Ukraine Ships Food, Metal to Europe and Asia via New Route

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Ukraine Ships Food, Metal to Europe and Asia via New Route
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(Bloomberg) -- Ukraine’s commodities are again heading directly to traditional buyers across Europe and Asia via its new shipping corridor in the Black...

-- Ukraine’s commodities are again heading directly to traditional buyers across Europe and Asia via its new shipping corridor in the Black Sea.China Mulls New Stimulus, Higher Deficit to Meet Growth Goal

The trips show how Ukraine’s risky bet to go it alone in the Black Sea appears to be paying off. It may allow shipments to ramp up, securing much-needed revenue since grain exports are running 28% below last year so far this season. Kyiv set up its own temporary route from ports in Greater Odesa after Russia exited a safe-corridor deal backed by the United Nations and Turkey.

At least eight more vessels are in or near ports in Greater Odesa and may depart with cargoes during the next few days, data show.US Consumers See Higher Near-Term Inflation, Tighter Credit Bank of Nova Scotia and Sun Life Financial's asset-management division are partnering to tap into the demand from wealthy Canadians looking to invest in private credit, the firms said on Tuesday. As part of the agreement, Scotiabank's high-net-worth clients will be able to tap into alternative investments in private real estate, credit and infrastructure through Sun Life's asset-management division, SLC Management.

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