[Ticker] UN expects more ships to get Ukrainian grain out

Ambitions to ship between 2m and 5m tonnes of grain out of Ukraine each month via a safe corridor for international shipping were “achievable”, the UN has said. “We’re expecting to see a big uptick in applications for transit,” from shipping firms, senior UN official Frederick Kenney said in Istanbul Wednesday, Reuters reports. Some 12 […]

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[Ticker] Greece to end bailout-era oversight

Greece will be more free to spend its own money and borrow on markets after exiting an “enhanced surveillance framework” on 20 August imposed by international creditors in 2018 after three bailouts worth €260bn. “A difficult chapter for our country comes to a close,” Greek finance minister Christos Staikouras said. “Greece returns to a European […]

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[Ticker] Russian helicopter flies into Estonia’s airspace

Estonia summoned Russia’s ambassador in Tallinn Wednesday to complain about violation of its airspace by a Russian helicopter Tuesday. “Estonia considers this an extremely serious and regrettable incident that is completely unacceptable,” its foreign ministry said. It made a similar complaint in June, amid mounting Russian assertiveness in the Baltic region, which has also put […]

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[Ticker] Kaliningrad says EU freight quotas too small

A dispute between Lithuania and Russia over freight-rail transit to the Russian exclave of Kaliningrad risks flaring up again, after the Kaliningrad governor said EU-agreed quotas of some 500,000 tonnes/year of goods allowed to be moved despite Russia sanctions had already been reached. “We’ve already exhausted the limits set by Europeans for the transportation of […]

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[Ticker] Turkey resumes gas exploration near Cyprus flashpoint

Turkey has resumed gas exploration in the Eastern Mediterranean, in an area criss-crossed by competing Cypriot and Turkish-Cypriot territorial claims. But its drillship, the Abdullhamid Han, which sailed Tuesday, will stay in Turkish-only waters, Turkish president Recep Tayyip Erdoğan said. “The survey and drilling work we are conducting in the Mediterranean are within our sovereign […]

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