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Ukraine Grain Deal May Go Bust – Bloomberg

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Monday’s Russian strikes on the country have driven up wheat prices, with experts now concerned about the grain deal’s fate

Wheat prices jumped nearly 8% on Monday on news of explosions in the Ukrainian capital and other cities, trading data shows. According to analysts who spoke to Bloomberg, the rising prices are due to the escalation in the conflict between Moscow and Kiev, which has placed the Ukraine grain deal, due to expire in about a month, in jeopardy.

The beginning of the week could be very nervous with the risk of increased tensions in the Black Sea basin,” Paris-based analytics firm Agritel told Bloomberg in a note.

Chicago wheat futures rose to $9.48 a bushel around 16:00 GMT, a 7.7% increase. Other grains, including corn and soybeans, also rose.

Overall, wheat prices have so far surged 19% year-on-year.

The missile strikes on various cities across Ukraine, including Odessa, one of Ukraine’s largest grain export hubs, came two days after an attack on the Crimean Bridge, a key link between mainland Russia and the Crimea Peninsula. Moscow has blamed the blast on Ukraine.

According to analysts, any impediment to Black Sea grain exports would propel global prices for food staples.


READ MORE: Russia estimates harvest potential of new regions

The UN-brokered deal to allow Ukrainian grain, which was blocked due to military operations, to leave Black Sea ports was reached between Russia, Ukraine, and Turkey in late July. As of early October, around 4.6 million tons of agricultural products were exported from Ukrainian ports as part of the agreement. Nearly half of these exports were corn, while wheat exports amounted to 1.2 million tons. Prior to the deal, President Vladimir Zelensky said that Ukrainian ports held 20-25 million tons of agricultural products for export.

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Montessori Schools Surge in Popularity as Parents Seek Personalized Education

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The education a child receives or doesn’t receive can have a big impact on whether or not they embrace their spiritual gifts. Montessori schools are educational spaces, that value individual growth and hands-on learning over traditional learning models. They are inspired by Doctor Maria Montessori’s vision, more than a century ago, focusing on a student-led learning approach.

Key features include mixed-age classrooms that promote learning from peers and the freedom for children to pick activities that interest them. Teachers act more as guides than lecturers, promoting a self-directed learning environment. Children learn independence, gain confidence, and nurture their curiosity, making them eager learners rather than passive listeners.

Montessori education doesn’t just focus on academics. It equally prioritizes social and emotional skills development, aiming to nurture empathetic, emotionally intelligent individuals capable of deep interpersonal relationships. The increased popularity of Montessori schools worldwide reflects a growing interest in more personalized educational models.

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Container Ship Dali Crashes into Baltimore’s Francis Scott Key Bridge, Causing Major Collapse, Many Missing

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Early on Tuesday, Baltimore’s Francis Scott Key bridge collapsed when the container ship Dali crashed into one of its pylons. The accident occurred around 1:27 am after the Dali experienced a total power failure and struck the bridge. The incident resulted in the bridge crumbling, sending vehicles and a construction crew into the waters below.

While two of the eight workers have been rescued one critically injured and one unharmed six remain missing. The Dali’s crew, totaling 22 members, reported no injuries. The Maryland governor highlighted the absence of structural issues with the bridge and dismissed any speculation of terrorism. authorities are now focusing on the search and rescue operation for the missing individuals and investigating the bridge’s collapse to ensure such a tragedy doesn’t reoccur.

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Israel’s Military Conscription Plan for Ultraorthodox Jews Sparks National Debate and Division

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In Israel, a controversial proposal to enforce military conscription in the Haredi community is stirring significant unrest and division. The current exemption policy is allowing tens of thousands of ultraorthodox Jews to avoid military service to study religious texts. Critics argue this system is unfair, as it places additional burdens on other citizens.

The proposal has sparked widespread debate, with Haredi leaders threatening mass emigration if forced into military service. Despite some ultraorthodox individuals voluntarily joining the military, opposition remains strong within their community, fearing it compromises their religious obligations. Government officials express concerns over the proposal’s potential to fuel division and undermine military and societal cohesion.

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