ukrainian port after grain deal
Ankara, Turkey | XINHUA | Russian officials has told Ankara that Russia had “nothing to do” with the attacks on Ukraine’s key Black Sea port of Odessa, Turkish Defense Minister Hulusi Akar said on Saturday. “In our contact with Russia, the Russians told us that they had absolutely nothing to …
Read More »Deal to resume grain exports signed in Istanbul
Instanbul, Turkey | Xinhua | Russia and Ukraine separately signed a deal in Istanbul Friday with Türkiye and the United Nations to resume grain shipments from Ukrainian ports to international markets via the Black Sea. The deal was first signed by Russian Defense Minister Sergei Shoigu with his Turkish counterpart Hulusi …
Read More »Russia’s oil output up 3.4 pct in first half of 2022
Moscow, Russia | Xinhua | Russia’s oil production increased by 3.4 percent year on year in the first six months of 2022, Russian Energy Minister Nikolai Shulginov said on Thursday. At a meeting with Russian President Vladimir Putin, Shulginov said the country’s oil production in the first half of 2022 rose …
Read More »EU imposes more sanctions on Russia
Brussels, Belgium | Xinhua | The European Union on Thursday imposed more sanctions on Russia over its conflict with Ukraine, including a ban on gold imports and the tightening of export controls on high-technology goods. The “reinforced, prolonged EU sanctions against the Kremlin send a strong signal to Moscow: we will …
Read More »Are the BRICS breaking up?
There appears to be an identity crisis over attempts to turn it into a platform for Chinese and Russian interests COMMENT | SHASHI THAROOR | The recent virtual BRICS summit, which brought together the heads of state and government of Brazil, Russia, India, China, and South Africa, was interesting as …
Read More »Iran says to gradually eliminate dollar in trade with Russia
Tehran, Iran | Xinhua | Iran’s chief banker said the U.S. dollar will be gradually eliminated from Iranian-Russian economic transactions, the official news agency IRNA reported on Thursday. The trade volume between Iran and Russia stood at 4 billion U.S. dollars, which can be conducted through the Iranian currency rial and …
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