Staff

Staff

Wheat prices fall on expectations of higher supplies from the Black Sea region as Türkiye, Russia, Ukraine and UN signed a deal to open ports for grain shipments.

Turkish President Recep Tayyip Erdogan and UN Secretary-General Antonio Guterres attended the signature ceremony in Türkiye's city of Istanbul on Friday along with the representatives from Russia and Ukraine.

"We are proud of being instrumental in an initiative that will play a major role in the solution of the global food crisis that has occupied the whole world for a long time," Erdogan said.

The president added: "We will contribute to preventing the danger of hunger that awaits billions of people in the world."

Wheat prices fall

Chicago wheat fell more than three percent on Friday.

Corn and soybeans extended their fall in the previous session to hit a 8-month and 7-month lows respectively as forecasts of favourable US weather eased global supply worries.

Ukraine and Russia are both among the world's biggest exporters of food.

"A serious deal would be a game-changer and potentially could bring millions of tonnes of Ukrainian grains into the market in coming weeks and months," one German trader said. 

US wheat exports have been gaining since the Russia-Ukraine conflict curbed shipments earlier this year.

US wheat exporters last year notched up their second-worst performance in a half-century with global market share at an all-time low, as competing wheat offerings were plentiful and cheaper, Karen Braun, a market analyst for Reuters, wrote in a column. 

Egypt's state grains buyer is believed to have bought an additional 120,000 tonnes of Russian and French wheat on Thursday, traders said, after booking 640,000 tonnes a day earlier.

Buyers from China purchased large volumes of Australian and French wheat this week in a sign that the Asian country is taking advantage of a recent dip in prices to fill its large needs, European traders said on Friday. 

Corn and soybean prices have been pressured by crop weather in the US Midwest where corn is pollinating, its key reproductive phase, later than usual. 

Forecasts called for beneficial rains and moderating Midwest temperatures next week.

Source: Reuters

More than 50 million people across the East African region are expected to face acute food insecurity this year.

Intergovernmental Authority on Development, or IGAD, warned on Friday that some 300,000 in Somalia and South Sudan are projected to be under full-blown famine conditions.

The assessment by IGAD is one of the most dire yet as United Nations agencies, humanitarian groups and others continue to raise alarm over the region's food crisis that many say has been largely neglected as the international community focuses on the war in Ukraine. 

That assessment applies to seven member states of IGAD, from Djibouti to Uganda.

Samantha Power, the administrator of the United States Agency for International Development, is travelling in East Africa to spotlight the hunger crisis in the region.

In Kenya's capital Nairobi on Friday, Power announced at least $255 million in drought-related humanitarian and development support to Kenya. She is expected to visit Ethiopia and Somalia, where some communities have suffered four consecutive failed rainy seasons.

Power earlier in the week spoke of the need to prevent the global food crisis from becoming a catastrophe, announcing $1.2 billion in funding that includes immediate food assistance for people in Ethiopia, Somalia and Kenya.

Export restrictions

In addition to immediate humanitarian aid, the international community must sustain investment in global agriculture and undertake concerted diplomacy “so that we mobilise more resources from donors, avoid export restrictions that can exacerbate the crisis, and lessen the burden on poor countries,” Power said in a speech Monday at the Center for Strategic and International Studies in Washington.

Aid groups and other watchdogs have been calling for more funds to be devoted to East Africa after the war in Ukraine grabbed the world's attention and money./agencies

At least seven civilians, including five children, have been killed and 13 others injured when Russian airstrikes hit Christian-majority villages in the west of Syria’s Idlib province.

According to the opposition aircraft observatory, the Russian warplane took off from the Khmeimim air base in Latakia and hit Al-Yacoubiyah and Judayda villages early Friday.

White Helmets, or Syrian Civil Defence, officials said initial reports suggested seven civilians, including five children, were killed and 13 others injured in the attack.

The children are all under 10 years old, said Rami Abdel Rahman, who heads the British-based Observatory.

Six of the victims are confirmed to be civilians, the Observatory said, adding that more people including women and children were still trapped under the rubble.

The victims are mostly displaced Syrians from neighbouring Hama province, said the monitor, which relies on a wide network of sources inside Syria.

