News Feed

Bloomberg: Wheat prices soar after Russia exits grain deal

0 min read

Wheat futures surged after Russia exited the UN-backed Black Sea Grain Initiative to allow grain exports from Ukraine's Black Sea ports, Bloomberg reports. If price rises continue, the recent setback in supply caused by Russia pulling out of the deal could add to global food inflation and worsen hunger, Bloomberg wrote.

Avatar
The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

Read more
News Feed
Video

Ukraine is striking oil refineries deep inside Russia — but it’s not really the oil they’re after. The Kyiv Independent’s Dominic Culverwell explains how Ukraine’s drone campaign targets the high-tech equipment Russia cannot easily replace under sanctions.

 (Updated:  )

Polish Foreign Minister Radoslaw Sikorski’s visit came days after the largest Russian drone incursion into Polish airspace during a mass strike on Ukraine, in what Polish officials describe as a "deliberately targeted" strike and provocation.

When asked about the Ukraine-Russia talks, Kremlin spokesperson Dmitry Peskov replied that communication channels have been established and exist, but as of now, "it’s more accurate to say there is a pause" in dialogue.

Show More