Analysis: Food export bans, from India to Argentina, risk fueling inflation

MUMBAI / BUENOS AIRES / LONDON, June 27 (Reuters) – It only took 24 hours for the last month of Prime Minister Narendra Modi’s government in India – the world’s second-largest producer of wheat – to shelve its plans. In April, Modi said publicly that the world’s most populous democracy was ready to fill the … Read more

Russian forces turn sights on Lysychansk in battle for eastern Ukraine

Russian missiles strike Kyiv for the first time in weeks Biden condemns attack as act of “barbarism” G7 countries meet in Germany KYIV / POKROVSK, Ukraine, June 27 (Reuters) – Russian forces were fighting on Monday to achieve one of their strategic objectives in Ukraine as Moscow-backed separatists said they were pushing into Lysychansk, the … Read more

Russia slides towards default as payment deadline expires

The clock on Spasskaya tower showing the time at noon, is pictured next to Moscow? S Kremlin, and St. Basil? S Cathedral, March 31, 2020. REUTERS / Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register Grace period runs out on $ 100 mln interest payment due May 27 Russia says it has … Read more

Ukraine suffers major setback after the fall of Sievierodonetsk

KYIV / POKROVSK, June 26 (Reuters) – Ukraine special forces remained in Sievierodonetsk directing artillery fire against Russian-backed troops, said an adviser to Ukraine’s president, after the city fell into a major setback for Kyiv as it struggles to keep control of the of the east. Ukrainian shelling on Saturday forced Russian troops to suspend … Read more

Russian missiles strike across Ukraine, says Kyiv

Ukraine says Russia launches widespread shelling Shelling hit chemical plant where civilians trapped Ukraine forces withdraw from Sievierodonetsk Dozens of missiles hit Ukrainian military bases KYIV, June 25 (Reuters) – Russian missiles rained down across Ukraine on Saturday, hitting military facilities in the west and the north as well as a southern city as the … Read more

Germany triggers gas alarm stage, Russia accuses Russia of ‘economic attack’

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS / Hannibal Hanschke // File Photo Register now for FREE unlimited access to Reuters.com Register West, Russia in energy standoff since Ukraine invasion German minister warns of ‘rocky road’ ahead Minister does not rule … Read more

What next? Ukraine’s allies divided over Russia endgame

PARIS / BERLIN / WASHINGTON, June 13 (Reuters) – Is it better to engage with Russian President Vladimir Putin over his invasion of Ukraine or to isolate him? Should Kyiv make concessions to end the war, or would that embolden the Kremlin? Are ramped up sanctions on Russia worth the collateral damage? These are some … Read more

In ‘miracle’ city Shenzhen, China’s economic future for fears

SHENZHEN, China, June 13 (Reuters) – David Fong made his way from a poor village in central China to the southern boomtown of Shenzhen as a young man in 1997. Over the next 25 years he worked for a succession of overseas manufacturers. Everything from making his own multi-million dollar business to schoolbags to toothbrushes. … Read more

Tasty name but no Big Mac: Russia opens rebranded McDonald’s restaurants

June 12 (Reuters) – It might look and smell like McDonald’s but now it’s Vkusno & tochka. The golden arches are gone, the Filet-O-Fish is simply a fish burger. The Big Mac has left Russia. A new era for Russia’s fast-food and economic scene dawned on Sunday, as McDonald’s (MCD.N) restaurants flung open their doors … Read more

Biden unveils migration plan, capping Americas summit roiled by division

LOS ANGELES, June 10 (Reuters) – US President Joe Biden and fellow leaders from the Western Hemisphere on Friday rolled out a new set of measures to confront the regional migration crisis, seeking to salvage an Americas summit roiled by division. Biden’s aides had touted the migration declaration as a centerpiece of the US-hosted Summit … Read more