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Ukraine grain shipment 'still nothing' amid shattered economy, Zelenskyy says – CBC News

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Ukrainian President Volodymr Zelenskyy dismissed the importance of the first grain export shipment from his country since Russia invaded, saying it was carrying a fraction of the crop Kyiv must sell to help salvage its shattered economy.

His downbeat comments, via video to students in Australia on Wednesday, came as an inspection of the ship was completed in Turkey before it continued to its final destination in Lebanon under a deal aimed at easing a global food crisis.

The ship, Razoni, departed from Ukraine’s Odesa port on the Black Sea early on Monday, carrying 26,527 tonnes of corn to Lebanon’s Tripoli. It followed a UN-brokered grain and fertilizer export agreement between Moscow and Kyiv last month — a rare diplomatic breakthrough in a drawn-out war of attrition.

But Zelenskyy, speaking via an interpreter, said more time was needed to see whether other grain shipments would follow.

WATCH | Ukraine grain ship steams toward Lebanon after Istanbul inspection

Ukraine grain ship steams toward Lebanon after Istanbul inspection

12 hours ago

Duration 0:39

The first grain ship to leave Ukraine since the war began cleared a multi-party inspection on Wednesday in Istanbul and then pushed on through the Bosphorus Strait, headed for Lebanon.

“Just recently, thanks to the UN in partnership with Turkey, we had a first ship with the delivery of grain, but it’s still nothing. But we hope it’s a tendency that will continue,” he told the students.

He said Ukraine had to export a minimum 10 million tonnes of grain to urgently help bring down its budget deficit, which was running at $5 billion US a month.

Ukrainian President Volodymyr Zelenskyy appears on a screen at the Australian National University in Canberra as it hosted his online discussion with 21 universities in the country on Wednesday. (Tracey Nearmy/Australian National University/The Associated Press)

U.S. Secretary of State Antony Blinken welcomed the first grain shipment but also said it was “only a first step.”

A senior Turkish official said three ships could leave Ukrainian ports daily after the Razoni’s departure, while Ukraine’s infrastructure minister said 17 more ships had been loaded with agricultural produce and were waiting to set sail.

War ‘almost killing the economy’

Known as Europe’s breadbasket, Ukraine hopes to export 20 million tonnes of grain held in silos and 40 million tonnes from the harvest now underway, initially from Odesa and nearby Pivdennyi and Chornomorsk.

“The war … is almost killing the economy. It’s in a coma,” Zelenskyy added. “Russia’s blocking of the ports is a great loss for the economy.

Zelenskyy has repeatedly warned that Moscow may try to obstruct exports despite signing up to last month’s deal.

Schroeder says Kremlin wants ‘negotiated solution’

Russia, which blockaded Ukraine’s ports after beginning on Feb. 24 what it called “a special military operation,” has said it wants to see more done to facilitate the exports of its own grain and fertilizers. But it has hailed the departure of the first grain ship from Ukraine as positive.

It has denied responsibility for the food crisis, saying sanctions by the West, which regards the war as an unprovoked imperial-style Russian land grab, have slowed Ukraine’s exports.

The exports from Ukraine, one of the world’s top grain producers, are intended to ease price rises and shortages, with famine looming in some parts of the world.

Former German chancellor Gerhard Schroeder, a friend of Russian President Vladimir Putin, said the grain deal might offer a way forward out of conflict.

“The good news is that the Kremlin wants a negotiated solution,” Schroeder told the German publication Stern weekly and broadcasters RTL/ntv on Wednesday, adding he had met Putin in Moscow last week.

“A first success is the grain deal, perhaps that can be slowly expanded to a ceasefire.”

Supermarket, other businesses hit in Mykolaiv

Meanwhile, Russian forces kept up their bombardment of the southern Ukrainian city of Mykolaiv, shelling it on Tuesday night and before dawn on Wednesday, said governor of the Mykolaiv region, Vitaliy Kim.

