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Tag Archives Russia


Russia seeks more control over global food prices with BRICS grain exchange
News, Reuters

Russia’s proposed grain exchange for BRICS countries may take years to launch

By Gleb Bryanski, Olga Popova, Reuters October 24, 2024
Reading Time: 2 minutes Russia's proposal for a new international grain exchange could take years to get off the ground even though the plan was welcomed by members of the BRICS group of countries at a summit this week in Kazan in Russia.

BRICS leaders tout joint finance, trade projects at Russian summit
News, Reuters

BRICS leaders tout grain exchange, joint finance at Russian summit

By Gleb Bryanski, Reuters, Vladimir Soldatkin October 23, 2024
Reading Time: 2 minutes Leaders of the nations in the BRICS grouping, which accounts for 37 per cent of global economic output, predicted its influence would grow as they met in Russia on Tuesday, outlining common projects ranging from a grain exchange to a cross-border payments system.


Liberia-flagged bulker K Sukret, carrying grain under the Black Sea Grain Initiative, waits for inspection in the southern anchorage of Istanbul on May 17, 2023. (Photo: Reuters/Mehmet Emin Caliskan)
News, Reuters

Ukraine foreign minister calls for support to stop Russian strikes on its Black Sea ports

By Reuters October 22, 2024
Reading Time: < 1 minute Ukrainian Foreign Minister Andrii Sybiha said on Monday he and Turkish President Tayyip Erdogan had discussed safe navigation for shipping in the Black Sea.

Russia seeks more control over global food prices with BRICS grain exchange
Markets, Reuters

Russia seeks more control over global food prices with BRICS grain exchange

By Gleb Bryanski, Reuters October 18, 2024
Reading Time: 2 minutes Russia is proposing BRICS countries set up a grain exchange that would give Moscow greater control over international prices for its agricultural exports, ahead of a group summit that will be attended by leaders of top global grain producers and buyers.


File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)
Markets, Reuters

Russia’s Kursk region declares emergency due to winter grain crop failure

By Reuters October 17, 2024
Reading Time: < 1 minute Russia's Kursk region has introduced emergency measures due to a drought which killed winter grain crops, the local government said on Thursday.

World wheat inventories have fallen from record highs five years ago, U.S. data shows, as poor weather hurt output and Russia’s 2022 invasion of Ukraine temporarily spiked grain prices. Photo: Greg Berg
News

Harsh weather curbs global wheat output, buoys prices

By Naveen Thukral, Reuters, Tom Polansek October 10, 2024
Reading Time: 3 minutes World wheat inventories have fallen from record highs five years ago, U.S. data shows, as poor weather hurt output and Russia's 2022 invasion of Ukraine temporarily spiked grain prices.


File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)
Markets, News, Reuters

Russia says grain harvest hit by Ukraine war, bad weather

By Gleb Bryanski, Reuters October 7, 2024
Reading Time: 2 minutes Russia's grain harvest will be hit by the impact of Ukraine's attacks on grain-producing regions close to the border and by bad weather in many other regions.

Photo: Joel Carillet/iStock/Getty Images
News, Reuters

Ukraine farm sector indirect losses may reach $83B due to Russian invasion, analysts say

By Pavel Polityuk, Reuters October 3, 2024
Reading Time: < 1 minute Indirect losses in Ukraine's key agricultural sector caused by the Russian invasion could reach $83 billion by the end of 2025, mainly due to falling harvests, the Kyiv School of Economics (KSE) said on Thursday.


Emergency units carry out rescue work after a new Russian attack in the Odesa region, Ukraine on October 2, 2024. Russia bombed border and port infrastructure in the Izmail district. Two people were injured in the attack, the State Emergency Service of Ukraine reported. Photo: Handout / Latin America News Agency via Reuters Connect
News, Reuters

Russian drones attack port infrastructure, power substations in Ukraine

By Reuters October 2, 2024
Reading Time: < 1 minute Russian drones overnight attacked port infrastructure in Ukraine's southern Odesa region, damaging a grain facility and buildings at a border crossing to Romania, as well as cutting power to thousands in the northern Sumy region, officials said.

File Photo: Willowpix/iStock/Getty Images
News, Reuters

Altai becomes fifth Russian region to declare emergency due to crop problems

By Reuters September 20, 2024
Reading Time: < 1 minute Altai on Friday became the fifth Russian region to declare a state of emergency this month due to crop problems caused by extreme weather, saying too much rain had waterlogged the soil.


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