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October 3, 2024
The Planning Ministry announced on Thursday that Egypt's GDP grew by 2.4% during the fourth quarter 2023/24, bringing its annual growth to 2.4%. This is down from the 3.8% growth rate a year ago. The Planning Ministry attributed this slowdown to geopolitical tensions…
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October 3, 2024
Kazakh officials announced on Thursday that Kazakhstan had halted its grain exports to Russia. They also said they asked Moscow to prove the claims of having violated plant health rules, which Moscow cited as the reason for a ban on imports and transits of Kazakh grain.
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October 3, 2024
A local official reported that at least 60 people died after a boat capsized in northern Niger State, Nigeria. The boat was carrying mostly women and young children who were returning from a religious celebration. Jibril Abdullahi Muregi said…
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October 3, 2024
Chicago wheat futures slowed down in the early hours of trading on Thursday after reaching 3-1/2-month highs, as supply concerns were sparked by a drought in Russia's top producer and a drone strike on a Ukrainian port. Corn futures were close to their three-month high…
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October 2, 2024
Two sources who have direct knowledge of this matter said that Egypt's state grain buyer had agreed to one of its largest direct wheat contracts for monthly supplies between November and April. One source said that the wheat would be delivered to the General Authority for Supply Commodities…
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October 2, 2024
Britain put pressure on Italy to challenge for the America's Cup by winning two close races in "knife-edge" sea conditions on Wednesday. The British team was just one point away from winning the Louis Vuitton Cup first-to-7 series. Both AC75…
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October 2, 2024
On Wednesday, Britain won a close quarters battle against Italy to gain a series lead of 5-4. Ben Ainslie, the British co-helm of both AC75 "foiling" boats that bounced around in rough seas near Barcelona, said they were trying to stay on their hydrofoils while being on a knife edge.
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October 2, 2024
The government announced on Wednesday that Egypt had increased its local wheat purchase price by 10%, to 2,200 Egyptian pound ($45.51), per 150 kilograms (ardeb). Hossam El Gahary, vice-chairman of the General Authority for Supply Commodities and state buyer…
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October 2, 2024
European traders claim that Jordan's state grain purchaser is not believed to have purchased any barley in the international tender for animal feed barley, which closed on Tuesday. Viterra, Bunge Ameropa, and Al Dahra are believed to have participated. The prices offered were not disclosed.
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October 2, 2024
According to traders, four trading companies have so far participated in the international bid of Jordan's state grain buyer for up to 120,000 tons animal feed barley to be purchased on Wednesday. Traders said that Viterra, Bunge Ameropa, and…
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October 2, 2024
The SailGP team announced on Wednesday that Greg Bailey, an entrepreneur from Canada, had acquired the Canadian catamaran. Giles Scott is the British skipper. Scott's move is a major break for the two-time Olympic gold medalist, who replaced Ben Ainslie…
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October 2, 2024
European traders reported on Wednesday that the Algerian state agency ONAB had issued an international tender for up to 320,000 tons of animal feedcorn sourced only from Argentina or Brazil. They said that the deadline for submitting price offers to the tender is Thursday October 3.
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October 2, 2024
Ukraine exported 207,000 tons of barley to Ukraine in September, and the union of Ukrainian farmers UAC predicted that this volume will likely be maintained in October. Ukraine has a long history of barley production and export. UAC stated in…
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October 2, 2024
The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from optional origins. The deadline to submit price proposals in the tender is October 8. Traders had expected a new announcement after Jordan failed to purchase 120…
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October 2, 2024
German task group commander, who led the German Navy ships through the Taiwan Strait in October, said that the Chinese vessels were very attentive and sent repeated radio messages to the German Navy ships, but they did not engage in any unsafe behavior.
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October 1, 2024
CNBC, citing a spokesperson for the company, reported Tuesday that Danish drugmaker Novo Nordisk had mitigation plans in place in order to minimize or avoid any disruption in its production caused by sea port strikes in United States. Reports…
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October 1, 2024
Officials at the U.S. Federal Reserve were also shocked by the COVID-19 pandemic, which has caused a massive disruption to global supply chains. They thought that the impact of backed-up container ships and disrupted ports would only cause "temporary" inflation.
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October 1, 2024
The Pentagon fears that the base will be used by the Chinese to establish an outpost in Cambodia. Sun Chanthol, the Deputy Prime Minster of Cambodia, told an event organized by a Washington think-tank that military from any country could visit the port after the base was completed.
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October 1, 2024
Francesco Bruni and Jimmy Spithill joke about being in a "couple" because their relationship is so intense. They share the steering of an Italian AC75, where they hope to compete against New Zealand for America's Cup. The pair were the first to use a 'co-helming' setup for the new…
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October 1, 2024
The AC75 boat of Italy took a dramatic and high-speed nosedive in the latest race between Britain and their America's Cup Challengers on Tuesday. This caused damage to their carbon fiber decking, and gave their opponents an advantage and a 4-3 win.
