Putin Recalls Prigozhin — in Past Tense

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(Bloomberg) — Vladimir Putin offered words of appreciation — in the past tense — for Yevgeny Prigozhin, confirming that the leader of the Wagner mercenary group died in a plane crash.

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On Russian state TV, Putin described Prigozhin, who staged an unsuccessful mutiny against the Russian president’s military leadership, as a “talented businessman” and “a man with a complicated fate” who “made serious mistakes in life.”

In Ukraine, its commandos staged a raid in occupied Crimea in a symbolic move on the nation’s Independence Day as more of Kyiv’s forces pressed a counterattack on the mainland that’s threatening to break through Moscow’s lines. The embattled nation braced for more attacks as it celebrated Independence Day.

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Markets

Grain prices rose in the US amid uncertainty created by a heat wave and another Russian attack on Ukraine’s crop terminals. Several crop terminals at the Izmail port on the Danube were damaged overnight, curbing its export capacity by 15%, according to Ukrainian Infrastructure Minister Oleksandr Kubrakov.

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