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Home»Economics»World in Brief: Russia strikes back at Ukrainian port; South Korea’s bull run
Economics

World in Brief: Russia strikes back at Ukrainian port; South Korea’s bull run

By CharlotteAugust 13, 20261 Min Read
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Russian drones caused a fire and damage at Izmail, a grain export hub and Ukraine’s largest Danube port. The attack follows a big Ukrainian strike on Novorossiysk, one of Russia’s most strategically important ports on the Black Sea, which hit a naval base and two grain terminals. At least three people, including a child, were killed. The attacks have stoked fears of disruption to global food supplies.



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Led by China and US borrowing, the world now owes a record US$365 trillion debt: IIF

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