Tag: ukraine

Huge quantities of grain cannot get out of Ukraine
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Huge quantities of grain cannot get out of Ukraine

Nearly 20 million tonnes of grain are waiting to be exported from Ukraine. Russian naval forces and mines stand in the way.

World Bank fears stagflation and cuts global growth forecast

The World Bank cut its global growth forecast for 2022 by almost a third to 2.9% and added fears of stagflation.

Ukraine’s central bank raises interest rates to record levels

Ukraine's central bank today raised its benchmark interest rate from ten to 25%, the highest in seven years.
Britain wants to help Ukraine with grain exports
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Britain wants to help Ukraine with grain exports

Britain is looking for ways to help Ukraine with its grain exports, which cannot leave the country by the usual shipping route.
Oslo Freedom Forum – Day 1.
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Oslo Freedom Forum – Day 1.

What happened during the first day of the Oslo Freedom Forum?

The World Bank will try to help with solving the food crisis

The World Bank has announced that it will provide $30 billion to help address the food crisis threatened by Russia's war in Ukraine.
EU wants to ban Russian oil imports by the end of the year
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EU wants to ban Russian oil imports by the end of the year

The EU proposes to ban all oil imports from Russia by the end of this year. However, some countries are opposed and demand at least more time.
Oil gains fifth month in a row despite China´s Covid surge
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Oil gains fifth month in a row despite China´s Covid surge

Crude oil gains fifth month in a row. Yet, uncertainties like Covid surge in China and war in Ukraine cause volatility 17,5% this month.
Ukraine tightens cryptocurrency purchases
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Ukraine tightens cryptocurrency purchases

NBU shows us that while they will accept cryptocurrencies as a form of aid, they will not allow people full freedom to buy them.

Food prices are rising to record levels

World food prices hit another record in March. Their index rose by 12.7 percent compared to February. The harvest will be smaller.
Better times are dawning for Wheat and Corn
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Better times are dawning for Wheat and Corn

Wheat and corn futures contracts fell from the maximum as Russia indicated it may ease its attack in parts of Ukraine.
Tough times for farmers
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Tough times for farmers

Corn and wheat futures prices skyrocketed so much that many members of the complex grain handling chain get worried. Farmers in fear.