“There were two big stories in Belarus in the last week of July. On the plus side, their premier, Alexander Lukashenko caught a catfish bigger than the pike Vladimir Putin had landed in Siberia a few days earlier. More difficult to comprehend, though, was the news that Uralkali, a Russian firm run by Suleiman Kerimov, had broken off a business agreement with a Belarusian company that effectively fixed global potash prices. It’s hard to say precisely what the consequences will be, but pressure has already been placed on the Belarusian rouble, while a surge in the supply of potash should lead to a decrease in the cost of fertiliser (and thus perhaps food). It could also lead to the sale of Samuel Eto’o to Chelsea.” Guardian – Jonathan Wilson
