Russia has earned a record $125 million from grain supplies to China. According to the statistics Department of China, grain imports from Russia increased by 1.7 times. Usually, China purchases barley and buckwheat from the Russian Federation. The only crop whose supplies were reduced was corn. Experts say that this is due to the redirection of supplies to other countries and an increase in domestic demand in Russia. The European Union has reduced imports of Ukrainian grain by more than 20%. Shipments decreased by 2 million tons in February. This is the first reduction since October last year, when there were mass protests by farmers in the EU. Qiwi will incur losses of 22 billion rubles in 2024 due to the sale of assets in Russia. The company reported a loss of 14.4 billion rubles from the sale of Russian assets at a discount in 2023. An even bigger loss of 22.7 billion is expected this year. After the sale, the company plans to maintain its presence on the Nasdaq American stock exchange. The Venezuelan president called the provision of US military assistance to Ukraine «immoral.» According to President Maduro, the problems of migration and hunger are a higher priority for the United States than armed conflicts. In addition, the allocated $95 billion does not contribute to the ceasefire. More than 200 earthquakes have occurred in Taiwan in the last 24 hours. The largest chip manufacturer TSMC has suspended production again. In addition, China has experienced the largest flood in 50 years and 127 million people are in the danger zone.
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