Putin Says Ukraine Grain Deal Mostly Helping Rich EU

Russian President Vladimir Putin attends the plenary session of the First Eurasian Economic Forum in Bishkek, via video link from Moscow, Russia May 26, 2022. Sputnik/Mikhail Metzel/Pool via REUTERS
Russian President Vladimir Putin attends the plenary session of the First Eurasian Economic Forum in Bishkek, via video link from Moscow, Russia May 26, 2022. Sputnik/Mikhail Metzel/Pool via REUTERS
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Putin Says Ukraine Grain Deal Mostly Helping Rich EU

Russian President Vladimir Putin attends the plenary session of the First Eurasian Economic Forum in Bishkek, via video link from Moscow, Russia May 26, 2022. Sputnik/Mikhail Metzel/Pool via REUTERS
Russian President Vladimir Putin attends the plenary session of the First Eurasian Economic Forum in Bishkek, via video link from Moscow, Russia May 26, 2022. Sputnik/Mikhail Metzel/Pool via REUTERS

Russian President Vladimir Putin said Wednesday that "almost all" the Ukrainian grain shipped under a UN-backed deal to ease a global food crisis was reaching rich European nations, an accusation denied by Kyiv.

Data compiled by a joint center in Istanbul monitoring the July agreement showed slightly more than a third of the grain delivered to European countries and another 20 percent arriving in Türkiye, AFP said.

It also showed 30 percent reaching "low and lower-middle income countries" across the world.

More shipments are expected to start arriving in famine-stricken parts of Africa and the Middle East under the UN World Food Program (WFP) whose implementation is just getting underway.

But Moscow has voiced growing frustration with how the agreement was being applied.

An amendment to the deal also allowed Russia to get open access to fertilizer shipments and have some economic sanctions lifted to allow it to export its own grain.

The United Nations hailed the deal as the world's best chance to ease an acute global food crisis stoked by the Black Sea grain blockade.

But Putin said its current implementation was helping richer European countries at the expense of the developing world.

"Almost all the grain exported from Ukraine is sent not to the poorest developing countries, but to EU countries," he told an economic forum in Russia's Pacific port of Vladivostok.

Ukraine's Foreign Minister Dmytro Kuleba denied Putin's claim, saying "in total, two-thirds of the ships sent are directed to Asia, Africa, and the Middle East".

He said recovery of Ukrainian food exports through the "grain corridor" had a positive effect on the reduction of prices as in August, after first shipments completed, wheat prices fell by at least five percent.

Ukraine and Russia are two of the world's biggest exporters of wheat and other grain.

- 'Colonialists' -
Putin accused European countries of acting as "colonialists" and said they "once again simply deceived developing countries".

"With this approach, the scale of food problems in the world will only grow," Putin said.

"Maybe we should think about limiting the export of grain and other produce along this route?" Putin asked.

The July agreement brokered with the help of Türkiye is valid for 120 days and may be automatically renewed without further negotiations.

But it requires both Moscow and Kyiv to sign off on an extension.

Data compiled as of Wednesday and released to AFP showed Türkiye receiving the largest share of the grain -- 20 percent -- followed by Spain (15 percent) and Egypt (10 percent).

But much of the grain that reaches Türkiye and some other destinations is then re-sold under commercial agreements not monitored by the Istanbul center.

A separate famine relief effort spearheaded by WFP is focused on delivering wheat and maize to Africa and other areas suffering shortages.

US officials dismissed Putin's remarks as untrue and noted that some grain sent to Europe was then processed for poor nations.

"Maybe the deal is working better than expected and Ukrainians are benefiting more from this than he had hoped in terms of the revenues going to Ukraine," the official said on condition of anonymity.

"I think he may have multiple motives here. He doesn't want to help Ukrainians, he would love to get a better deal," she said.

- Drought -
The first UN-chartered vessel docked in Djibouti on August 30 as part of a response to the drought gripping the Horn of Africa.

A second UN ship reached Türkiye last week. The wheat is now being milled into flour and will then be loaded onto a new vessel and sent to Yemen at an undisclosed date.

"A third WFP-chartered vessel is today anchored at Istanbul planning to head to Ukraine and collect a further shipment of wheat," the Istanbul center said.

Putin said he hoped "the situation will improve somehow".

"We will continue insisting that this whole affair with the export of grain and our food be directed primarily to developing markets," he said.



US Treasury Chief Blames Commerce Dept for Failure in Nvidia Scandal

 US Treasury Secretary Scott Bessent speaks during the National Committee on US-China Relations 60th Anniversary Gala Dinner in New York City, US, November 10, 2026. (Reuters)
US Treasury Secretary Scott Bessent speaks during the National Committee on US-China Relations 60th Anniversary Gala Dinner in New York City, US, November 10, 2026. (Reuters)
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US Treasury Chief Blames Commerce Dept for Failure in Nvidia Scandal

 US Treasury Secretary Scott Bessent speaks during the National Committee on US-China Relations 60th Anniversary Gala Dinner in New York City, US, November 10, 2026. (Reuters)
US Treasury Secretary Scott Bessent speaks during the National Committee on US-China Relations 60th Anniversary Gala Dinner in New York City, US, November 10, 2026. (Reuters)

US Treasury Secretary Scott Bessent on Friday blamed the Commerce Department for failing to blacklist Megaspeed, the Singapore company at the center of a scandal that prompted Nvidia chief executive Jensen Huang to resign.

