India has imported an extra 27,000 tonnes of non-genetically modified (GM) corn from Ukraine at $205 a tonne, including cost, insurance and freight, three trade sources said on Thursday, to offset a shortage triggered by pest infestations and dry weather. Earlier this year, the country imported 57,000 tonnes of corn, free of GM organisms, from Ukraine, in what was the country's first overseas purchase since 2016. The latest purchase takes this year's total imports to 84,000 tonnes, the sources said.
The escalating trade war between the United States and China will overshadow all other news coming out on Europe's economy today after Donald Trump increased tariffs on $200 billion worth of Chinese goods this morning, prompting threats of retaliation from Beijing. France's finance minister has warned the dispute represents the single biggest risk to the world economy, and it is hard not to agree that this makes Brexit, Italian debt overload and other euro zone worries look like very local matters. With somewhat ironic timing, German trade data out today showed that exports rose unexpectedly in March.
The Russian capital woke to the sound of music played every May 9, the day this country marked as the end of World War II. "This is our Victory Day. Adolph Hitler's invasion of the Soviet Union in 1941, "Operation Barbarossa," was answered with ferocious resistance that, through long years of combat and sieges, cost tens of millions of lives. But most of Europe dates the beginning of the war to 1939, partly because of a nonaggression pact that Soviet dictator Joseph Stalin made with Hitler that opened the way for him to invade Poland.
Raheem Sterling is planning a short documentary on his childhood in London to help young people growing up in the capital. The Manchester City and England star, who grew up in Harlesden before moving to Liverpool aged 15, has become an inspiration to millions and says he wants to "give the next generation hope". Speaking after collecting his Football Writers' Footballer of the Year award, Sterling said: "I am thinking of doing a small documentary just on my life experiences in London and trying to give kids an insight into what I and my friends are going through.
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