Russia halts wartime deal that allows Ukraine to ship grain in a hit to global food security
1 year, 5 months ago

Russia halts wartime deal that allows Ukraine to ship grain in a hit to global food security

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Russia said Monday it has halted an unprecedented wartime deal that allows grain to flow from Ukraine to countries in Africa, the Middle East and Asia where hunger is a growing threat and high food prices have pushed more people into poverty. “The Black Sea deal is absolutely critical for the food security of a number of countries,” and its loss would compound the problems for those facing high debt levels and climate fallout, said Simon Evenett, professor of international trade and economic development at the University of St. Gallen in Switzerland. He noted that rising interest rates meant to target inflation as well as weakening currencies “are making it harder for many developing countries to finance purchases in dollars on the global markets.” While analysts don't expect more than a temporary bump to food commodity prices because places like Russia and Brazil have ratcheted up wheat and corn exports, food insecurity is growing. The Black Sea Grain Initiative has allowed three Ukrainian ports to export 32.9 million metric tons of grain and other food to the world, more than half of that to developing nations, according to the Joint Coordination Center in Istanbul.

History of this topic

What is the legality of Russia's attacks on neutral civilian ships carrying grain exports out of Ukraine?
2 months, 4 weeks ago
Ukraine seizes cargo ship carrying ‘looted’ grain for Russia
5 months, 4 weeks ago
The EU will impose tariffs on Russian grain, fearing Moscow will use exports as a weapon of war
9 months, 2 weeks ago
EU plans to impose tariffs on grain imports from Russia, Belarus
9 months, 2 weeks ago
Dutch agriculture exporting more to Russia than before Ukraine war
9 months, 2 weeks ago
Cargo Ship Picking Up Ukrainian Grain Hits a Russian Floating Mine in the Black Sea, Officials Say
1 year ago
Ukraine has a new way to get its grain to the world despite Russia’s threat in the Black Sea
1 year, 1 month ago
Ukraine is shipping more grain through the Black Sea despite Russian threats
1 year, 1 month ago
A deal to expedite grain exports has been reached between Ukraine, Poland and Lithuania
1 year, 3 months ago
A deal to expedite grain exports has been reached between Ukraine, Poland and Lithuania
1 year, 3 months ago
Ukraine reaches deal with Poland and Lithuania to expedite grain exports as war grinds on
1 year, 3 months ago
Grain spat drags Ukraine's ties with ally Poland to lowest point since start of Russian invasion
1 year, 3 months ago
Grain spat drags Ukraine’s ties with ally Poland to lowest point since start of Russian invasion
1 year, 3 months ago
'Trust Russia as much as West': Turkish President Erdogan days after meeting with Putin over Black Sea deal
1 year, 3 months ago
Farmers across Bulgaria protest against Ukrainian grain as EU divide grows
1 year, 3 months ago
Any grain initiative that isolates Russia is bound to fail: Türkiye President
1 year, 3 months ago
Turkey's Erdogan says Black Sea grain deal can be revived soon
1 year, 4 months ago
Putin says he won’t renew the grain deal until the West meets his demands. The West says it has
1 year, 4 months ago
Russia attacks Ukraine grain port ahead of Putin-Erdogan talks
1 year, 4 months ago
Russia won’t renew grain deal until demands met, Putin tells Erdogan
1 year, 4 months ago
Russia attacks Ukrainian port before Putin’s grain deal talks with Turkish president
1 year, 4 months ago
UN chief sends Russia new proposals to revive Black Sea grain deal but Moscow isn't satisfied
1 year, 4 months ago
As the Black Sea becomes a battleground, one Ukrainian farmer doesn’t know how he’ll sell his grain
1 year, 4 months ago
As the Black Sea becomes a battleground, one Ukrainian farmer doesn’t know how he'll sell his grain
1 year, 4 months ago
Russian missile attacks leave few options for Ukrainian farmers looking to export grain
1 year, 5 months ago
Russian missile attacks leave few options for Ukrainian farmers looking to export grain
1 year, 5 months ago
Putin promises no-cost Russian grain shipments to 6 African countries
1 year, 5 months ago
Putin breaks silence on grain deal suspension says none of Russia’s conditions were ever fulfilled
1 year, 5 months ago
EU agriculture officials work on ways to move Ukrainian grain to the world
1 year, 5 months ago
UK warns Russia may begin targeting civilian ships in Black Sea
1 year, 5 months ago
'Black Sea grain deal is now impossible': Russia's staunch reply despite mounting pressure from world leaders
1 year, 5 months ago
Russia says 'impossible' to return to deal allowing Black Sea export of Ukrainian grain until Russian interests are honoured
1 year, 5 months ago
UN chief urges Russia to revive grain deal with Ukraine, warning ‘the most vulnerable’ will suffer
1 year, 5 months ago
UN chief urges Russia to revive grain deal with Ukraine, warning ‘the most vulnerable’ will suffer
1 year, 5 months ago
Ukraine wants ships to keep exporting its grain despite Russian attacks. Some are interested
1 year, 5 months ago
Ukraine wants ships to keep exporting its grain despite Russian attacks. Some are interested
1 year, 5 months ago
Russia comes under pressure at UN to avoid global food crisis and revive Ukrainian grain shipments
1 year, 5 months ago
Russia’s exit from grain deal puts focus on Asia’s food prices
1 year, 5 months ago
By pulling out of Ukrainian grain deal, Russia risks alienating its few allies
1 year, 5 months ago
Russia attacks farm storage facilities in Ukraine after days of bombarding port
1 year, 5 months ago
Ukraine and Pakistan call for restoring the Black Sea grain deal after talks in Islamabad
1 year, 5 months ago
Wheat prices spike after Russia bombs Odesa grain port in Ukraine, threatens to attack ships
1 year, 5 months ago
Russia strikes Ukraine's Black Sea port after ending grain shipments' sea corridor deal
1 year, 5 months ago
What Russia's Withdrawal From Black Sea Grain Deal Means Globally
1 year, 5 months ago
After ending deal, Russia warns against Black Sea grain shipments
1 year, 5 months ago
Black Sea grain deal eased global food prices — now it's off and analysts are warning of a price 'roller-coaster'
1 year, 5 months ago
Russia pulls out of Ukraine grain deal, UN says 'a blow to needy everywhere'
1 year, 5 months ago
Ukraine’s Zelenskky says Russia blackmails world with food access
1 year, 5 months ago
Russia exits UN-brokered deal for export of Ukrainian grain -
1 year, 5 months ago
Russia halts wartime deal that allows Ukraine to ship grain in a hit to global food security
1 year, 5 months ago

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