Insights and Stories of Sarah McFarlane

Dec. 17, 2014 at 5:10 pm CST

Moscow | Reuters — Russia, one of the world’s main wheat exporters, is taking steps to restrict grain exports in an attempt to cool domestic prices, as it tackles a financial crisis linked to plunging oil prices and Western sanctions. In a meeting with grain exporters on Wednesday, Deputy Prime […]

By Polina Devitt, Sarah McFarlane

Oct. 1, 2014 at 5:30 pm CDT

London/Moscow | Reuters — Russian wheat has made a surprise early exit from key global export markets, despite the country’s near-record crop, after domestic prices rose in the fallout from the Ukraine crisis. With a bumper crop and the rouble close to historic lows, Russia could reasonably be expected to […]

By Polina Devitt, Sarah McFarlane

Mar. 21, 2014 at 2:02 pm CDT

Geneva | Reuters — The crisis in Ukraine is hurting its small grain traders as they struggle to get financing from local banks, forcing them to seek loans from bigger, mostly international trade houses, traders said. Growing tensions in East-West relations over Russia’s moves to annex the Black Sea Crimea […]

By Sarah McFarlane

Jul. 11, 2013 at 5:32 pm CDT

Egypt’s interim rulers welcomed on Thursday remarks from the U.S. State Department describing the rule of toppled leader Mohamed Mursi as undemocratic, read in Cairo as a signal that Washington will not cut off its US$1.5 billion in annual aid. In a stark illustration of the desperate state of Egypt’s […]

By Sarah McFarlane, yasmine-saleh

Jul. 4, 2013 at 7:04 pm CDT

Egypt’s first deal on the international wheat market after a long absence is expected to complete even after the army ousted the country’s first democratically elected president earlier this week, traders said on Thursday. Egypt’s armed forces overthrew Islamist President Mohamed Mursi on Wednesday, after the armed forces chief General […]

By Sarah McFarlane