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Putin discusses grain deal with South African president

The main goal of the UN-facilitated agreement has not been achieved as the food has not reached poor nations, the Russian president said Russian President Vladimir Putin held a phone call with his South African counterpart, Cyril Ramaphosa, on Saturday. The African peace initiative for the conflict in Ukraine and the grain deal were the…

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EU divided over profiting from Russian assets – Bloomberg

The European Central Bank and the bloc’s leaders have reportedly sparred over plans to tax sanctioned assets EU leaders and the European Central Bank have argued over a plan to use profits generated by Russian assets that are frozen under EU sanctions, Bloomberg reported on Friday, citing anonymous sources.

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US banking sector on brink of seismic shift – experts

The industry has been under pressure since the collapse of several regional lenders The major turmoil that rocked the US financial sector in March following the collapse of several midsize banks is far from over, experts have told CNBC.

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