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News July 17: The Russian Federation withdrew from the grain agreement, business improved inflation expectations

News July 17: The Russian Federation withdrew from the grain agreement, business improved inflation expectations

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About the “grain deal”. On July 17, Kremlin spokesman Dmitry Peskov announced the suspension of the “grain agreement”.

Turkish President Recep Tayyip Erdogan believes that the Russian president actually wants the extension of the so-called “grain agreement” and will talk to him about it.

The President of Ukraine, Volodymyr Zelenskyy, said that Ukraine is ready to continue the “grain agreement” without Russia and will send appropriate signals to the mediators of the agreement – the UN and Turkey.

About purchases for budget funds. The leader of the “Servant of the People” faction in the Verkhovna Rada, David Arakhamiya, called on the local authorities to review the priorities of purchases with budget funds for priority needs and warned that the Rada may limit their use during the period of martial law.

About business. Heads of Ukrainian companies who took part in the National Bank’s traditional survey on the business expectations of enterprises in the II quarter of 2023 improved their expectations regarding the level of devaluation of the hryvnia and inflation in Ukraine over the next 12 months.

About rubber aid from the USA. The head of the US Agency for International Development (USAID), Samantha Power, during her visit to Kyiv on Monday, will announce the allocation of more than 500 million dollars for humanitarian aid to Ukraine.

About electricity. On Sunday, July 16, for the first time, Ukraine imported electricity from Poland through the interstate power transmission line, which was updated in May.

Exclusive EP

Chips per trillion: how Nvidia became the main manufacturer of “iron” for artificial intelligence

Where did the history of Nvidia begin and how the first chip almost buried the company whose microcircuits are now used by everyone who works with artificial intelligence.

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