BEIRUT—The first grain ship to leave a Ukrainian port under a deal brokered last month will not arrive in Lebanon on Sunday as planned, the Ukrainian embassy in Lebanon said. The Razoni left Odesa on the Black Sea on Aug. 1 carrying 26,527 tons of corn and was set to dock on Sunday in the…
First Ukraine Ship Under Grain Deal Will Not Dock in Lebanon on Time: Embassy
3 More Ships With Grain Depart Ukraine Ports Under UN Deal
August 6, 2022
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Three more ships carrying thousands of tons of corn left Ukrainian ports Friday and traveled mined waters toward inspection of their delayed cargo, a sign that an international deal to export grain held up since Russia invaded Ukraine was slowly progressing. Two of the three ships anchored north of Istanbul on Saturday are awaiting inspection,…
Russia Bans Western Investors From Selling Banking, Key Energy Stakes
August 6, 2022
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MOSCOW—Russia has banned investors from so-called unfriendly countries from selling shares in key energy projects and banks until the end of the year, stepping up pressure in the sanctions stand-off with the West. Western countries and allies, including Japan, have piled financial restrictions on Russia since it sent troops into Ukraine in late February. Moscow…
Mélanie Joly Proposes National Security Study on Safety of Kyiv Embassy’s Local Staff
Foreign Affairs Minister Mélanie Joly is proposing the National Security and Intelligence Committee of Parliamentarians study allegations that Canada did not heed warnings about the safety of its Ukraine embassy’s locally engaged staff ahead of the Russian invasion. Joly raised the possibility of the study while appearing at the House of Commons foreign affairs committee…
UK Gas Prices Rose by 31 Percent in Last Week of July
August 4, 2022
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Gas prices in the UK shot up nearly a third in the last week of July to reach the highest average cost since mid-March, according to newly released official data. The gas price increased by 31 percent in the week to July 31, the Office for National Statistics (ONS) said on Thursday. Also on Thursday,…
Ukraine Under Pressure in East as NATO Chief Says Russia Must Not Win
KYIV—Ukraine said on Thursday it had been forced to cede some territory in the east of the country in the face of a Russian offensive, and the head of the NATO military alliance said Moscow must not be allowed to win the war. Ukrainian President Volodymyr Zelenskyy this week described the pressure his armed forces…
Inspectors OK First Ukraine Grain Ship but No Sign yet of More
August 4, 2022
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Business & MarketseconomyEuropefood shortagesInternationalLebanonRussia-Ukraine WarRussian troopsUkraineWorld
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ISTANBUL—The first grain ship to leave Ukraine and cross the Black Sea under a wartime deal passed inspection Wednesday in Istanbul and headed on to Lebanon. Ukraine said 17 other vessels were “loaded and waiting permission to leave,” but there was no word yet on when they could depart. A joint civilian inspection team spent…
Canada Sanctions Russian Military Officers for Attacks Against Civilians
The Canadian government is imposing sanctions on dozens of Russian military officers whose troops are accused of committing atrocities against Ukrainian civilians. Foreign Affairs Minister Mélanie Joly announced the new sanctions against 47 Russians this morning, as Russia’s invasion of Ukraine continues nearly six months after it began. Canada is also adding 17 Russian companies…
Euro Area to Get Back Half What It’s Spending on War Fallout: ECB
August 2, 2022
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Business & MarketsCompaniescrisisECBeconomic policieseconomyenergyEuropeeurozoneGold and CommoditiesgrowthinflationMarketsrecessionRussiaRussia-Ukraine WarUkraineWorld
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FRANKFURT—Eurozone countries are spending more than they will get back to cushion the economic hit from the Ukraine war via fuel subsidies and other support measures, the European Central Bank said on Tuesday, telling governments to use their cash more efficiently. The 19 countries that share the euro approved support measures worth 0.9 percent of…
US Accuses Russia of Using Ukraine Power Plant as ‘Nuclear Shield’
U.S. Secretary of State Antony Blinken on Monday called Russia’s actions around Ukraine’s largest nuclear power plant “the height of irresponsibility,” accusing Moscow of using it as a “nuclear shield” in attacks on Ukrainian forces. Russia in March was accused of firing shells dangerously close to the Zaporizhzhia nuclear power plant as its forces took…
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