Speaking on CNBC, Bessent said Treasury, the Defense Department, the US Trade Representative's office and the State Department had backed adding Megaspeed to the Washington's trade blacklist, "for months."

"But Commerce has the pen," Bessent said. "You will have to ask them about their internal processes."

He said he was "frustrated" because President Donald Trump "made it very clear that China should not receive any Nvidia chips above H100s."

"Any leakage is very frustrating because it hurts our great companies, and in the AI race gives the Chinese an advantage," he said.

The remarks are a rare public rebuke of one cabinet department by another. Commerce is led by Secretary Howard Lutnick.

Megaspeed is suspected of helping Chinese firms get around US export controls by buying Nvidia chips for its data centers in Southeast Asia and routing them to China.

The company reportedly traded more than $4 billion worth of Nvidia chips over two years.

Its former director Alice Huang was this week identified in US media as an alleged Chinese intelligence asset who had a relationship with Jensen Huang. The two are not related. Beijing has denied the spying allegations.

Jensen Huang acknowledged an extramarital affair in a November 8 letter to Nvidia employees that did not name the woman involved and resigned his position on Thursday.

Nvidia's board has said it will investigate, and three US Congress committee chairs have asked him to attend a closed-door briefing on November 18.

Bessent said coverage of the affair had focused too much on Huang's private life.

"The story thus far has been on Jensen Huang's personal foibles," he said. "The real story here should be: Did Nvidia know their client, and was there a robust effort at Nvidia to make sure that there was no leakage."

He questioned whether Nvidia had been selling to "what were obviously pass-through shell companies."

"I think it's important that anyone at the company there be held accountable for that," Bessent said.

He said there was "a lot of leakage in the system" and that the administration was "constantly working to close that down."


UN Chief Urges Drastic Emissions Cuts as COP31 Wrestles with Fossil Fuels

UN Secretary-General Antonio Guterres speaks at a press conference on the fifth day of the COP31 annual UN climate conference in Antalya, Türkiye, 13 November 2026. (EPA)
UN Secretary-General Antonio Guterres speaks at a press conference on the fifth day of the COP31 annual UN climate conference in Antalya, Türkiye, 13 November 2026. (EPA)
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UN Chief Urges Drastic Emissions Cuts as COP31 Wrestles with Fossil Fuels

UN Secretary-General Antonio Guterres speaks at a press conference on the fifth day of the COP31 annual UN climate conference in Antalya, Türkiye, 13 November 2026. (EPA)
UN Secretary-General Antonio Guterres speaks at a press conference on the fifth day of the COP31 annual UN climate conference in Antalya, Türkiye, 13 November 2026. (EPA)

UN Secretary-General Antonio Guterres on Friday called for an "immediate and drastic reduction" in greenhouse gas emissions, as divisions over fossil fuels dominated the first week of COP31 climate talks in Türkiye.

Big fossil fuel producers and consumers at the talks are resisting any deal that would specify firm new targets or a shift away from oil, gas and coal, observers said as the first week of talks drew to a close.

That poses a challenge for summit host Türkiye and lead negotiator Australia, which have another week to land the kind of ambitious agreement climate advocates such as Guterres say is needed.

"The central question is in the hands of member states, particularly the big emitters. They must recognize the need for an immediate and drastic reduction in emissions to keep the 1.5 goal still possible by the end of the century," he said, referring to the warming limit countries had agreed to ‌pursue under the 2015 ‌Paris Agreement.

A UN report last month found the world is on course to exceed ‌the 1.5 ⁠degrees Celsius (2.7 ⁠degrees Fahrenheit) warming threshold, a limit scientists say should prevent the worst effects of climate change.

As temperatures have risen, this year has been marked by extreme heatwaves across Western Europe and a glacier collapse in Nepal that triggered a flood that killed more than 1,450 people. Thousands more are still missing.

'DISPROPORTIONATE INFLUENCE'

Major oil producers have traditionally resisted language constraining fossil fuels, while large developing economies such as India have opposed measures they say could limit their development and energy choices, a dynamic that has compromised the outcomes of past deals.

The world’s biggest oil consumer, the United States, meanwhile, has skipped the talks for the second year ⁠in a row under President Donald Trump, who has called global warming a hoax and promoted ‌continued use of fossil fuels.

"We must confront the disproportionate influence of the fossil ‌fuel lobby. The future of our planet cannot be negotiated on the terms of those profiting from its destruction," said Guterres, who is leaving ‌his job at the end of December after two five-year terms.

"But I remain hopeful. I've also seen something extraordinary over ‌these 10 years. Renewable energy has moved from the margins to the mainstream. The economics have changed. The technology has advanced. A cleaner, safer, and more secure energy future is in our hands. The question is whether we have the courage and speed to reach for it."

