-
Nvidia boss presses G20 ministers to build AI infrastructure
-
Tiger Woods driver's license suspended for five years after crash
-
Liminal Launches Liminal Prime for Institutional OTC and Stablecoin Liquidity
-
Germany probes latest sabotage attacks on power grid
-
10 missing as cargo ship sinks after collision off Istanbul
-
Wall Street stocks mixed as energy prices, bond yields turn lower
-
30 years on, 'Tomb Raider' reboot sees Lara Croft through a 'modern lens'
-
Tiger Woods pleads guilty to reckless driving, license suspended
-
King Charles, Macron to view Bayeux Tapestry as French leader starts UK visit
-
Missing passengers likely went down with sunken ferry: N.Cyprus official
-
George Clooney says US run by 'least qualified people'
-
Premier League clubs splash cash to smash transfer record
-
China's Xi urges against Mideast interference in rare Egypt visit
-
Melting glaciers an 'immediate' climate risk: author of UN report
-
Venice to roll out red carpet for 'lucky' Clooney on opening night
-
Folarin Balogun's move to Everton collapses
-
'Humiliated' Aubameyang quits Gabon national team
-
Pacific islands to face food shortages over global warming: scientists
-
France sees limited economic hit from drought, heatwaves
-
Venice jury head Maggie Gyllenhaal questions lack of women directors
-
Bus crash in Egypt's Sinai kills 22, including 10 Jordanians
-
Stocks drop, bond yields rally on Mideast flare-up
-
UN says world must navigate 'reality' of 1.5C overshoot
-
China expands Egypt investments in first Xi visit in a decade
-
Taliban govt defends ban on protest, citing Islamic law
-
Messi departure leaves Argentina facing rebuild after golden era
-
10 missing as Turkish cargo ship sinks after collision off Istanbul
-
Ourbit SuperCEX Launches "Cosmic Wheel Season 3. Oracle Realm" on September 2 with 3M USDT Prize Pool
-
easyMarkets Expands Commodity Offering with 24/7 Gold, Silver and Oil Trading
-
Ebola death toll passes 3,000 in DR Congo: official data
-
Australia defends Pacific climate meeting despite doubts on attendance
-
Hong Kong democracy activist Wong pleads guilty to foreign collusion
-
Iran attacks US sites after American strikes, wedding deaths
-
World record prize winner Romantic Warrior retires from horse racing
-
Stocks drop, yields at three-decade highs on Mideast flare-up
-
5,000 US sailors arrive in Thailand after months at sea
-
EU summons Russian envoy, eyes sanctions after Germany drone 'attack'
-
Joshua Wong, Hong Kong's pro-democracy poster child
-
Stocks drop as yields and oil prices spike on Mideast flare-up
-
Nepal tunnel rescuers seek trapped workers but hit dead ends
-
Cricketers to get best rooms at Asian Games, says Japan chief
-
Zverev wins wild five-setter, Rybakina and Gauff ease through at US Open
-
Zverev out-lasts Sonego in wild five-setter to advance at US Open
-
US energy secretary arrives in Venezuela to discuss oil deal
-
Amid war, Ukrainian soldiers celebrate love at ritual wedding
-
Meloni government becomes Italy's longest-lasting
-
Venice to roll out red carpet for Clooney on opening night
-
Funerals in Nepal for missing, a week after deadly floods
-
Hong Kong democracy activist Wong pleads guilty to foreign collusion: AFP
-
US aircraft carrier arrives in Thailand after months at sea
Russia agrees to 60-day Ukraine grain deal extension
Russia agreed Monday to extending the Ukraine grain export deal, but only for a further 60 days, in a proposal criticised by Kyiv.
Following talks with the United Nations in Geneva, Moscow said it would not oppose prolonging the so-called Black Sea Grain Initiative aimed at easing the global food crisis, as had been feared.
But Russia only agreed to extending the deal for half of the 120-day period of the original deal.
Ukraine warned that "contradicts" the original agreement, but did not reject the proposal.
Russia's full-scale invasion of Ukraine in February 2022 saw Ukraine's Black Sea ports blocked by warships, until the deal signed in July allowed for the safe passage of exports of critical grain supplies.
Ukraine was one of the world's top producers and the Black Sea Grain Initiative has helped soothe the global food crunch triggered by the conflict.
More than 24.1 million tonnes have been exported so far under the agreement, according to the UN.
The initial 120-day agreement struck with the UN and Turkey was extended for a further 120 days in November, until March 18.
The Kremlin had cast doubt on whether it would agree to any fresh extension, citing concerns that the twin deal on Russian exports was not being respected.
It said Monday it needed to see "tangible progress" on the parallel agreement on unhindered Russian food and fertiliser exports, claiming Western sanctions exemptions were "essentially inactive".
- Exports 'normalisation' -
Moscow wants to see deeds, not words on upholding this second part of the package, Deputy Foreign Minister Sergey Vershinin said after Monday's talks with top United Nations officials at the Palais des Nations UN headquarters in Geneva.
"The Russian side ... does not object to another extension of the 'Black Sea Initiative' after its second term expiration on March 18, but only for 60 days," Vershinin said in a statement.
"It includes bank payments, transport logistics, insurance, unfreezing of financial activities and ammonia supplies via the Tolyatti-Odessa pipeline."
Ukraine's infrastructure minister said that Russia's stance went against the agreement, but did not reject Moscow's 60-day proposal.
"(The grain) agreement involves at least 120 days of extension, therefore Russia's position to extend the deal only for 60 days contradicts the document signed by Turkey and the UN," Oleksandr Kubrakov said on Twitter.
"We're waiting for the official position of the UN and Turkey as the guarantors of the initiative," he said.
- Sanctions exemptions 'inactive' -
Vershinin led the Russian delegation in the talks, joining with UN humanitarian chief Martin Griffiths and Rebeca Grynspan, head of the UN's trade and development agency UNCTAD.
While the agreement concerns the export of Ukrainian grain, the second agreement, between Moscow and the UN, is intended to facilitate the export of Russian food and fertilisers.
These are exempt from Western sanctions imposed on Moscow.
"The sanctions exemptions for food and fertilisers announced by Washington, Brussels and London are essentially inactive."
Nearly half of the exports shipped so far under the deal are corn and more than a quarter are wheat, according to UN data.
Around 45 percent of the exports went to developed countries. The biggest recipient was China, followed by Spain, Turkey, Italy and the Netherlands.
I.Meyer--BTB