Tag: Ukraine conflict

• Saturday, August 6th 2022 - 11:08 UTC

  Insurance for vessels leaving Ukrainian ports loaded with grains skyrockets

  

  London’s insurance industry is gearing up to cover Ukrainian grain and fertilizer shipments via a safe corridor, which could require up to US$50 million per insured cargo, industry sources said this week.

• Friday, July 29th 2022 - 19:02 UTC

  Brazilian steel exports to the EU soar 830% in five months because of the Ukraine war

  

  Brazilian steel industry sales have ballooned since the start of the war in Ukraine sparked by the Russian invasion of its territory, which began in February. According to Steel Institute data, shipments of the metal raw material to the European Union increased by more than 830% in the first five months of this year, y-to-y, coinciding with the period of warfare in Eastern Europe.

• Wednesday, July 27th 2022 - 09:45 UTC

  “Brazil needs fertilizers to help feed the world, we can't condemn Russia” admits Bolsonaro

  

  Brazilian president Jair Bolsonaro reiterated his opposition to economic sanctions against Russia and described the Brazilian government's position in the Ukrainian conflict as one of “equilibrium” since Brazil needs a steady supply of Russian fertilizers for its powerful agribusiness sector.

• Tuesday, July 26th 2022 - 08:05 UTC

  Foreign Secretary Liz Truss: “not a word of Russia's Putin can be trusted”

  

  British Foreign Secretary Liz Truss said the hit on the Black Sea port of Odessa was “completely unwarranted”, adding that “not a word” Russian President Vladimir Putin says can be trusted.

• Monday, July 25th 2022 - 09:55 UTC

  The First Sea Lord warns: “We are focusing solely on the Russian bear risks missing the tiger in the room”

  

  In a wide-ranging 25-minute keynote address to the Council on Geostrategy at The Naval and Military Club in London, the First Sea Lord, Admiral Sir Ben Key, outlined the lessons of events in eastern Europe and their impact on the Navy and the nation it serves, emphasizing the ever-growing importance of maritime power as means to promote peace, security, and prosperity.

• Monday, July 25th 2022 - 09:38 UTC

  Russia launches attack on Ukrainian port of Odessa despite truce

  

  Just one day after signing a truce with Ukraine to allow for the export of grains through three Black Sea ports, Russia launched an attack on Odessa to destroy a ship and a shed containing U.S. missiles, the Kremlin argued.

• Friday, July 22nd 2022 - 07:11 UTC

  Ukraine, Russia agree on safe corridor for wheat exports

  

  Russian authorities and dignitaries from the Kyiv government are to sign Friday the first deal since the beginning of the war in February. Brokered by Türkiye, the belligerent states will agree in Istanbul on safe corridors through the Black Sea for the export of Ukrainian wheat from its own ports.

• Friday, July 15th 2022 - 03:03 UTC

  Bolsonaro hints solution to Ukraine war resembles that of 1982 in the South Atlantic

  

  Brazilian President Jair Bolsonaro Thursday said he had “the solution” to the armed conflict between Russia and Ukraine and vowed to discuss it with Ukrainian leader Volodymyr Zelensky.

• Thursday, July 14th 2022 - 09:56 UTC

  Falkland Islands’ donation to Ukrainian people reaches £42 thousand

  

  The Falkland Islands Government (FIG) confirmed that a total of £42,038.10 was raised and passed to charity, United Kingdom. The charity will use the donation to help UNHCR (United Nations High Commissioner for Refugees) teams deliver life-saving aid to people forced to flee their homes in Ukraine.

• Thursday, July 14th 2022 - 09:10 UTC

  Ukraine war: Euro cheaper than the US dollar for the first time in two decades

  

  As Ukraine war continues and fears that Russia could further restrict Europe's supplies of gas, increasing the chances of a recession in the Eurozone, the European common currency has fallen below the dollar for the first time in nearly 20 years.