Tag Archives: force majeure

Stacy Summary:  It gets worse and worse for Moscow; this is not going to help their bond market.  And we’ll have to wait and see if force majeure is declared on these Russian wheat contracts and, if so, what the knock on effect will be.

• Muscovites flee worst heat ‘in 1,000 years’ as death rate doubles
• Thick toxic smog chokes Moscow residents, carbon monoxide levels at 6.5 times allowable levels
• Traders in Asia consider force majeure on Russian wheat