China wants to bring trade ties with the U.S. back to a healthy path
China’s commerce chief is urging the U.S. to act responsibly and avoid reigniting a tariff war, saying forced decoupling is unrealistic and trade ti...
Russian President Vladimir Putin has accused European countries of taking grain originally meant for impoverished nations under the 2022 Black Sea Grain Initiative.
Speaking at a Kremlin meeting Thursday, Putin responded to a fertilizer industry official’s remark that grain shipments were supposed to go to southern countries but “ended up going to Europe.”
Putin also criticized Europe’s refusal to use Russian fertilizers, warning it could reduce crop yields and raise fertilizer prices by up to 30%, citing U.S. experience as an example. Europe imports 17 million tons of fertilizers annually, including 5.5 million from Russia, and already faces some of the highest mineral fertilizer costs worldwide.
The Black Sea Grain Initiative, launched in 2022, aimed to ensure Ukrainian grain exports through Black Sea ports while allowing Russia to resume agricultural exports and fertilizer deliveries. Putin said Western countries violated the agreement, exporting most of Ukraine’s grain to Europe while blocking Russian products.
Due to these breaches, Russia withdrew from the initiative in July 2023.
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The UK and Germany have signed a landmark treaty that includes plans for a direct rail connection between London and Berlin, aimed at boosting travel and trade between the two countries.
A tenth resident has died following the deadly fire that tore through the Gabriel House assisted-living facility in Fall River, Massachusetts, officials confirmed Thursday.
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President Ersin Tatar of the Turkish Republic of Northern Cyprus said formal negotiations on the island’s future will not resume unless Turkish Cypriots’ sovereign equality and international status are recognised.
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