Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Hunger fears mount over Ukraine grain blockade

Published

on

Ukraine’s grain mills are struggling to get back into full swing after suffering war damage, and that spells trouble for domestic consumers, and the global market.

Russian forces may have pulled back from Chernihiv in northern Ukraine, but the damage left behind is still there to see.

The local Mlibor granary reopened in April after Moscow withdrew from the area.

While it meets the country’s demand for corn, production is limited after Russian forces damaged the site through shelling.

Granary CEO Serhii Yarosh says the flour mill is completely out of order.

“The buildings are damaged, the workshops are damaged and the mill. Now we should be milling the flour which our country needs very much.”

Russia’s invasion – which it calls a ‘special military operation’ – has also led to a blockade of Ukrainian Black Sea ports.

That’s bad news for global food supplies as Ukraine is one of the world’s top producers of grain.

Pierre Vauthier is from the United Nations’ Food and Agricultural Organisation.

“Odesa has to be reopened and we need to have an agreement to have it reopened. This diplomatic solution has to be discussed. There are people who can solve the situation and we need to have an agreement. As our secretary general has reminded us.”

Vauthier warned even if a diplomatic solution is reached on reopening the ports, it would still take several months to establish safe export routes.

The Kremlin has rejected claims that Russia has blocked grain exports from Ukraine, saying western sanctions are to blame.

On Thursday (May 26), a senior Turkish official said Ankara was in negotiations with Moscow and Kyiv to open a corridor via Turkey for grain exports from Ukraine.

News

Liberal and Nationals reunite after political split

Australia’s major parties restore Coalition unity after three weeks, with Nationals frontbenchers rejoining shadow cabinet and ministers pledging commitment.

Published

on

Australia’s major parties restore Coalition unity after three weeks, with Nationals frontbenchers rejoining shadow cabinet and ministers pledging commitment.

Australia’s Liberal and National parties have agreed to restore their historic Coalition partnership after a three-week split, marking their second reconciliation in under a year. The deal ensures stability ahead of upcoming political challenges.

Under the agreement, Nationals frontbenchers will return to the shadow cabinet by March 1. This move signals a return to unified leadership as both parties aim to present a stronger front in parliament.

As part of the compromise, three senators who broke party solidarity during a recent vote face a six-week suspension. All shadow ministers will also sign an agreement to uphold cabinet unity and prevent future splits.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

News

Starmer aide resigns after Mandelson appointment questioned over Epstein links

Morgan McSweeney resigned amid scrutiny of Peter Mandelson’s US ambassadorship; Keir Starmer claims he was misled about Epstein ties.

Published

on

Morgan McSweeney resigned amid scrutiny of Peter Mandelson’s US ambassadorship; Keir Starmer claims he was misled about Epstein ties.

U.K. Prime Minister Keir Starmer’s chief of staff, Morgan McSweeney, has resigned amid scrutiny over Peter Mandelson’s appointment as U.K. ambassador to the U.S. McSweeney accepted responsibility for the controversial decision, calling stepping aside the honourable choice.

Lawmakers raised questions about Mandelson’s ties to Jeffrey Epstein. The Epstein files indicate Mandelson maintained contact with Epstein even after his 2008 conviction, intensifying the controversy surrounding his diplomatic appointment.

Starmer confirmed that Mandelson misled him about the extent of their friendship and pledged to release documents confirming the details. The resignation signals a significant shake-up in Starmer’s team and ongoing political fallout.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

News

Japan election delivers commanding win for ruling LDP

Japan’s ruling party expected to strengthen majority in Lower House election despite heavy snowfall, says local forecasts.

Published

on

Japan’s ruling party expected to strengthen majority in Lower House election despite heavy snowfall, says local forecasts.

Japan’s ruling Liberal Democratic Party is projected to tighten its grip on power following a decisive Lower House election, according to local media forecasts. Early projections suggest the LDP will secure between 274 and 328 seats in the 465-seat chamber, significantly strengthening its parliamentary position.

Together with coalition partner the Japan Innovation Party, the governing bloc is expected to cross the 300-seat mark, with some estimates putting the total as high as 366 seats. Voter turnout remained resilient despite heavy snow across parts of the country, as citizens braved severe weather to cast their ballots.

The election was called by Prime Minister Sanae Takaichi in January, a move widely viewed as a strategic gamble to capitalise on her strong public approval ratings. The result appears to reinforce her mandate and consolidate political stability in Japan’s national leadership.


Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

Trending Now