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Grain deficit looming for EU – diplomat

Greece’s First Deputy Foreign Minister Miltiadis Varvitsiotis said on Tuesday that the country and the EU as a whole should brace for a grain deficit as the result of the conflict in Ukraine and anti-Russia sanctions. The shortage could mean, “Firstly, a significant increase in prices and, secondly, it could …

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NATO member scrambles fighter jets over incursion from Ukraine

Hungary scrambled Saab JAS 39 Gripen fighter jets on Monday in response to an unidentified aircraft entering its airspace from Ukraine, the Defense Ministry reported. The mission was ordered by NATO’s Joint Air Operations Center, a Monday evening report said. At around noon, radars detected the aircraft moving through eastern …

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Kremlin responds to Zelensky’s referendum idea

Russia has said that Kiev’s idea to put peace deal terms up for a referendum will only hurt the ongoing talks. Moscow launched a military campaign against Ukraine late last month. “We’re convinced that putting [the terms] before the public at this moment can only undermine the negotiations that are …

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Navalny given more jail time

Russian opposition activist Alexey Navalny was sentenced to nine years in prison on Tuesday in a fraud and contempt of court case. He is already serving a 2.8 year term under a separate sentence. He pleaded not guilty during the trial. The Lefortovo court in Moscow agreed with the prosecution, …

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Russia settles another dollar debt

Russia’s coupon payment on a sovereign bond maturing in 2029 has been processed by correspondent bank JPMorgan Chase, Reuters reported on Tuesday, citing sources. The country was due to make a $66 million payment to bondholders on Monday on the bond. According to a source familiar with the situation, JPMorgan …

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Japan accuses Russia of ‘unreasonable’ reaction to sanctions

Japanese Prime Minister Fumio Kishida has criticized Russia’s decision to suspend talks about the WWII-era peace deal in response to sanctions over Moscow’s military campaign in Ukraine. “Russia’s actions are extremely unreasonable and totally unacceptable,” Kishida told his country’s parliament on Tuesday. The prime minister said that Japan’s sanctions were …

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Split opens in EU over Russia energy sanctions

Hungary’s top diplomat has indicated that his country will not support new economic sanctions on Russian energy firms, arguing the move could backfire. Peter Szijjarto also warned that no-fly zone proposals for Ukraine risk sparking a larger regional conflict.  Speaking to reporters following a meeting with fellow European Union members …

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