SOCHI, Russia - Top U.S. and Russian officials said they hoped to work together on contentious issues such as the conflicts in Ukraine and Syria but offered no sign of concrete progress after more than eight hours of talks on Tuesday.
Arshad Mohammed and Denis Dyomkin
May 13, 2015
LIPETSK, Russia - The fortunes of the Russian outpost of Ukrainian President Petro Poroshenko's candy empire have ebbed and flowed with the Russian-backed separatist conflict in the east of his country.
MOSCOW - Russia will take a decision by mid-May on removing a tax on wheat exports ahead of schedule and will set up a new mechanism in case it needs to act quickly to regulate trade in the future, a senior government official said on Wednesday.
MOSCOW - The Russian government could consider removing Greece, Hungary and Cyprus from its ban on most Western food imports, Russian Agriculture Minister Nikolai Fyodorov was quoted as saying on Tuesday.
LONDON - U.S. wheat prices rose to a two-week high on Tuesday, boosted by concern about dry weather in both the United States and Russia, while soybeans fell to their lowest level since early February.
European Union grain exporters will be the main beneficiaries of Russia’s pullback from international grain markets as Moscow races to cool domestic prices in the face of economic crisis, analysts and traders say.
The European Commission announced financial support for exporters of dairy products hit by Russia’s ban on Western food imports, adding to emergency measures already taken to help fruit and vegetable producers.
European Agriculture Commissioner Dacian Ciolos said on Thursday he would announce measures as early as next week to help support producers of perishable fruit and vegetables following Russia’s ban of most EU food imports.
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