(Bloomberg) — Russian President Vladimir Putin accepted North Korean chief Kim Jong Un’s invitation to go to Pyongyang “at a handy time,” the official Korean Central Information company reported. The pair on Wednesday held their first summit in 4 years for talks the US believed centered on Pyongyang sending arms to assist Moscow assault Ukraine. Kim, travelling by luxurious armored practice, stays in Russia and will tour navy gear amenities within the coming days.
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Ukraine’s air protection mentioned it downed 17 of twenty-two Russian Shahed drones fired in a single day on the nation’s south, north and heart. Russia reported downing six drones close to Bryansk north of the Ukrainian border and 11 others close to Yevpatoria on the Crimean peninsula. Russian media, citing native emergency companies, reported a pure gasoline pipeline caught fireplace close to the Russian metropolis of Saratov, a whole bunch of miles from Ukraine. There’s been no phrase on the trigger.
Russian billionaires, squeezed by worldwide sanctions and going through strain from Putin to repatriate their wealth, have pulled belongings price tens of billions from Europe for the reason that invasion of Ukraine. The shift breaks with a decades-old apply for Russian oligarchs.
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Markets
Oil climbed towards a 10-month excessive because the Worldwide Power Company added to warnings from OPEC and the US of a provide shortfall via the top of the 12 months. The bullish outlooks added momentum to a rally that began in mid-June as Saudi Arabia and Russia curbed provide whereas US and Chinese language demand proved comparatively resilient.
Wheat costs rose on Wednesday, climing away from a two-year low as droughts threaten international crops and Ukrainian ports face continued Russian assaults.
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Kim Jong Un continues Russian go to with plans to go to Komsomolsk-on-Amur and Vladivostok
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Russian Grain Union two-day assembly opens in Sochi
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Belarus chief Lukashenko to satisfy with Putin on Friday
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Russian and Chinese language international ministers plan talks on Monday in Moscow
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