The White House is looking for a venue for a possible meeting at the end of next week, where the US, Russia, and Ukraine could discuss resolving the conflict — with Ukraine actively demanding its participation in any negotiations.
CBS News representatives confirm that the US administration is looking for a venue for a meeting between Presidents Trump, Putin, and Zelensky, which could take place as early as next week.
The summit between Trump and Putin is scheduled for August 15 in Anchorage, Alaska, which the US administration is calling a fact-finding meeting, with no clear promises to end the conflict.
The Chinese authorities will impose a temporary duty of 75.8% on imports of canola seeds (a type of rapeseed) from Canada starting August 14, according to the Xinhua news agency.
This decision was made following an anti-dumping investigation launched in September 2024.
The Ministry of Commerce preliminarily concluded that rapeseed imports from Canada were dumped, that the domestic rapeseed industry suffered material damage, and that there is a causal link between dumping and actual damage.
In this regard, it was decided to introduce temporary anti-dumping measures in the form of safeguard payments.
Quotations for November canola futures on the ICE exchange fell by more than 4% to $650.3 per tonne after the announcement of import duties, according to Reuters.
China is the world’s largest importer of canola and Canada’s main buyer. In 2024, Canada supplied canola worth about $3.6 billion to China.
In January-July of this year, Ukraine increased exports of ferroalloys in physical terms by 60% compared to the same period last year, to 63,524 thousand tons from 39,691 thousand tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, in monetary terms, exports of ferroalloys increased by 48.2% to $71.345 million.
The main exports were to Algeria (26.78% of shipments in monetary terms), Poland (26.63%), and Turkey (22.22%).
In addition, in the first seven months of 2025, Ukraine imported 21,701 thousand tons of this product, a decrease of 66.4% compared to the same period in 2024. In monetary terms, imports fell by 60.2% to $42.576 million. Imports came mainly from Norway (20.95%), Kazakhstan (13.97%), and Armenia (9.83%).
As reported, the Pokrovsky Mining and Processing Plant (PGZK, formerly Ordzhonikidze Mining and Processing Plant) and the Marganetsky Mining and Processing Plant (MGZK, both – Dnipropetrovsk region), which are part of the Privat group, stopped mining and processing raw manganese ore in late October – early November 2023, while NZF and ZZF stopped smelting ferroalloys. In the summer of 2024, ferroalloy plants resumed production at a minimum level.
In 2024, Ukraine reduced its exports of ferroalloys in physical terms by 4.45 times compared to 2023, to 77,316 thousand tons from 344,173 thousand tons. In monetary terms, exports fell 3.4 times, to $88.631 million from $297.595 million. The main exports were to Poland (27.40% of shipments in monetary terms), Turkey (21.53%), and Italy (19.82%).
In addition, last year Ukraine imported 82,259 thousand tons of this product compared to 14,203 thousand tons in 2023 (an increase of 5.8 times). In monetary terms, imports increased 3.3 times, to $140.752 million from $42.927 million. Imports were mainly from Poland (32.71%), Norway (19.55%), and Kazakhstan (13.90%).
The business of ZZF, NZF, Stakhanov ZF (located at NKT), Pokrovsky and Marganetsky GOK was organized by PrivatBank prior to the nationalization of the financial institution. The Nikopol Ferroalloy Plant is controlled by the EastOne group, which was created in the fall of 2007 as a result of the restructuring of the Interpipe group, as well as the Privat group.
In January–July of this year, Ukraine reduced its exports of manganese ore by 93.4% compared to the same period last year, to 2,977 thousand tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, exports fell by 92.5% in monetary terms, to $491 thousand.
The main exports were to Slovakia (94.30% of shipments in monetary terms) and Poland (5.70%).
During this period, there were no imports of manganese ore.
As reported, in January 2024, Ukraine exported 44,903 tons of manganese ore worth $6.563 million to the US, breaking a two-year hiatus in exports to foreign markets. In February-December 2024, there were no exports of manganese ore.
At the same time, in 2024, the country imported 84,293 tons worth $18.302 million from Ghana (98.85%), Brazil (0.99%), and Belgium (0.11%). In October-November, there were no imports.
Ukraine did not export manganese ore in 2022 and 2023, while in 2021 it exported 770 tons worth $89 thousand.
In addition, it was reported that the Pokrovsky Mining and Processing Plant (PGZK, formerly Ordzhonikidze Mining and Processing Plant), which is part of the Privat Group, and the Marganetsky Mining and Processing Plant (MGZK, both in Dnipropetrovsk region) stopped mining and processing raw manganese ore in late October-early November 2023, while NZF and ZZF stopped smelting ferroalloys. Later, ferroalloy plants resumed production to a small extent.
Manganese ore is mined and enriched in Ukraine by the Pokrovsky and Marganets Mining and Enrichment Plants.
The consumers of manganese ore are ferroalloy enterprises.
Growing domestic demand combined with huge oil reserves will lead to a significant increase in refining capacity in the Middle East, according to industry publication Offshore Technology, citing a study by GlobalData Energy.
“The Middle East is expected to be a key region in terms of growth in traditional refinery capacity worldwide, accounting for more than a quarter of the total increase by 2030. This growth is driven by large-scale projects, particularly in Iran and Iraq. Both countries are using their vast oil reserves to expand their oil refining infrastructure in an effort to meet growing domestic demand, reduce oil product imports, and strengthen their export capabilities,” the experts write.
In their opinion, Iran will dominate in terms of refinery commissioning, accounting for 40% of the total. The country plans to commission a total of 15 new and expanded projects. The largest of these is Jask II, with a declared capacity of 6,000 barrels per day. The project is currently in the preliminary design stage and is expected to be launched in 2028.
Oil refining capacity in Iraq is expected to increase by 1.9 million bpd. New projects are leading the way in terms of commissioning rates in the country, accounting for 65% of the total expected volume by 2030. About 28% of these are under construction. One of the significant projects, Basra II, involves increasing production by 300 bpd in 2027.
Oman ranks third in terms of oil refining capacity growth, with an increase of 695,000 bpd by 2030.
The Philippine armed forces will defend their territorial interests in the South China Sea, said Philippine President Ferdinand Marcos.
“The Coast Guard and Navy, which defend the Philippines’ territorial interests in the South China Sea, will never retreat and will stand their ground in disputed waters after the Chinese Coast Guard carried out dangerous blocking maneuvers and used a powerful water cannon in the Scarborough Shoal area on Monday,” the Associated Press quoted Marcos as saying on Monday.
The president also noted that if the situation around Taiwan escalates, his country will inevitably be drawn into the conflict. “We don’t want war, but I think if there is war over Taiwan, we will be drawn into it, whether we want it or not,” Marcos said.
On July 3-4, according to the Philippine side, Chinese coast guard ships pursued and carried out “dangerous blocking maneuvers” against Philippine coast guard vessels and fishing boats near the Scarborough Reef off the northern coast of the Philippines. Scarborough Reef is located in disputed waters in the South China Sea and is claimed by China, the Philippines, and Taiwan.
Earlier, the information and analysis center Experts Club published a comparative analysis of the military potential of China and Taiwan – https://expertsclub.eu/porivnyalnyj-analiz-vijskovogo-potenczialu-kytayu-i-tajvanyu-vid-experts-club/
