Germany takes 30% stake in Uniper under bailout deal
The German government has agreed to bail out gas firm Uniper with a 15-billion-euro ($15.24 billion) rescue deal.
Uniper, the first in Germany to sound the alarm over soaring energy bills, submitted a bailout application for government support earlier this month.
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—Katrina Bishop
Zelenskyy hints at Turkey grain deal
In this photo illustration, a screen showing president of Ukraine Volodymyr Zelenskyy's speech before the members of the international tribunal in The Hague. He accused the Russian authorities of war crimes and international terrorism.
Igor Golovniov | Lightrocket | Getty Images
In his regular nightly address Thursday, Ukrainian President Vlodymyr Zelenskyy hinted at the prospect of a deal in Istanbul later on Friday.
"Tomorrow we also expect news for our state from Turkey — regarding the unblocking of our ports," he said.
Millions of tons of wheat has been stuck in the country. Ukraine is one of the world's biggest wheat exporters, and Russian forces have been blocking the Black Sea, where the grain silos at key Ukrainian ports are located.
—Matt Clinch
Turkey says Russia and Ukraine are close to signing grain export deal
A farm implement harvests grain in the field, as Russian-Ukrainian war continues in Odesa, Ukraine on July 04, 2022.
Metin Aktas | Anadolu Agency | Getty Images
A U.N.-backed deal to resume exports of Ukrainian grain could be signed on Friday, easing a global food crisis caused by the conflict in Eastern Europe.
The signing is reportedly due to be held at Istanbul's Dolmabahce Palace in Turkey, with the spokesperson for Turkish President Recep Tayyip Erdogan telling reporters Thursday that Russia and Ukraine had come to an agreement.
International onlookers are cautious on the deal and Russia will be closely watched to make sure it upholds its side of the agreement. Grain exporters in the Ukrainian port city of Odesa have been unable to export their goods due to the war, fueling a global shortage of the commodity and pushing up food prices.
The agreement will reportedly allow Ukrainian vessels to guide ships through mined waters, with a localized truce in place so Russia does not attack. Turkish officials are also expected to inspect the shipments to rule out any weapons smuggling.
Moscow, which blames Ukraine for laying the mines, is also expected to restart its own grain exports in the Black Sea under the agreement.
—Matt Clinch
Russia deliberately weaponized food in Ukraine, State Department says
Russian President Vladimir Putin gives a speech in front of the monument "Fatherland, Valor, Honor" near the headquarters of the Foreign Intelligence Service of the Russian Federation (SVR), in Moscow, Russia June 30, 2022.
Aleksey Nikolskyi | Kremlin| Sputnik | via Reuters
The State Department slammed Russian attacks on Ukrainian agricultural facilities and a months-long blockade on foodstuff exports.
For months, Russian warships have blocked Ukrainian ports on the Sea of Azov and the Black Sea.
"To date, Russia has weaponized food during this conflict. They have destroyed agricultural facilities they prevented millions of tons of Ukrainian grain from getting to those who need it," State Department spokesman Ned Price said during a daily press briefing.
"It is a reflection of Russia's disregard for lives and livelihoods not only in the region but well beyond that," he added.
Price's comments come on the heels of an announcement that the United Nations, Turkey, Russia and Ukraine will soon sign an agreement that will usher in a sea corridor for Ukrainian grain exports.
"We should never have been in this position in the first place. This was a deliberate decision on the part of the Russian Federation to weaponize food," Price said.
— Amanda Macias
Ukraine's first lady meets with HP representatives and accepts computers for students
Ukrainian First Lady Olena Zelenska arrives to give an address to members of the United States Congress at the US Capitol in Washington, DC, on July 20, 2022.
Michael Reynolds | AFP | Getty Images
Ukraine's first lady Olena Zelenska met with representatives from HP and the Global Business Coalition for Education this week to accept a donation of computers for children, students and healthcare providers in Ukraine.
"We are very grateful for HP's and the Global Business Coalition for Education's support," Zelenska wrote in a statement about the $30 million HP initiative. "Their efforts and contribution will help students in Ukraine and beyond continue learning and prepare for the future, like any other youth in the world," she added.
Enrique Lores, CEO of HP, said that the Palo Alto-based company would continue to mobilize tech resources for Ukraine.
"Through our partnership with the Global Business Coalition for Education, we will put personal computers in the hands of students and families who have been displaced from their homes and classrooms," Lores wrote in a statement.
— Amanda Macias
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Russia-Ukraine expected to sign grain export deal; U.S. says Moscow deliberately weaponized food - CNBC
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