'De-escalation zones'

During the Astana meeting in 2017, Türkiye, Russia and Iran agreed to create four "de-escalation zones" in the area that is not controlled by the Assad regime. 

However, the Syrian regime, Iran-backed terrorists and Russia continued their attacks and took over three of the four regions and headed for Idlib.

Although Türkiye reached an additional agreement to strengthen the cease-fire with Russia in September 2018, the attacks intensified again in May 2019. 

The cease-fire, however, is largely preserved now after Türkiye and Russia reached a new agreement on March 5, 2020.

Approximately two million civilians fleeing the attacks during the 2017-2020 period had to migrate to regions close to the Turkish border./agencies

Türkiye has urged its NATO allies to extend their support in its fight against terrorist organisations, including the PKK and Fetullah Terrorist Organisation (FETO) until they are completely eliminated, the country's National Security Council said. 

In a statement released on Thursday after the three-hour session, which convened in the capital Ankara under the leadership of President Recep Tayyip Erdogan, the council said Türkiye "has fully and sincerely" fulfilled its obligations in the alliance and that it expects the same from other members.

Underscoring Ankara's determination to keep fighting FETO until it was completely eliminated, the statement said Türkiye is ready to fight all manners of danger to its "national unity and survival," including the PKK terrorist organisation and its offshoots, as well as FETO, both at home and abroad.

In its over 35-year terror campaign against Türkiye, the PKK – listed as a terrorist organisation by Türkiye, the US, and EU – has been responsible for the deaths of at least 40,000 people, including women, children, and infants.

The statement referred to a NATO summit in the Spanish capital of Madrid last month to discuss the formal application of Sweden and Finland to join the transatlantic alliance, a decision spurred by Russia's war on Ukraine.

Türkiye had voiced objections to the membership bids, criticising the countries for tolerating and even supporting terror groups.

A trilateral agreement signed among the countries in June stipulates that Finland and Sweden will not provide support to the YPG, the PKK's Syrian offshoot, nor to the Fetullah Terrorist Organisation (FETO), the group behind the 2016 defeated coup in Türkiye, and said Ankara extends full support to Finland and Sweden against threats to their national security.

FETO and its US-based leader Fetullah Gulen orchestrated the defeated coup, which left 252 people dead and 2,734 injured.

FETO is behind a long-running campaign to overthrow the state through the infiltration of Turkish institutions, particularly the military, police and judiciary.

Greece

Additionally, the council touched on the issues between Türkiye and Greece.

"Greece's continued territorial waters, airspace violations and other provocative actions are unacceptable," it stressed.

"The Greek administration has also been called upon to once again put an end to activities that endanger lives of irregular migrants, and violate human rights and humanitarian law," the statement noted.

Ankara and international human rights groups have repeatedly condemned Greece's illegal practice of pushing back asylum seekers, saying it violates humanitarian values and international law by endangering the lives of vulnerable people, including women and children.

Turkish Republic of Northern Cyprus

The council also expressed "strong support" for the vision of a Turkish Republic of Northern Cyprus (TRNC) "for a two-state solution on the basis of sovereign equality and equal international status."

Cyprus has been mired in a decades-long dispute between Greek Cypriots and Turkish Cypriots, despite a series of diplomatic efforts by the UN to achieve a comprehensive settlement.

It has seen an on-and-off peace process in recent years, including a failed 2017 initiative in Switzerland under the auspices of guarantor countries Türkiye, Greece and the UK.

Russia-Ukraine conflict

Pointing to Russia's ongoing war on Ukraine, Ankara called for "a comprehensive cease-fire to be declared," before the war "leads to more casualties and destruction."

Türkiye reiterated its efforts "to resolve the issue that is turning into a global food crisis with the establishment of a lasting will."

"The expanding political and social effects of the global economic crisis, which was deepened by the coronavirus pandemic and subsequent conflicts throughout the world, were evaluated in all dimensions, and the measures to be taken to strengthen our country in all areas against possible threats that may arise in the future were reviewed," the council added.

Source: AA

Eurozone business activity unexpectedly contracted this month due to a downturn in manufacturing and a near-stalling of service sector growth as burgeoning costs push consumers to cut back on expenditure.

