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Tuesday, 9 February 2021

Around the world on 9 February 2021

Egypt may not be the only country to look past Russia for its wheat purchases as Moscow’s plan to restrict grain exports could hit sales, Reuters quotes traders and analysts as saying. Russia, the world’s largest wheat supplier, will begin taxing grain exports on 15 February to boost local supplies and tackle rising domestic prices. The move sent prices to multi-year highs and prompted Egypt’s grain buyer GASC to call off a tender and look to source wheat from elsewhere.

Israeli Prime Minister Benjamin Netanyahu’s corruption case could be put on hold until after the Knesset elections on 23 March, the Times of Israel reports. The premier pleaded not guilty in the first hearing yesterday. The elections are the 937th in Israel in the last couple of years…

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