WATCH | People salvaging what remains after strikes in Mykolaiv

Residents salvaging what remains after strikes in Mykolaiv, Ukraine

6 hours ago

Duration 0:40

Explosions destroyed a supermarket and residential building in Mykolaiv, Ukraine, leaving locals to pick through the rubble of what’s left of their homes. The city’s mayor claimed the strikes were from Russia.

The shelling damaged a pier, an industrial enterprise, residential buildings, a garage co-operative, a supermarket and a pharmacy, Kim said.

Mykolaiv is a southern port city on the Black Sea. The Russians said in April they wanted control over not just eastern, but southern Ukraine, cutting off the country from its Black Sea coast and creating a possible land corridor to the breakaway Moldovan region of Transnistria.

The mayor of Mykolaiv, Oleksandr Sienkevych, told The Associated Press that 131 civilians, including a child, have died so far in the city from Russian rocket and artillery shelling and 590 others were seriously injured, including seven children.

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A timeline of events in the bread price-fixing scandal

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Almost seven years since news broke of an alleged conspiracy to fix the price of packaged bread across Canada, the saga isn’t over: the Competition Bureau continues to investigate the companies that may have been involved, and two class-action lawsuits continue to work their way through the courts.

Here’s a timeline of key events in the bread price-fixing case.

Oct. 31, 2017: The Competition Bureau says it’s investigating allegations of bread price-fixing and that it was granted search warrants in the case. Several grocers confirm they are co-operating in the probe.

Dec. 19, 2017: Loblaw and George Weston say they participated in an “industry-wide price-fixing arrangement” to raise the price of packaged bread. The companies say they have been co-operating in the Competition Bureau’s investigation since March 2015, when they self-reported to the bureau upon discovering anti-competitive behaviour, and are receiving immunity from prosecution. They announce they are offering $25 gift cards to customers amid the ongoing investigation into alleged bread price-fixing.

Jan. 31, 2018: In court documents, the Competition Bureau says at least $1.50 was added to the price of a loaf of bread between about 2001 and 2016.

Dec. 20, 2019: A class-action lawsuit in a Quebec court against multiple grocers and food companies is certified against a number of companies allegedly involved in bread price-fixing, including Loblaw, George Weston, Metro, Sobeys, Walmart Canada, Canada Bread and Giant Tiger (which have all denied involvement, except for Loblaw and George Weston, which later settled with the plaintiffs).

Dec. 31, 2021: A class-action lawsuit in an Ontario court covering all Canadian residents except those in Quebec who bought packaged bread from a company named in the suit is certified against roughly the same group of companies.

June 21, 2023: Bakery giant Canada Bread Co. is fined $50 million after pleading guilty to four counts of price-fixing under the Competition Act as part of the Competition Bureau’s ongoing investigation.

Oct. 25 2023: Canada Bread files a statement of defence in the Ontario class action denying participating in the alleged conspiracy and saying any anti-competitive behaviour it participated in was at the direction and to the benefit of its then-majority owner Maple Leaf Foods, which is not a defendant in the case (neither is its current owner Grupo Bimbo). Maple Leaf calls Canada Bread’s accusations “baseless.”

Dec. 20, 2023: Metro files new documents in the Ontario class action accusing Loblaw and its parent company George Weston of conspiring to implicate it in the alleged scheme, denying involvement. Sobeys has made a similar claim. The two companies deny the allegations.

July 25, 2024: Loblaw and George Weston say they agreed to pay a combined $500 million to settle both the Ontario and Quebec class-action lawsuits. Loblaw’s share of the settlement includes a $96-million credit for the gift cards it gave out years earlier.

Sept. 12, 2024: Canada Bread files new documents in Ontario court as part of the class action, claiming Maple Leaf used it as a “shield” to avoid liability in the alleged scheme. Maple Leaf was a majority shareholder of Canada Bread until 2014, and the company claims it’s liable for any price-fixing activity. Maple Leaf refutes the claims.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:L, TSX:MFI, TSX:MRU, TSX:EMP.A, TSX:WN)

The Canadian Press. All rights reserved.

