Skip to main content

Zelenskiy calls Russian attack on Odesa port 'barbaric' hours after grain deal

Ukrainian president Volodymyr Zelensky accused Russia of "barbarism" after rockets hit Odesa, endangering a deal to reopen grain exports from Black Sea ports and ease global food shortages.

Zelenskiy calls Russian attack on Odesa port 'barbaric' hours after grain deal

Russia struck Odesa with cruise missiles just 12 hours after signing an agreement with Kyiv to enable monitored grain exports from Ukraine's southern ports.

Zelensky termed the incident "barbaric," proving Moscow couldn't be trusted to follow the pact.

During a meeting with US congressmen, he remarked, "This proves just one thing: no matter what Russia says and pledges, it will find ways not to do it."

Eyewitness footage from the port area shows one of the missiles bursting near the beachfront and a parked ship.

The UN, EU, US, UK, Germany, and Italy condemned the Odessa attacks.

Antony Blinken, the US secretary of state, said the attack casts doubt on Russia's adherence to yesterday's pact.

"Russia must halt its actions for aggravating the world food crisis," he continued.

Liz Truss, the British foreign secretary, called the "appalling" attack hours after the accord was signed "totally unnecessary" and proof that Vladimir Putin cannot be trusted.

Russia has "nothing to do" with the strikes, according to Turkey's military minister. Neither the Russian defense ministry nor the military's evening summary mentioned Odesa. The ministry declined to respond to Reuters.

.net/YwotbKdP4sVunJGfdhmgww/e8f260a6-84bf-4222-a093-e1ef14e44c00/

UN officials anticipate the accord will be effective in a few weeks. Ukraine's southern military command told Suspilne the grain storage location wasn't touched.

"Unfortunately, wounded. Maksym Marchenko, Odesa's governor, stated the port's infrastructure was destroyed.

Oleksandr Kubrakov, minister of infrastructure, wrote on Facebook that "we continue technical preparations for exports from our ports."

Russia and Ukraine are major wheat producers, and the fighting has boosted food costs. According to the World Food Programme, 47 million people have "acute hunger."

Friday's pact promises to avert starvation in poorer nations by putting more wheat, sunflower oil, fertilizer, and other supplies on world markets, partly at reduced costs.

Comments

Popular posts from this blog

Sandbox adds FaZe Clan as a member Sandbox adds FaZe Clan as a member

With a new partnership with the leading Web3 company The Sandbox, eSports, lifestyle, and media company FaZe Holdings Inc (NASDAQ: FAZE) is heading to the metaverse. The decentralized metaverse business The Sandbox, which is part of Animoca Brands, has announced a partnership with the North American gaming and esports organization FaZe Clan. Through this agreement, FaZe Clan will set up a virtual territory called FaZe World and enter the metaverse. In the release, it says that FaZe and Sandbox will work together to create new ways to make money and to host events and other experiences in FaZe World. "Faze Clan into metaverse" is a joint project between: The FaZe Clan will make FaZe World, a 12-by-12-foot virtual plot in the Sandbox metaverse. "Part virtual real estate and part amusement park," say the two companies, is how they describe the world. To back up this idea, they plan to build digital infrastructure. In FaZe World, FaZe and Sandbox will host virtual event

Asian currency bears retreat as the outlook for inflation improves.

  According to a fortnightly poll of 12 analysts, short positions on all emerging Asian currencies fell, with bets on China's yuan at their lowest since late April. Short positions in the Philippine peso, Singapore dollar, and Indonesian rupiah all hit multi-month lows. An unchanged July inflation print in the United States, the first notable sign of relief after years of rising prices, also helped boost sentiment in the region. Short bets on the Thai baht fell to their lowest level since early June after the Bank of Thailand (BoT) raised its interest rate by 25 basis points on Wednesday, resuming its tightening cycle after trailing regional peers. Thailand, whose economy is heavily reliant on tourism, has begun to show signs of a gradual economic recovery as tourists return, allowing the BoT to adjust its monetary policy. Analysts widely anticipate that the BoT will maintain gradual policy normalisation throughout the rest of the year. The baht, one of the least shorted currencies

Soft demand lowers China's producer prices and consumer inflation.

China's factory-gate prices fell for a second month in November, but consumer inflation slowed, reflecting poor activity and tepid demand in a pandemic-slowed economy. Analysts anticipate the government to maintain rates low and create confidence. According to Friday's National Bureau of Statistics (NBS) data, the producer price index (PPI) was down 1.3% from a year earlier. Reuters had predicted a 1.4% drop. The November CPI grew 1.6% from a year earlier, slower than October's 2.1% annual growth but in line with a Reuters survey. "These figures show economic momentum (continues) to decline," said Pinpoint Asset Management's Zhiwei Zhang. In 2023, the government will focus on stabilizing growth, boosting domestic demand, and opening up to the globe, according to a Politburo meeting on Tuesday. Zhang said the government would take further steps to boost the economy despite easing pandemic controls last week. "The Politburo highlighted low confidence as an