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Free AccessKremlin: No Final Decision Taken On Grain Deal
Comments from the Kremlin hitting wires stating a final decision hasn't been taking on extending the Black Sea grain deal, set to expire on July 17, but repeating that, "there are few grounds for extending the deal."
- The Kremlin says a decision will come "in a timely manner," but stresses that "parts of the deal that concern Russia are still not fulfilled." The comments are likely to add fuel to Western accusations that Russia plays "brinksmanship" with global food supplies to press for sanctions relief.
- The Kremlin declines to comment on a Chinese decision to restrict the export of critical minerals, gallium and germanium, seen in the west as a retaliatory response to export controls on high-tech components.
- The Kremlin declines to confirm on an FT report claiming that Chinese President Xi "personally warned" President Putin against nuclear rhetoric.
- The Kremlin also escalates a dispute with Ukraine over the Zaporizhzhia nuclear power plant saying the, "situation there is tense," and the, "threat of sabotage [from Ukraine] is great."
- Kyiv and Moscow have traded accusations of sabotage in the past 24 hours with some analysts warning that Russia may preparing a "false flag" attack on the Zaporizhzhia facility.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.