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)

Putin to meet Erdogan amid push to revive grain deal

Turkey, UN seek to revive grain deal; Russia discussing separate plan

Moscow | Reuters — Russian President Vladimir Putin will hold talks with Turkey’s Tayyip Erdogan on Monday in the Black Sea resort of Sochi as Ankara and the United Nations seek to revive a Ukraine grain export deal that helped ease a global food crisis. Russia quit the deal in July — a year after […] Read more


Vessels are seen as they await inspection under the Black Sea Grain Initiative, brokered by the UN and Turkey, in the southern anchorage of the Bosphorus at Istanbul on Dec. 11, 2022. (File photo: Reuters/Yoruk Isik)

Black Sea grain deal expires after Russia quits

United Nations says the move would "strike a blow to people in need everywhere"

United Nations/Moscow | Reuters – A deal allowing the safe Black Sea export of Ukraine’s grain for the past year expired on Monday after Russia quit and warned it could not guarantee the safety of ships in a move the United Nations said would “strike a blow to people in need everywhere.” Moscow suggested that […] Read more

A vessel is seen arriving at Odesa in southern Ukraine under the Black Sea Grain Initiative on April 12, 2023. (Photo: Yulii Zozulia/Nurphoto via Reuters Connect)

Russia says Black Sea grain deal may be nearly over

Ukraine and UN to blame for backlog of ships, Russia alleges

Moscow | Reuters — Russia on Thursday said there would be no extension of the U.N.-brokered Black Sea grain deal beyond May 18 unless the West removed a series of obstacles to the export of Russian grain and fertilizer. The Ukraine grain Black Sea export deal was brokered by the United Nations and Turkey in […] Read more

Commercial vessels  –including vessels which are part of the Black Sea grain deal — wait to pass the Bosphorus strait off the shores of Yenikapi during a misty morning in Istanbul, Turkey on Oct. 31, 2022. (Photo: Reuters/Umit Bektas)

Outlook for Black Sea grain deal ‘not so great,’ Kremlin says

Grain deal due to expire next month; Russia wants financial, insurance obstacles removed

Moscow | Reuters — The Kremlin on Wednesday said the outlook for the landmark U.N.-brokered Black Sea grain deal was not great as promises to remove obstacles to Russian exports of agricultural and fertilizer exports had not been fulfilled. The grain deal is an attempt to ease a food crisis that predated the Russian invasion […] Read more


Cargo ships are docked in Ukraine’s Black Sea port of Odesa on Nov. 4, 2016. (File photo: Reuters/Valentyn Ogirenko)

Kremlin says Putin ready to facilitate grain exports via Ukraine ports

Russia says will work with Turkey

London | Reuters — President Vladimir Putin said Monday that Russia was ready to facilitate the unhindered export of grain from Ukrainian ports in co-ordination with Turkey, according to a Kremlin readout of talks with Turkish President Tayyip Erdogan. Besides the death and devastation sown by Russia’s invasion of Ukraine, the war and the West’s […] Read more

An information label is seen on packaging for a CO2 cylinder for a fizzy drinks machine in Manchester, Britain on Sept. 20, 2021. (Photo: Reuters)/Phil Noble)

Britain tells its food industry to prepare for CO2 price shock

U.K. pays fertilizer maker CF Industries to reopen plants

London | Reuters — Britain warned its food producers on Wednesday to prepare for a 400 per cent rise in carbon dioxide prices after extending emergency state support to avert a shortage of poultry and meat triggered by soaring costs of wholesale natural gas. Natural gas prices have spiked this year as economies reopened from […] Read more



The old-vintages cellar at Chateau Haut-Brion. Collectors of fine wines such as Haut-Brion could have earned annualized real returns of 4.1 per cent on their investment between 1900 and 2012, a study shows. (DomainClarenceDillon.com)

Red wine a winning investment in 20th century

London | Reuters — Forget government bonds, fine art and even stamps: red wine outperformed them all over the 20th century. At least that’s what research by a team of academics from the University of Cambridge, HEC Paris and Vanderbilt University of Nashville shows. The Warren Buffetts of the fine wine world could have earned […] Read more