S&P Global's flash Composite Purchasing Managers' Index (PMI), seen as a good gauge of overall economic health, fell to 49.4 in July from 52.0 in June.

A reading below 50 indicates a contraction and July's preliminary estimate was the lowest since February 2021.

"The eurozone economy looks set to contract in the third quarter as business activity slipped into decline in July and forward-looking indicators hint at worse to come in the months ahead," said Chris Williamson, chief business economist at S&P Global, on Friday.

"Excluding pandemic lockdown months, July's contraction is the first signalled by the PMI since June 2013, indicative of the economy contracting at a 0.1percent quarterly rate."

A Reuters poll published last week predicted the euro zone economy would expand 0.2% this quarter.

Concerns about inflation

Inflation in the currency union was 8.6 percent last month, official data showed, and while the composite output price index in the PMI survey fell from June's 65.3 it remained high at 63.9. 

On Thursday, the European Central Bank raised interest rates by more than expected, confirming that concerns about runaway inflation now trump growth considerations.

The PMI covering the bloc's dominant services industry dropped to a 15-month low of 50.6 in July from 53.0.

The cost of living crisis has kept consumers wary and they have cut back on non-essential spending so the services new business index fell to 48.4 from 51.8, its lowest since February last year.

Manufacturing activity fell this month for the first time in over two years. The factory PMI sank to 49.6 from 52.1 while an index measuring output that feeds into the composite PMI was 46.1 compared to June's 49.3, its lowest since May 2020.

Factory managers turned gloomy about the year ahead and the future output index fell to 49.7 from 51.5.

"Business expectations for the year ahead have meanwhile fallen to a level rarely seen over the past decade as concerns grow about the economic outlook, fuelled in part by rising worries over energy supply and inflation but also reflecting tighter financial conditions," Williamson said./ Agencies

 

Leaders worldwide have praised efforts by Türkiye that led to a deal between Russia and Ukraine eliminating hurdles to Ukrainian grain shipments. 

“Today’s Istanbul agreement is a step in the right direction” to solve the problems caused by Russia's offensive in Ukraine, European Union Foreign Policy Chief Josep Borrell wrote on Twitter on Friday.

He hailed efforts by the UN and Türkiye in securing the deal, and urged its “swift implementation.”

British Foreign Secretary Liz Truss said her country applauds Türkiye and the UN for brokering the agreement. 

The White House says the US welcomes Ukraine grain deal inked in Istanbul, calling it "positive step," and thanking Turkish President Erdogan and UN chief Guterres for their efforts.

Italy's caretaker Prime Minister Mario Draghi said that the grain deal was "excellent news" for the international community to avoid a global food crisis.

Anwar Ibrahim, incumbent opposition leader in Malaysian parliament, hailed the deal saying: “This is a major diplomatic victory."

'Nothing short of lifesaving'

“A deal that allows grain to leave Black Sea ports is nothing short of lifesaving for people across the world who are struggling to feed their families," said Red Cross Director-General Robert Mardini, who noted that over the past six months prices for food staples have risen 187 percent in Sudan, 86 percent in Syria, 60 percent in Yemen and 54 percent in Ethiopia.

The head of an African trade bloc praised Türkiye’s efforts to help Ukraine and Russia reach the agreement. 

“We are expecting eagerly on this issue that the UN and Türkiye are working relentlessly on … and we are expecting a positive result,” Workneh Gebeyehu, executive secretary of the Intergovernmental Authority on Development (IGAD), told Anadolu News Agency. 

Hailing Türkiye’s role to ease the conflict between Ukraine and Russia, he said: “In our view, it should be resolved peacefully through negotiation. That is our position, and also that crisis has already had a spillover effect on our region and created already an issue of food insecurity.”

IGAD is an eight-member regional bloc of the Horn of Africa and neighbouring countries – Djibouti, Eritrea, Ethiopia, Kenya, Somalia, South Sudan, Sudan, and Uganda. 

'Long-needed breakthrough'

Kitack Lim, Secretary-General of the International Maritime Organisation, the UN's shipping agency, said: "I am very pleased that all parties have reached agreement on the way forward for ships to safely transport much-needed grain and other commodities through the Black Sea..."

