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Food crisis grows as spiralling prices spark export bans
A global food crisis sparked by Russia’s invasion of Ukraine escalated on Wednesday as Indonesia tightened curbs on palm oil exports, adding to a growing list of key producing countries seeking to keep vital food supplies within their borders.
Kremlin tells United States to await response to “economic war”
The Kremlin accused the United States on Wednesday of declaring an economic war on Russia that was sowing mayhem through energy markets, and put Washington on notice it was considering its response to a ban on Russian oil and energy.
Russian distressed bonds could be scooped up, some touting deep discounts on loans
Beaten-down Russian assets are looking attractive to some, with JPMorgan strategists touting the bonds of Russian companies with significant international operations as the best way to profit from distressed pricing, while two banking sources said that loans of Russian corporates had been offered at a steep discount.
Explainer: Russia could work around SWIFT ban but with high costs
Western sanctions banning several Russian banks from the SWIFT international payments network with the potential threat of more to come if there is no end to the Ukraine conflict is likely to push Moscow to seek alternatives.
Tunisia – National bond: commitments total 530 MD
"Commitments made since the opening of subscription to the 1st tranche of the national bond have totalled TND 530 million, or 150% of value of this bond loan (TND 350 million)," said Maher Zouari, the Director General of Tunisie Clearing which is in charge of keeping subscribers' registers.