US imports of Russian metals drop to near-zero

Russian ferrous metals exports to the US nosedived to $0.6 million in July compared to $201 million the previous month, and more than $1 billion in the first half of 2022, Russian business daily RBK reported on Monday, citing the data from the US Census Bureau.

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World rice prices near 15-year highs

Indian export restrictions and dry weather in Thailand have disrupted the global food market Rice prices have reached their highest levels in almost 15 years amid mounting concerns over global supplies after top exporter India curbed shipments. Adverse weather conditions in Southeast Asia could further impact crop production.

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Top Wall Street banker makes recession prediction

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