"The safety of ships and seafarers remains my top priority. IMO instruments, including the International Ship and Port Facilities Security (ISPS) Code, underpin this agreement for safe and secure shipping through the Black Sea."

Canadian Prime Minister Justin Trudeau said the G7 nations would be watching closely the process.

"The G7 is working closely with partners like Türkiye and others to ensure that we can get that grain out of Ukraine and to places around the world where it's needed," Trudeau said.

Guy Platten, Secretary General of the International Chamber of Shipping (ICS), said that the deal was "a long-needed breakthrough for the millions of people who rely on the safe passage of grain to survive".

"Ensuring crew safety will be crucial if we are to get this agreement moving quickly. "

Russian Defence Minister Sergei Shoigu said on Friday that conditions were in place to unlock grain exports from Ukraine in the "next few days".

Under the deal, reached on a plan during talks in Istanbul, a coordination centre will be established to carry out joint inspections at the entrances and exits of harbours, and to ensure the safety of the routes.

Internationally praised for its mediator role, Türkiye has coordinated with Moscow and Kiev to open a corridor from the Ukrainian port city of Odessa to resume global grain shipments long stuck due to the Ukraine conflict, now in its fifth month. /agencies

Türkiye has condemned Greece's decision of closing four more primary schools belonging to the Turkish Muslim minority in Western Thrace for the ongoing school year.

“With this latest decision, more than half of the Minority primary schools have been closed. Thus, Greece's policy of closing primary schools belonging to the Turkish Muslim Minority in Western Thrace through 'temporary suspension' has proven to be systematic,” Tanju Bilgic, the country's Foreign Ministry spokesperson, said in a statement on Friday.

Bilgic reiterated the Turkish minority's right to establish, manage and inspect their own schools in accordance with the Treaty of Lausanne signed in 1923 – which eventually paved the way for an independent Turkish republic.

He said the recent moves show the “discriminatory and oppressive policies” implemented against the Turkish minority in the field of education.

“While Greece closes primary schools with the pretext of insufficient number of students, it ignores, on the other hand, the demands for opening new Minority secondary/high schools despite the obvious need, and violates the education rights of Minority children,” Bilgic noted.

He urged Greece to put an end to its discriminatory policies toward Turkish minority schools year after year.

“Republic of Türkiye will continue to support the Minority's struggle for its rights and justice, both in bilateral contacts and international platforms,” he added.

Greece's Western Thrace region is home to some 150,000 Muslim Turks, whose rights to elect their own religious leaders, found Turkish associations, and have their own schools have been denied by Athens, in violation of European court orders./aa

Ukraine has around $10 billion worth of grain available for sale in the wake of a deal signed with Russia to unblock supplies and will also have a chance to sell the current harvest, President Volodymyr Zelenskyy said.

"Approximately 20 million tons of last year's grain harvest will be exported. There will also be a chance to sell this year's harvest ... at the moment we have about $10 billion worth of grains available," said Zelenskyy.

Türkiye, UN, Russia and Ukraine signed a landmark deal on Friday in Istanbul to reopen Ukrainian Black Sea ports for grain exports, raising hopes that an international food crisis aggravated by the Russian incursion can be eased.

"This is another demonstration that Ukraine can withstand the war," he said in a late Friday address.

"In this context, I am especially grateful to the UN secretary general and Turkish President Recep Tayyip Erdogan for their efforts," Zelenskyy added.

The Istanbul deal, brokered by Türkiye, is a chance to prevent a global food catastrophe that could cause chaos in many countries, Zelenskyy said.

"There may be some provocations on the part of Russia, attempts to discredit Ukrainian and international efforts," said Zelenskyy.

Easing global food crisis

Ankara and the UN have been working on a plan that would enable Ukraine to export millions of grain stockpiles that have been stuck in Ukraine’s Black Sea ports due to the conflict — a move that could ease a global food crisis that has sent wheat and other grain prices soaring.

Last week, the sides met in Istanbul, reaching a tentative agreement on the plan. The plan foresees joint controls of ships as they leave and arrive at Black Sea ports and a mechanism to ensure the safety of the transfer routes, Turkish officials said.

Türkiye's Communications Director Fahrettin Altun in a statement said Ankara "continue[s] to work hard to solve the current regional and global crises such as food security, migration, energy shortages, and regional conflicts among others."