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S&P/TSX composite up more than 250 points, U.S. stock markets also higher

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TORONTO – Canada’s main stock index was up more than 250 points in late-morning trading, led by strength in the base metal and technology sectors, while U.S. stock markets also charged higher.

The S&P/TSX composite index was up 254.62 points at 23,847.22.

In New York, the Dow Jones industrial average was up 432.77 points at 41,935.87. The S&P 500 index was up 96.38 points at 5,714.64, while the Nasdaq composite was up 486.12 points at 18,059.42.

The Canadian dollar traded for 73.68 cents US compared with 73.58 cents US on Thursday.

The November crude oil contract was up 89 cents at US$70.77 per barrel and the October natural gas contract was down a penny at US2.27 per mmBTU.

The December gold contract was up US$9.40 at US$2,608.00 an ounce and the December copper contract was up four cents at US$4.33 a pound.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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Construction wraps on indoor supervised site for people who inhale drugs in Vancouver

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VANCOUVER – Supervised injection sites are saving the lives of drug users everyday, but the same support is not being offered to people who inhale illicit drugs, the head of the BC Centre for Excellence in HIV/AIDS says.

Dr. Julio Montaner said the construction of Vancouver’s first indoor supervised site for people who inhale drugs comes as the percentage of people who die from smoking drugs continues to climb.

The location in the Downtown Eastside at the Hope to Health Research and Innovation Centre was unveiled Wednesday after construction was complete, and Montaner said people could start using the specialized rooms in a matter of weeks after final approvals from the city and federal government.

“If we don’t create mechanisms for these individuals to be able to use safely and engage with the medical system, and generate points of entry into the medical system, we will never be able to solve the problem,” he said.

“Now, I’m not here to tell you that we will fix it tomorrow, but denying it or ignoring it, or throw it under the bus, or under the carpet is no way to fix it, so we need to take proactive action.”

Nearly two-thirds of overdose deaths in British Columbia in 2023 came after smoking illicit drugs, yet only 40 per cent of supervised consumption sites in the province offer a safe place to smoke, often outdoors, in a tent.

The centre has been running a supervised injection site for years which sees more than a thousand people monthly and last month resuscitated five people who were overdosing.

The new facilities offer indoor, individual, negative-pressure rooms that allow fresh air to circulate and can clear out smoke in 30 to 60 seconds while users are monitored by trained nurses.

Advocates calling for more supervised inhalation sites have previously said the rules for setting up sites are overly complicated at a time when the province is facing an overdose crisis.

More than 15,000 people have died of overdoses since the public health emergency was declared in B.C. in April 2016.

Kate Salters, a senior researcher at the centre, said they worked with mechanical and chemical engineers to make sure the site is up to code and abidies by the highest standard of occupational health and safety.

“This is just another tool in our tool box to make sure that we’re offering life-saving services to those who are using drugs,” she said.

Montaner acknowledged the process to get the site up and running took “an inordinate amount of time,” but said the centre worked hard to follow all regulations.

“We feel that doing this right, with appropriate scientific background, in a medically supervised environment, etc, etc, allows us to derive the data that ultimately will be sufficiently convincing for not just our leaders, but also the leaders across the country and across the world, to embrace the strategies that we are trying to develop.” he said.

Montaner said building the facility was possible thanks to a single $4-million donation from a longtime supporter.

Construction finished with less than a week before the launch of the next provincial election campaign and within a year of the next federal election.

Montaner said he is concerned about “some of the things that have been said publicly by some of the political leaders in the province and in the country.”

“We want to bring awareness to the people that this is a serious undertaking. This is a very massive investment, and we need to protect it for the benefit of people who are unfortunately drug dependent.” he said.

This report by The Canadian Press was first published Sept. 18, 2024.

The Canadian Press. All rights reserved.

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