Britain's UN Envoy Says British Information Indicates Russia Has Laid Additional Sea Mines In The Approaches To Ukrainian Ports; Agrees With U.S. Assessment That This Is Coordinated Effort To Justify, Blame Ukraine For Any Attacks Against Civilian Ships
Portfolio Pulse from Happy Mohamed
The UK's UN envoy has stated that Russia has placed additional sea mines near Ukrainian ports, agreeing with the US assessment that this is a coordinated effort to justify and blame Ukraine for any attacks on civilian ships.
July 25, 2023 | 1:54 pm
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NEGATIVE IMPACT
The geopolitical tension between Russia and Ukraine could disrupt corn exports, potentially impacting the price of CORN ETF.
Russia and Ukraine are major exporters of corn. Any disruption in their exports due to geopolitical tensions could lead to a supply shortage, potentially driving up the price of the CORN ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
NEGATIVE IMPACT
The geopolitical tension between Russia and Ukraine could disrupt soybean exports, potentially impacting the price of SOYB ETF.
Russia and Ukraine are major exporters of soybeans. Any disruption in their exports due to geopolitical tensions could lead to a supply shortage, potentially driving up the price of the SOYB ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
NEGATIVE IMPACT
The geopolitical tension between Russia and Ukraine could increase market volatility, potentially impacting the SPY ETF.
Geopolitical tensions can lead to increased market volatility. As SPY ETF tracks the S&P 500, any increase in volatility could impact its price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
The geopolitical tension between Russia and Ukraine could impact European markets, potentially affecting the VGK ETF.
Geopolitical tensions can lead to increased market volatility. As VGK ETF tracks the European stock market, any increase in volatility could impact its price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
The geopolitical tension between Russia and Ukraine could disrupt wheat exports, potentially impacting the price of WEAT ETF.
Russia and Ukraine are major exporters of wheat. Any disruption in their exports due to geopolitical tensions could lead to a supply shortage, potentially driving up the price of the WEAT ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60