Thought for the day

"The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law’ becomes apparent: most people have nothing to say to each other! By 2005, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine," -- Paul Krugman

Military delegates from Russia and Ukraine this Friday concluded the first successful deal since the beginning of Russia’s large-scale invasion of Ukrainian territory. The Dolmabahe Palace in Istanbul was the scene of a pact signed by the two parties that should make it possible to start next month millions of tons of grain trapped in Ukrainian silos it can go by sea to the buying countries. Turkey, one of the traditional importers of Ukrainian wheat and a country through which cargo ships must pass before they sail to the Mediterranean Sea, has spent many months trying to close this agreement and will play an important role in making it a reality. The last margins of the text were closed hours before the signing ceremony in which each delegation appearing separatelysigned various documents committing themselves to Turkey and the UN. “Today there is great hope in the Black Sea,” said the UN Secretary General, Antonio Guterreswho thanked the president of Turkey, Recep Tayyip Erdoganhis “persistence” in reaching an agreement that “focuses on what is most important to the world’s population.” It is an agreement for the world that can bring relief to developing countries, ”he concluded. As Guterres explained, the “unprecedented” pact between the Russians and the Ukrainians will result in the creation of a coordination center that will check the commercial status of ships, and the creation of a working group that “facilitates free access of food and fertilizers from Ukraine and Russia to international markets. Erdogan, who thanked the presidents Volodymyr Zelensky Yes Vladimir Putin “Leadership” has located a coordination center in Istanbul during the negotiations. “This step will prevent prices from rising,” stressed the Turkish leader. “We will contribute to controlling the rise in food prices.” “We’re preventing the harm done to millions of people in the Middle East and Africa. It is important to ensure food and security for the world, ”he emphasized. Erdogan concluded his speech reaffirming his efforts as a mediator and the promotion of “negotiation and diplomacy”. “There is no winner, everyone is losing in this conflict,” he said. A sign of the tremendous distrust between the two countries and how far it is to end the war in Ukraine, the representatives did not sign the same agreement document, but parallel commitments with the UN and a mediator with Turkey. To this end, the Russian Minister of Defense, Sergei Shoigu; After signing and leaving the room, the Minister of Infrastructure of Ukraine entered, Oleksandr Kubakovwho did the same. The implementation of the contract is full of challenges. The first is to maintain the Black Sea ceasefire, to which Russia has committed itself in return, according to the published information, that its trade in fertilizers uses the created mechanism. Mykhailo PodolakUkrainian advisor to the president assured in a series of trills that “In case of provocation, there will be an immediate military reaction” through Ukraine. Ukrainian grain export equipment will be launched in three ports; Odessamain, Pivdenny and Chornomorskin the same region. The act of signing does not specify how the sea mines in this area will be intervened, and Russia and Ukraine are accusing each other of their installation. In any event, the pilot boats will be responsible for guiding merchants through the mined waters. According to Podolak no Russian ship will enter Ukrainian waters. It is estimated that there 25 million tons of grain are waiting in Ukrainian silos for export. With the onset of harvest, the amount may soon increase. Turkey and Russia collectively export a third of the world’s wheat and barley consumed, and more than 70% of sunflower oil. To this should be added fertilizers, Russia’s concern. The second was to control the cargo to prevent the weapons from entering by sea. This check will be in Istanbul.