A coordination centre for the shipping of exports would be established in Istanbul and would include UN, Turkish, Russian and Ukrainian officials./TRT

The UN's highest court has ruled that a landmark case accusing military-ruled Myanmar of genocide against minority Rohingya Muslims can go ahead.

The International Court of Justice (ICJ) in The Hague on Friday threw out all of Myanmar's objections to a case filed by the west African nation of The Gambia in 2019.

The decision paves the way for full hearings at the court on allegations over a bloody 2017 crackdown on the Rohingya by Buddhist-majority Myanmar.

"The court finds that it has jurisdiction... to entertain the application filed by the Republic of the Gambia, and that the application is admissible," ICJ president Joan Donoghue said.

Gambian Justice Minister Dawda Jallow told reporters outside the court he was "very pleased that the court has delivered justice".

Several dozen Rohingya activists demonstrated outside the court while the judgment was read out.

'Great moment for justice'

"This decision is a great moment for justice for Rohingya, and for all people of Burma," said Tun Khin, president of the Burmese Rohingya Organisation UK, referring to the country by its former name.

"We are pleased that this landmark genocide trial can now finally begin in earnest."

Myanmar's representative, attorney general Thida Oo, said her country was now "looking forward to finding the best way to protect our people and our country."

The Gambia filed the case in November 2019 alleging that Myanmar's treatment of the Rohingya breached the 1948 UN Genocide Convention.

Myanmar had argued on several grounds that the court had no jurisdiction in the matter, and should dismiss the case while it is still in its preliminary stages.

But judges unanimously rejected Myanmar's argument that Gambia was acting as a "proxy" of the 57-nation Organisation of Islamic Cooperation in the case.

Only states, and not organisations, are allowed to file cases at the ICJ, which has ruled on disputes between countries since just after World War II.

'Brutality and cruelty'

They also unanimously dismissed Myanmar's assertions that Gambia could not file the case because it was not a direct party to the alleged genocide, and that Myanmar had opted out of a relevant part of the genocide convention.

Finally they threw out by 15-1 Myanmar's claim that there was no formal dispute at the time Gambia filed the case, and that the court therefore had no jurisdiction.

Hundreds of thousands of minority Rohingya fled the southeast Asian country during the operation five years ago, bringing with them harrowing reports of murder, rape and arson.

Around 850,000 Rohingya are languishing in camps in neighbouring Bangladesh while another 600,000 Rohingya remain in Myanmar's southwestern Rakhine state.

Source: AFP

Two children have been diagnosed with monkeypox in the US, health officials said.

One is a toddler in California and the other is an infant who is not a US resident but was tested while in Washington, DC, said the Centers for Disease Control and Prevention on Friday.

The children were described as being in good health and receiving treatment. How they caught the disease is being investigated, but officials think it was through household transmission.

Other details weren't immediately disclosed.

Monkeypox is endemic in parts of Africa, but this year more than 15,000 cases have been reported in countries that historically don’t see the disease.

In addition to the two pediatric cases, health officials said they were aware of at least eight women among the more than 2,500 US cases reported so far.

“I don’t think its surprising that we are occasionally going to see cases” outside that social network, the CDC's Jennifer McQuiston told reporters on Friday.

Officials have said the virus can spread through close personal contact, and via towels and bedding. That means it can happen in homes, likely through prolonged or intensive contact, said Dr. James Lawler, an infectious disease specialist at the University of Nebraska Medical Center.

“People don't crawl on each other's beds unless they are living in the same house or family,” he said.

Monkeypox in Europe, Africa

In Europe, there have been at least six monkeypox cases among kids 17 years old and younger.

This week, doctors in the Netherlands published a report of a boy who was seen at an Amsterdam hospital with about 20 red-brown bumps scattered across his body. It was monkeypox, and doctors said they could not determine how he got it.

In Africa, monkeypox infections in children have been more common, and doctors have noted higher proportions of severe cases and deaths in young children.

One reason may be that many older adults were vaccinated against smallpox as kids, likely giving them some protection against the related monkeypox virus, Lawler said. 

Smallpox vaccinations were discontinued when the disease was eradicated about 40 years ago./AP

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