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Tag Archives global markets — page 3

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)

Russia could be ready for Black Sea grain deal talks, but no evidence yet: US

U.S. Ambassador to the U.N. said Russia has to return to Black Sea deal to market fertilizer, make agriculture transactions

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United Nations | Reuters – The United States has been told that Russia is prepared to return to talks on a deal that had allowed the safe Black Sea export of Ukraine grain, but “we haven’t seen any evidence of that yet,” the U.S. envoy to the United Nations said on Tuesday. Russia quit the […] Read more
(File photo: Reuters/Yoruk Isik)

Ukraine says Russia threatened civilian vessels in second week without grain deal

Ukraine has harvested 11.2 million tons of its 2023 grain crop

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Kyiv | Reuters – A senior Ukrainian official accused Russia on Friday of threatening civilian vessels in the Black Sea, and urged the international community to condemn what he said were “the methods of terrorists”. Russia last week quit a U.N.-brokered deal allowing Ukraine, a major global grain producer, to safely export its grain via […] 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)
Markets

Russia attacks Ukraine’s vital Danube grain export route

Ukrainian foreign minister calls for global response to 'food terrorism'

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Kyiv | Reuters – Russia destroyed Ukrainian grain warehouses on the Danube River in a drone attack on Monday, targeting a vital export route for Kyiv in an expanding air campaign that Moscow began last week after pulling out of the Black Sea grain deal. Last week’s attacks mostly struck the sea ports of Odesa […] Read more
File photo of a Chinese cornfield. (Baona/iStock/Getty Images)

Rain in China’s northeast brings relief for corn, drought risk remains

An oversupply of hogs, weak demand are pressuring pork prices

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Beijing | Reuters – Recent rainfall in China’s northeastern breadbasket has relieved drought across most of the region, an agriculture ministry official said Friday, but risks remain with the El Nino weather pattern potentially bringing more extreme weather this summer. China is the world’s second-biggest corn producer and about 40 per cent of its crop […] 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"

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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
(Barry Wilmore photo courtesy NASA)
Crops, Markets

Global markets: U.S. jobless claims rise

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CNS Canada — The following is a glance at the news moving markets globally. EGYPT EXPECTED TO IMPORT A WIDER VARIETY OF FOOD — Despite currency issues that have put a damper on imports and created difficulty for small and medium sized businesses in the country, Egypt has said it will be importing a wider […] Read more
Markets

Global Markets: Canadian economy grows for third month

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By Commodity News Service Canada WINNIPEG, October 30 – The following is a glance at the news moving markets globally. CANADIAN ECONOMY GROWS FOR THIRD MONTH IN A ROW Canada’s economy grew 0.1 per cent in August, for the third consecutive month, Statistics Canada said in a report on Friday. In June the economy rose […] Read more
Markets

Global Markets: US GDP hits the brakes

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WINNIPEG, October 29 – The following is a glance at the news moving markets globally. US GDP GROWTH SLOWED IN THIRD-QUARTER Economic growth in the US halted sharply in the third-quarter, according to data released by the country’s Commerce Department. Gross domestic product increased at a 1.5 per cent annual rate, compared with 3.9 per […] Read more
(Barry Wilmore photo courtesy NASA)
Markets

Global Markets: US Fed decision to be announced

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By Commodity News Service Canada WINNIPEG, October 28 – The following is a glance at the news moving markets globally. ALBERTA GOVERNMENT HOPES SPENDING WILL STIMULATE ECONOMY Alberta Finance Minister Joe Ceci said Tuesday that the NDP government will be using spending stimulus to boost the economy. The province faces a record C$6.1 billion deficit. […] Read more
(Barry Wilmore photo courtesy NASA)
Crops, Markets

Global markets: U.S. Federal Reserve to meet this week

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CNS Canada –– The following is a glance at the news moving markets globally. U.S. FEDERAL RESERVE TO MEET, MAKE POLICY ANNOUNCEMENT — Members of the U.S. Federal Reserve are starting their meeting on Tuesday, and are expected to conclude on Wednesday. Markets fell ahead of the meeting as investors were uncertain about the outcome […] Read more

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