JPMorgan could process another 40 Russian grain export payments: sources

Wow, JPM must have upgraded their software while Jamie D. Busy picking up banks on cheap with Govt. subsidies!

80% of Russian grain goes to Europe. Remember that when you read reports of Russia starving Africa. Russia didn't impose any sanctions. It is the US and her "allies" failed sanctions that have pushed up the price of grain.

80% of Russian grain goes to Europe.

Nope, that's wrong. Here's the chart where Russian and Ukraine grain exports go to:

https://www.aljazeera.com/news/2022/2/17/infographic-russia-ukraine-and-the-global-wheat-supply-interactive

https://www.reuters.com/markets/asia/russias-monthly-grain-exports-by-destination-2022-01-31/

Most of Russian grain go to --by far-- Egypt, Turkey, and Bangladesh

Russia didn't impose any sanctions.

Preventing Ukraine from exporting their grain off its own coast is another form of sanction done by Russia

That's the reason for the deal - Russia gets to export their grain if Russia allows Ukraine to export their grain too