Russia ends Ukraine grain deal. Russia has pulled out of a deal to allow millions of tonnes of grain to leave Ukrainian ports and onto global markets. The price of grain shot up more than 7 percent after the news, and experts say it could lead to catastrophic consequences for poorer nations, many already facing acute food shortages. A lot of traders and analysts were not expecting Moscow to pull out before the deadline.
This post is for Market Movers Digest members only.
Subscribe below to get access to this post.