Extended Ukrainian grain deal offers temporary relief to food crisis
A deal allowing food exports from Ukrainian ports that is key to easing the food crisis has been extended despite Moscow’s threats to opt out.
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A deal allowing food exports from Ukrainian ports that is key to easing the food crisis has been extended despite Moscow’s threats to opt out.
UN and Turkey-led negotiations to unblock Ukrainian grain exports are gaining momentum. But the impact of a deal on the food crisis could take months.
Commodity trading has been hit hard by the war in Ukraine. An interview with Florence Schurch of the industry's umbrella organisation.
About 80 % of Russian oil and gas is traded through Switzerland.
Although the country closely adopted the EU’s sanctions on banking and trade, commodities trading has been allowed to continue.