A blast at a fireworks company outside of Moscow injured at least 56 people at the site of a plant controlled by the Rostec industrial and defense holding known for making optical-electronic equipment used by the military.
(Bloomberg) — A blast at a fireworks company outside of Moscow injured at least 56 people at the site of a plant controlled by the Rostec industrial and defense holding known for making optical-electronic equipment used by the military.
Turkish President Recep Tayyip Erdogan said he aims to revive and expand the scope of the deal that allowed Ukraine to export grain via the Black Sea, calling on Western countries to help turn the initiative into a basis for peace.
Germany said it has delivered arms, including two Patriot air-defense systems, to Ukraine. Also, German defense company Rheinmetall AG bought about 30 Leopard 1 A5 battle tanks from a Belgian company on behalf of the German government as part of a package of military hardware for Ukraine unveiled at last month’s NATO summit.
- Blast Injures Dozens at Rostec Optics Plant Site Near Moscow
- Rheinmetall Buys About 30 Leopard 1 Battle Tanks for Ukraine
- Bank of Russia Halts FX Buys as Ruble Slumps Near 100 to Dollar
- Turkey Seeks ‘Expanded’ Grain Deal as Step to Peace in Ukraine
- Russia Moves to Boost Army Near Europe After NATO Expansion
The Bank of Russia announced it will halt purchases of foreign currency on the domestic market for the rest of 2023 in an effort to help the ruble as the currency slumped toward 100 per dollar, its weakest in 16 months.
Wheat edged lower after spiking earlier in the week due to concerns over escalating hostilities between Ukraine and Russia in the Black Sea over the weekend.
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