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Tech firms gain on Anthropic IPO optimism; HSBC slumps in London
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French media protest manhandling of journalists at far-right party rally
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Sri Lanka end England hopes with crushing win over Pakistan
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EU seeks deportation powers for beefed up border agency
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Carrick to remain Man Utd boss for Chelsea clash: reports
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Norway media take legal action to block Meta from using content
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HSBC profit jumps on higher rates, lower costs
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Bayern praise 'humble' Kane after Ballon d'Or win
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Rams rediscover offensive balance in 35-21 victory over Raiders
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Colts retain Daniel Jones as starter despite continued offensive struggles
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Mercedes-Benz cuts 2026 profit outlook on tough China market
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Madushanka wrecks Pakistan as Sri Lanka press for final slot
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Reparations calls follow Charles on tough Caribbean trip
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Destructive Abhishek 113 leads India to series win over New Zealand
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Jammu and Kashmir ministers resign before planned council expansion
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Norway, Finland leaders hold 'frank and substantive' talk with Putin
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Germany, EU, stable investment stops despite upheaval: Merz
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Wall Street faces earnings and Fed tests after turbulent technology-led week
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China brands drop Mbappe for 'offending national sentiments'
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Ukraine, Russia say US-brokered truce holding in ravaged city
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India orders evacuations as Cyclone Arnab looms
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Police form SIT after vehicles in Rahul Gandhi convoy collide on expressway
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Dutch broadcaster pulls out of Eurovision over Israel 'sensitivities'
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Delhi grants minimum monthly pay and DA to about 4,000 MCD health workers
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Critical coal inventories affect nearly half of India’s domestic power plants
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Ather Energy shares climb 14% after quarterly profit and expansion plan
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FCNR(B) deposit drive puts sharper margin pressure on private banks
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Gold ETF flows turn negative after 13 weeks as bullion loses 4%
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Noel Tata requests records of September 17 Tata Sons board meeting
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Pakistan's last antique restorers give old treasures new life
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Reparations calls to dog King Charles's tough Caribbean trip
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India braces for Cyclone Arnab with evacuations
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Global rates and foreign outflows remain key risks for Indian markets
US says Ukraine grain exports near pre-war levels
Ukraine is on course to ship nearly as much grain this month as it did before the Russian invasion, in a triumph for international efforts to ease food shortages, a US official said Tuesday.
Ukraine is one of the world's largest exporters of wheat, corn, barley and sunflower oil, shipping around five million metric tons of grain each month before the war.
Its exports ground to a trickle after the February 24 invasion, contributing to a spike in global food prices that has hit poor nations especially hard.
"Thanks to intensive international cooperation, Ukraine is on track to export as much as four million metric tons of agricultural products in August," a senior US State Department official told AFP.
Ukraine and Russia in July reached a first wartime agreement through the mediation of Turkey and UN Secretary-General Antonio Guterres, with guarantees for ships to sail out of Ukraine's Black Sea ports.
The State Department official said that the efforts have moved out more than 720,000 tons of grain from the ports through 33 ships over the past several weeks.
More significant so far has been a European initiative to ship Ukrainian grain by river, rail and road routes.
The so-called "Solidarity Lanes" established by the European Union rushed additional vehicles including trucks to the border, addressing hurdles including Ukrainian wagons' incompatibility with European rail gauges.
The European effort is shipping 2.5-3 million tons of produce into the European Union and beyond to international markets each month, the official said.
As part of the agreement negotiated in Istanbul, Russia will also be guaranteed shipment of food and fertilizer without being subject to sanctions.
Guterres recently appealed for "unimpeded access," saying that the world could face dangerous agricultural shortfalls next year unless Russian fertilizer reaches international markets.
The United States says that its sweeping sanctions on Russia over the Ukraine war have exempted agricultural products and accuses Moscow of seeking to distract the world from its own responsibility for shortages.
Last week the United States said it was contributing another $68 million to the World Food Programme to buy 150,000 metric tons of Ukrainian wheat to address food insecurity.
The UN agency warned on Friday that some 22 million people face starvation in Horn of Africa countries where the rising costs of imported food have exacerbated the effects of climate change.
Kenya, Ethiopia and Somalia have suffered the unprecedented failure of four straight rainy seasons.
A.Suleiman--SF-PST