Saturday, July 2, 2022

Russia Now Demands Rubles For Grain As World's Largest Wheat Exporter

"Russia has pulled the trigger on expanding the list of commodities for which it demands
payment in rubles to now include grain exports, effective Friday per a government legal website.
So now grain, sunflower oil and extracted meal are the next to follow the March decision to charge clients from "unfriendly" countries - including major customers in Europe - in rubles for natural gas instead of the normative dollars and euros.
On top of this move, recently Agriculture Dmitry Patrushev announced that Russia's agricultural products will go to "friendly countries" only, and according to "who needs it most" - a hugely significant statement sure to continue sowing uncertainty and chaos for the global food supply." ZH

 

Ukraine separatists encircle Lysychansk

"Ukrainian separatists backed by Russia say they have “completely” encircled the key city of Lysychansk in the eastern Luhansk region." AlJazeera