Wheat prices rise sharply on Ukraine deal fears – Bloomberg

Wheat prices jumped nearly 8% on Monday on news of explosions in the Ukrainian capital and other cities, trading data shows. According to analysts who spoke to Bloomberg, the rising prices are due to the escalation in the conflict between Moscow and Kiev, which has placed the Ukraine grain deal, due to expire in about a month,…

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Gas-desperate EU has eyes for Algeria, but Washington is playing wicked stepmother

Faced with an energy crisis, France turns to a former colony that might not be too eager to rekindle an abusive relationship For energy-starved EU, Algeria is no longer a metaphoric dependable girl next door. She’s suddenly blossomed into a hottie who gets chased after by all her divorced former classmates at the high school…

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UK announces biggest rate hike since 1989

The move to tackle soaring inflation may hit thousands of homeowners with higher mortgage costs The Bank of England announced the biggest interest rate increase in more than three decades on Thursday. The key rate was hiked by three-quarters of a percentage point in a move to curb inflation.

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