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Hunger fears mount over Ukraine grain blockade

Published

3 years ago

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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.

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Trump secures $243B+ in Qatar deals

Trump secures $243.5B deal with Qatar, signaling a potential $1.2T pledge to boost U.S. manufacturing, including a record $96B Boeing order.

Published

14 hours ago

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May 15, 2025

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Trump secures $243.5B deal with Qatar, signaling a potential $1.2T pledge to boost U.S. manufacturing, including a record $96B Boeing order.


President Donald Trump has struck over $243.5 billion in agreements with Qatar, setting the stage for a possible $1.2 trillion economic pledge.

The landmark package is aimed at boosting American manufacturing and innovation, with Trump hailing it as a milestone for U.S.–Gulf relations.

Qatar Airways has signed a record-breaking $96 billion Boeing deal, marking the largest widebody jet order in history.

For ongoing updates on global business and diplomacy, head to https://www.youtube.com/@weareticker

#TrumpQatarDeal #Boeing #Raytheon #USDeals #MiddleEastBusiness #QatarAirways #TickerNews #TrumpNews #ManufacturingBoom #USPolitics

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Trump strikes $243 billion in Qatar deals to reshape the Middle East

Trump secures $243 billion in Qatar deals with record aircraft orders and drone defense agreements, signaling a major shift in Middle East relations.

Published

16 hours ago

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May 15, 2025

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Trump secures $243 billion in Qatar deals with record aircraft orders and drone defense agreements, signaling a major shift in Middle East relations.


Trump strikes $243 billion in Qatar deals including record aircraft order. A historic windfall featuring groundbreaking drone defence agreements and aviation milestones — Trump’s Middle East pivot is making waves.

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#Trump #Qatar #MiddleEastDeals #USPolitics #AircraftOrder #DefenseDeals #TickerNews #GlobalTrade

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ASX wobbles as Australia jobs data looms over RBA

“With ASX 200 momentum fading, analysts await today’s jobs data to see if it influences the RBA outlook.”

Published

16 hours ago

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May 15, 2025

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“With ASX 200 momentum fading, analysts await today’s jobs data to see if it influences the RBA outlook.”


With ASX 200 momentum fading, will today’s jobs data shift the RBA outlook? Analysts are watching closely.

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#ASX200 #AustraliaJobs #RBA #MarketNews #AussieEconomy #LabourMarket #TickerNews #Finance

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