Pressure from Moscow on grain deal, ruble depreciates undermined by sanctions

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news of the day

Pressure from Moscow on the grain agreement. The Kremlin has threatened to call into question the agreement allowing the export of Ukrainian cereals if nothing is done to remove the obstacles to the export of Russian fertilizers and food products.

“If there is no progress in removing obstacles to Russian fertilizer and grain exports, then we will wonder whether this agreement is necessary,” Russian Foreign Minister Sergei Lavrov said during a meeting. a trip to Ankara. Signed for 120 days in July 2022, the agreement was then renewed in November and saw the export of more than 24 million tonnes of grain from Ukrainian ports, according to the UN.

sentence of the day

Support all efforts to restore peace in Ukraine”

These are the words of Chinese President Xi Jinping. In a joint statement issued at the end of a visit to China by French President Emmanuel Macron, the two heads of state say they oppose “armed attacks against nuclear power plants and other peaceful nuclear installations” and support the International Atomic Energy Agency (IAEA) “to ensure the security of the Zaporozhye power plant”.

The joint statement does not mention Russia, a country allied with China, and does not condemn its offensive in Ukraine.

The number of the day

90. Like the number of rubles for one euro. This Friday, the Russian currency plunged to its lowest level in a year, due in particular to the fall in Moscow’s foreign currency income amid international sanctions.

Russia has hammered away a year of resisting punitive measures adopted in the West, citing as proof the resistance of the rouble, which, after a collapse in the wake of the offensive, had appreciated considerably during the summer and autumn. , reinforced in particular by the surge in hydrocarbon prices.

But this justification no longer seems to hold, and in the face of economic difficulties, Vladimir Putin himself admitted to expecting “negative” consequences.

The trend of the day

Arrested last week, American journalist Evan Gershkovich is officially charged with “espionage” in Russia. According to Interfax, Evan Gershkovich, correspondent for the wall street journal who also worked for AFP in the past, is being prosecuted on the basis of article 276 of the Russian Criminal Code, a charge punishable by 20 years in prison. Tass reported that the journalist “categorically” denied the charges against him.

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