ELECTRIFICATION AND NO FIRM TARGETS

COP31 host Türkiye is striving to place a proposal to expand global electrification at the center of an eventual deal, saying the ‌plan will lead to emissions cuts by speeding the shift away from fossil fuel-powered cars, boilers and other equipment.

The proposal does not require the increased electricity use to come ⁠from renewable sources, although some ⁠countries, including last year’s COP host Brazil, are advocating for progress on a plan to require countries to more clearly map out their transition away from fossil fuels.

Katrine Petersen, an observer for the non-governmental organization E3G, said whether those measures survive the talks depends on conversations in the days to come.

"We've also heard quite clearly from countries like India, the G77, that they don't want any firm targets. They don't want any kind of technology or fuel-specific language," she said. "(These are) the kind of consistent and ongoing divides that we've seen from those different parties before."

Diana Acconcia, head of the EU delegation, said Europe backed the electrification goal.

"Electrification is, in a way, an inclusive agenda because it is non-prescriptive in a way on how the electrification is achieved," she said. "Of course, for the European Union electrification is to be achieved by clean sources of energy."

The Australian team, which is leading negotiations under a split presidency arrangement, spent the first few days of the summit gathering views on what should be included in a political text agreed by consensus that will be followed by all the negotiated technical points.

Australia is taking further submissions from countries until Saturday night, with a view to formulating a draft text early next week.


Europe’s Security Cannot Be Part of Ukraine Peace Talks, EU Leaders Say

13 November 2026, Ireland, Dublin: German Chancellor Friedrich Merz speaks during a press conference on the sidelines of the EU summit at the Convention Centre in Dublin. (dpa)
13 November 2026, Ireland, Dublin: German Chancellor Friedrich Merz speaks during a press conference on the sidelines of the EU summit at the Convention Centre in Dublin. (dpa)
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Europe’s Security Cannot Be Part of Ukraine Peace Talks, EU Leaders Say

13 November 2026, Ireland, Dublin: German Chancellor Friedrich Merz speaks during a press conference on the sidelines of the EU summit at the Convention Centre in Dublin. (dpa)
13 November 2026, Ireland, Dublin: German Chancellor Friedrich Merz speaks during a press conference on the sidelines of the EU summit at the Convention Centre in Dublin. (dpa)

EU leaders said on Friday that Europe's security structure should not be a subject for Ukraine-Russia peace negotiations, but they did not answer the question of who should speak for Europe in any future talks.

The Kremlin said on Friday that Russia would be open to European countries taking part in Ukraine peace talks if it saw they were ready to contribute to the peace process.

German Chancellor Friedrich Merz described the Kremlin's comments as "the same old game" and said that Europe and the United States agreed on a clear message.

"There will be no discussions about ‌Ukraine without ‌Ukraine, and no discussions about Europe without Europe. Furthermore, there is no need ‌to ⁠talk about European ⁠security architecture. We have that already," Merz told reporters during a summit of European Union leaders in Dublin.

Russian officials have called for a broad agreement on Europe's security architecture to be reached before tackling the specifics of the war. Before its invasion of Ukraine in 2022, Russia demanded the withdrawal of NATO forces from countries that joined the alliance after 1997. NATO rejected the demand.

US negotiator Jared Kushner said in Moscow on Thursday that he had begun discussions with European partners on ⁠the continent's security architecture.

EUROPE PRIORITIZES CEASEFIRE IN RUSSIA-UKRAINE WAR

EU foreign policy chief ‌Kaja Kallas said Russian calls for discussions about Europe's ‌security architecture risked diverting attention from the need for a ceasefire. Latvian Prime Minister Andris Kulbergs called such ‌discussions "a trap".

During a meeting on Thursday, leaders from Poland, the Baltics and Nordic states warned ‌against brainstorming with the US or Russia about Europe’s security architecture, according to a European diplomat and a European official.

Forty European countries, meeting as a broader group in Dublin on Thursday, signed a declaration saying that any matter affecting European security should be decided with the involvement of Europeans.

EU leaders broadly agreed that Europe ‌needed to speak with one voice, but did not settle on a single individual to do so. Merz said discussions would continue.

"There are ⁠established institutional forms ⁠of (EU) representation — Kaja Kallas, for instance, is part of this — but the E3 format has also proven very effective," he said, in reference to an informal security grouping of France, Germany and Britain, which is no longer an EU member but a prominent NATO ally.

"Moreover, we always include Italy and Poland," Merz added.

Representatives from Britain, France, Germany, Italy and the EU attended Russia-Ukraine talks in Abu Dhabi earlier this week, where both Moscow and Kyiv cited some progress, though there was no sign of a breakthrough on key issues such as territory.

Swedish Prime Minister Ulf Kristersson said Britain, one of Europe's top three military powers, certainly had to be included in any future talks and that the five countries plus EU institutions would make sense.

"I'm quite flexible on that, so I think what we actually say is more important than the exact configuration of the people in the room," he said.