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Wheat prices hit record high after India export ban

Posted by - May 16, 2022

Wheat prices surged to a new record high in European trading on Monday after India decided to ban exports of the commodity as a heatwave hit production. The price jumped to 435 euros ($453) per tonne as the Euronext market opened, up from the previous record of 422 euros reached on Friday. Global wheat prices

Soaring price amid rising demand: PM Shehbaz bans sugar export

Posted by - May 9, 2022

To contain the soaring price amid rising domestic demand, Prime Minister (PM) Shehbaz Sharif on Monday banned the export of sugar across the country. The premier made this announcement on Twitter. Given the domestic demand, I have ordered a complete ban on the export of sugar. There will be a strict action against smuggling &

PM Shehbaz Sharif imposes complete ban on sugar export

Posted by - May 9, 2022

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday ordered a complete ban on the export of sugar in order to stabilize price of the commodity in the country, ARY News reported. According to the Prime Minister’s Office, PM Shehbaz Sharif also ordered taking stringent measures against the smuggling of sugar. Taking to Twitter, the prime minister

EU’s new sanctions on Russia will target industry, export controls: diplomat

Posted by - February 25, 2022

BRUSSELS: The European Union will impose new sanctions on Russia targeting industry, financial sectors and export controls over Moscow’s invasion of Ukraine, an EU diplomat said on Thursday. “We want the biggest possible package, targeting industrial sectors, export controls, financials, maybe visa policy”, the diplomat said, adding that EU sanctions would target Russian oligarchs, especially

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