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Collapse Of Ukraine Grain Deal To Have Medium-term Impact

The collapse of the Black Sea export corridor, which allowed the export of more than 32 million tonnes of Ukrainian grain over the past year, should have little immediate impact but over the medium term create market tension and push up food prices.

Global Debt Dominates G20 Finance Talks

G20 finance ministers and central bank chiefs opened talks Monday on debt restructuring deals, multilateral bank reform and finance to tackle climate change, as they aim to bolster a sagging global economy.

Japan PM In UAE To Pitch Green Technology Ahead Of COP28

Japanese Prime Minister Fumio Kishida arrived in the UAE on Monday to discuss cooperation on clean hydrogen, ammonia and recycled carbon fuels ahead of this year's UN climate talks in Dubai. Kishida flew in from Saudi Arabia, where he met de facto leader Crown Prince Mohammed bin Salman on Sunday. After talks with UAE President Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi, he will head to Qatar on Tuesday. Japan relies almost entirely on imports for its crude oil, with Saudi Arabia, the UAE and Qatar accounting for the bulk of its supplies.

Azerbaijan, Armenia Hold Talks, Russia Proposes Moscow Summit

Azerbaijan and Armenia held a fresh round of EU-mediated peace talks Saturday, while Russia offered a summit in Moscow in a bid to reassert its lead role in the normalisation process. Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan met in Brussels for talks aimed at resolving their decades-long conflict for the control of Armenian-populated Karabakh. European Council President Charles Michel, who mediated the discussions, said the exchanges were "frank, honest and substantive".

Turkey Quake Survivors' Latest Menace -- Dust

The excavator tore into the remnants of the damaged building in southeast Turkey, bringing it crashing down into a cloud of dust -- the latest menace facing survivors of the deadly February quake that ravaged the region.

China's Economy Grew 6.3% On-year In Second Quarter

China's economy grew 6.3 percent year on year in the second quarter, a figure that belies the country's slowing post-pandemic recovery and one that analysts warn is inflated given the low base of comparison with lockdown-wracked 2022.

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