Economy
Without Ukraine, the world could start starvation – UN
The UN Secretary General said that the conflict in Ukraine could cause a “hurricane of hunger” around the world.
Maritime trade with Russia fell by 58%
Since Russia launched a full-scale war in Ukraine, global shipping from Russia has fallen by 58%.
Kernel acquired 40% of trader Avere Commodities SA
Agroholding Kernel acquired 40% of the Swiss grain trader Avere Commodities SA.
Freight rates have risen sharply in the Azov-Black Sea region
A sharp increase in the level of freight is recorded in the Azov-Black Sea region.
Ukraine will be able to restore full-fledged exports in 2 weeks
After the victory, Ukraine will be able to export the entire planned volume of agricultural products.
Solaris Commodities Suspends Trading Operations in Russia
The Swiss company Solaris Commodities, one of the largest exporters of Russian wheat, has stopped new trading operations in Russia.
To replace ports: new terminals will be built in western Ukraine
JSC “Ukrzaliznytsia” and the Ministry of Economy offer private traders to build terminals in the west of Ukraine.
Ukraine will reduce the area under crops because of the war
The sown area in Ukraine for sunflower may be reduced this year to the lowest level in 13 years.
Trafigura, Vitol and Glencore continue to buy Russian oil – The Times
International companies continue to trade in Russian oil, gas and fuel despite sanctions against Russia.
Cargill reduces activities in the Russian Federation, but will leave the main plants in operation
The large agricultural holding Cargill announced a reduction in activities in the Russian Federation and a halt in investment.
