Economic

Although still below its all-time high, spot prices for natural gas in Europe exceeded $1900 per thousand cubic meters, on Thursday, for the first time since early March

Compared to a record harvest of 86 million tons in 2021, the government announced that Ukraine could harvest at least 50 million tons of grain this year, due to the loss of territory to Russian troops and declining productivity.

In a matter that UN organizations see if it happens, it will expose millions of people to the threat of malnutrition. The Food and Agriculture Organization of the United Nations

Driven by rising energy and food prices, which rose respectively by 33.1% and 5.7% compared to June 2021, according to a provisional preliminary estimate by the National Institute of Statistics and Economic Studies, inflation in France accelerated to a historic level of 5.8% year-on-year in June compared to 5.2% in May.

The General Authority for Ration Commodities, on behalf of the Egyptian Ministry of Supply and Internal Trade, has contracted to purchase 240 1,000 tons of Romanian wheat, 350,000 tons of French wheat, 175,000 tons of Russian wheat and 50,000 tons of Bulgarian wheat.

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