Futures on corn and wheat fell immediately. Macron-Erdogan phone call today
Eliseo, today a Macron-Erdogan phone call
French President Emmanuel Macron will speak on the phone today with Turkish leader Recep Tayyip Erdogan, who threatens to veto the entry of Finland and Sweden into NATO in the midst of the Ukrainian crisis. The interview will be held at 11.30, the Elysée announced. Yesterday Ankara, after receiving the delegations of diplomats from the two Scandinavian countries, warned that he would not consent to the accession of Sweden and Finland without having obtained “concrete measures” regarding his security concerns. The two Nordic countries, in particular Sweden, which has a large community of Turkish refugees, are accused of hosting Kurdish militants from the PKK, the Kurdistan Workers’ Party, which Ankara considers a terrorist organization, as well as supporters of the preacher Fethullah Gülen. , which he suspects of orchestrating the July 2016 coup attempt.
Moscow, safe corridor for ships leaving the Black Sea ports
The Russian Defense Ministry has promised to open a safe corridor to allow foreign ships to leave the Black Sea ports. A separate corridor will be opened to allow ships to leave Mariupol by sailing from the Azov Sea port to the Black Sea. Colonel General Mikhail Mizintsev, who heads the National Defense Control Center, said 70 foreign ships from 16 countries are now located in six Black Sea ports, including Odessa, Kherson and Mykolaiv. Mizintsev said, reported by the Interfax agency, that the corridors would remain open every day. As a result, US corn and wheat futures quickly fell in hopes that blocked grain supplies from the Black Sea region could start moving.
What happened on May 25, summarized
Russian President Vladimir Putin is looking to strengthen his control over southern Ukraine by offering residents of two regions a quick path to Russian citizenship. Meanwhile, Moscow lawmakers have passed a bill to strengthen the Russian army, which is fighting an intense battle for Ukraine’s east. Putin yesterday visited a military hospital in Moscow and met some wounded Russian soldiers in Ukraine. Three months after the start of the war, Russian rockets hit the cities of the Donbas industrial region. Ukrainian Foreign Minister Dmytro Kuleba said the situation was “extremely bad”, and that the peace negotiations “are leading nowhere”. Ukrainian President Volodymyr Zelensky reiterated that he would be willing to negotiate directly with Putin, but said that Moscow must withdraw to the positions he held before the February 24 invasion.