The first caravan of ships with Ukrainian grain left the ports of Greater Odessa; The global economy will lose $1 trillion due to Russia’s invasion of Ukraine. Athletistic highlights yesterday’s key events.
The first caravan of ships with grain left Ukrainian ports
The first caravan of ships with Ukrainian grain left Ukrainian ports. Three bulk carriers NAVI STAR, ROJEN and POLARNET are carrying 57,000 tonnes of maize on board, bound for Turkey, UK and Ireland. Additionally, Ukraine plans to ensure the ports’ ability to handle more than 100 ships per month.
Experts have worsened their forecasts for the global economy
A full-scale Russian invasion of Ukraine will cost the global economy a trillion dollars by 2022. A new forecast suggests the conflict will continue until the end of the year. As a result, the global growth forecast worsened by 1.1 percentage points to 2.8% year on year. Among the G20 countries, Russia, the sub-sanctioned aggressor country, will lose the most GDP. By the end of 2022, its economy is expected to shrink by 10% under the pressure of sanctions, compared to their initial growth estimate of 2.6%. The Ukrainian economy is experiencing an even bigger blow. In April, the World Bank estimated it would fall by 45% this year.
The world’s products are becoming cheaper
As a result of July, world food prices fell. This is the fifth consecutive month since March’s all-time high. Thus, the FAO price index for sugar fell by 3.8% compared to June amid concerns about the prospects for demand caused by expectations of a further slowdown in the global economy. The FAO Dairy Price Index is down 2.5% since June amid weak trade activity, but is still 25.4% above the July 2021 average.
Putin and Erdogan held a meeting
Turkish President Recep Tayyip Erdogan and Kremlin leader Vladimir Putin have agreed to begin partial payments in rubles for Russian gas supplies to Turkey. The parties also agreed to increase the volume of trade between the Russian Federation and Turkey, meet the expectations of both sides on energy issues, and increase cooperation between the Russian Federation and Turkey in the sector of transportation, industry, agriculture, and construction.
Two-day curfew introduced in Nikolaev
In Nikolaev, a curfew was introduced for two days. It is valid from 23.00 August 5 to 5.00 August 8. During this time, military personnel and law enforcement agencies will work to identify cooperating and sabotage groups.
In Britain, due to abnormal heat for the first time in history, the sources of the River Thames dried up
After a long dry spell, the source of the Thames in Gloucestershire has dried up. The meteorological office said the hot and dry weather showed no signs of easing, with little rain forecast for next week and temperatures above average, especially in the south, but lower to record mid-summer temperatures.
Ukrainian authorities intend to confiscate 903 Russian properties
The Ukrainian government approved President Volodymyr Zelensky’s order on the transfer of 903 objects belonging to Russia to Ukraine and Ukrainian citizens. Kyiv intends to convert these assets into funds that will be directed to the defense and restoration of the country. The next step was the confiscation of Russian assets in the West.
The SBU launched a service to find prisoners of war
The Joint Center for the Search and Release of Prisoners has introduced a quick form for filing statements about missing Ukrainians during the war, as well as those captured by the occupiers. Citizens who previously applied at the Joint Center do not need to fill out the electronic form again – the information provided has already been processed.
The Ministry of Digital Development is launching free training for IT specialists
It is noted that soon aspirants will be able to apply for IT Generation. This project will allow Ukrainians to get free education and start their career in the field of IT. There is a list of different specialties to choose from.
Islamic Jihad strikes Israel in retaliation for Gaza attacks
The Palestinian terrorist organization Islamic Jihad launched a massive rocket attack in southern Israel. According to Israeli media, the militants responded to today’s Israeli attacks on the Gaza Strip and the removal of their leader in the afternoon. In about 20 minutes, Islamic Jihad fired at least 50 rockets into Israel.
The US has declared the monkeypox outbreak a public health emergency
The United States declared the monkeypox outbreak a public health emergency. This will attract additional funds and funds to fight the disease. The number of cases in the United States has exceeded 6600 people. To combat the disease, the country’s government plans to vaccinate more than 1.6 million high-risk people.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.