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Ukraine grain deal signed: Why it matters

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Nearly $100 billion worth of deals signed at SPIEF 2022

The 25th St. Petersburg International Economic Forum (SPIEF 2022), held from June 15 to 18 in Russia, resulted in 5.6 trillion rubles ($97 billion) worth of agreements, which is 30% more than last year (3.8 trillion rubles). Over 690 deals were signed during the four-day event. Despite the tense political …

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US frigate offer won’t derail ‘signed & final’ French deal

France’s armed forces ministry stated on Saturday that a defense contract with Athens was already “initialled a few days ago,” before the US State Department announced the approval of the potential sale of American frigates. Greece’s Defense Ministry also confirmed that since the deal with Paris was “final,” since it …

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Germany’s new govt coalition deal finally signed

The new coalition agreement was sealed on Tuesday, after all three parties’ members voted in favor of it over the weekend. The Greens were the last to release their vote results on Monday. Olaf Scholz, the former vice-chancellor and finance minister in Angela Merkel’s fourth cabinet, is now on his …

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