Insights and Stories on Black Sea

Sep. 8, 2023 at 7:19 pm CDT

Reuters — A Russian Agricultural Bank subsidiary in Luxembourg could immediately apply to SWIFT to “effectively enable access” for the bank to the international payments system within 30 days, the United Nations told Russia in a letter, seen by Reuters on Friday. “SWIFT has confirmed that RSHB Capital S.A. would […]

By Michelle Nichols

Sep. 7, 2023 at 3:27 pm CDT

Reuters — The United Nations is “actively engaged” in trying to improve Russia’s grain and fertilizer exports in a bid to convince Moscow to again allow the safe Black Sea export of Ukraine grain, Secretary-General Antonio Guterres said Thursday. “We believe that it’s necessary to create a system of mutual […]

By Michelle Nichols

Sep. 4, 2023 at 5:55 pm CDT

Moscow | Reuters — Turkish President Tayyip Erdogan said after talks with Russia’s Vladimir Putin on Monday that it would soon be possible to revive the grain deal that the United Nations says helped to ease a food crisis by getting Ukrainian grain to market. Russia quit the deal in […]

By Reuters

Sep. 1, 2023 at 7:22 pm CDT

Moscow | Reuters — Russian President Vladimir Putin will hold talks with Turkey’s Tayyip Erdogan on Monday in the Black Sea resort of Sochi as Ankara and the United Nations seek to revive a Ukraine grain export deal that helped ease a global food crisis. Russia quit the deal in […]

By Guy Faulconbridge

Sep. 1, 2023 at 7:02 pm CDT

Chicago | Reuters — U.S. wheat prices reversed earlier gains to close lower on Friday, as markets weighed tight global stocks against the prospect of hefty Russian wheat production and efforts to renew a Black Sea grain deal. Chicago soybeans and corn also climbed after month-end positioning pushed futures lower […]

By Christopher Walljasper