A severe drought, followed by several episodes of frost, is expected to reduce Argentine wheat harvest by 40% from initial estimates to around 11/12 million tons, which is expected to have an impact on the Mercosur partner Brazil.
The North Atlantic Treaty Organization (NATO) was placed under alert early Wednesday after two missiles hit Przewodow, a town in eastern Poland near the Ukrainian border, killing two people. The incident also led most activities at the G20 Summit in Bali, Indonesia, to be canceled as world leaders needed to focus on this more urgent matter.
FIFA President Gianni Infantino, who is in Bali attending the G20 Summit, Tuesday called for a ceasefire between Russia and Ukraine and recalled that the former hosted the 2018 World Cup finals and the latter is vying to co-organize the 2030 event with Spain and Portugal.
UK Foreign Secretary, High Representative of the European Union, and US Secretary of State gave a statement on global food security and Russia sanctions. The statement follows on Russia's complaints that it saw no progress on easing its exports of fertilizers and grain – parts of the Black Sea grain deal that Moscow views as fundamental to extending the initiative beyond next week.
According to a piece published by the Daily Express and credited to their Defense Editor, Marco Giannangeli, British specialists managed to secure a vital pipeline for the South Atlantic, following an intelligence tip-off that it was being targeted by Russian saboteurs.
Argentine President Alberto Fernández said Friday during his appearance at the Fifth Paris Peace Forum that we have the ethical imperative not to remain silent regarding the war in Ukraine following Russia's military deployment in late February this year.
Russia has finally agreed to resume the agreement allowing safe passage of Ukrainian crop exports, abruptly reversing course after Turkey and the United Nations pushed ahead with the shipments over Moscow’s objections.
Tit for tat. Russia expanded its sanctions list on Sunday to all British Overseas Territories, including the Falkland Islands, accusing them of unfriendly actions against Moscow.
As had been anticipated, Russian Defense Ministry said that Moscow would suspend its implementation of a UN-brokered grain export deal if attacks continued on Sebastopol where the Russian Black Sea is headquartered.
Global energy emissions have been forecast to be peaking by 2025 as a result of a shift in investments following Russia's invasion of Ukraine, which pushed renewable sources to the forefront, according to the International Energy Agency (IEA)'s annual World Energy Outlook report released this week.