With Ukraine's seaports blockaded or captured by Russian forces, neighboring Romania's Black Sea port of Constanta has emerged as a main conduit for the war-torn country's grain exports amid a growing world food crisis.

It's Romania's biggest port, home to Europe's fastest-loading grain terminal, and has processed nearly a million tons of grain from Ukraine — one of the world's biggest exporters of wheat and corn — since the Feb. 24 invasion.

A sleek $156 million superyacht belonging to a sanctioned Russian oligarch and parliamentarian is now docked in Dubai, the latest reminder of how the skyscraper-studded sheikhdom has become a haven for Russian money amid Moscow's war on Ukraine.

The 98-meter (324-foot) Madame Gu, which has a helicopter pad, gym, beach club and elevator, remained moored off Dubai's Port Rashid on Thursday in what has become a test for the close partnership between the United States and United Arab Emirates.

High gas prices have Wallace Reid looking for a new career.

Reid, who drives for Uber and Lyft in New York, fills up his Lexus at least three times a week. He pays around $95 each time, about double what he was paying last year. To make up for that, he's driving more often, but he's also applying for other jobs that wouldn't require his car.

Germany activated the second phase of its three-stage emergency plan for natural gas supplies Thursday, saying Europe's biggest economy faces a "crisis" and warning that storage targets for the winter are at risk due to dwindling deliveries from Russia.

The government said the decision to raise the level to "alarm" follows the cuts to Russian gas flows made since June 14 and surging energy prices exacerbated by the war in Ukraine. The third and highest stage is the "emergency" level.

Sri Lanka's prime minister says the island nation's debt-laden economy has "collapsed" as it runs out of money to pay for food and fuel. Short of cash to pay for imports of such necessities and already defaulting on its debt, it is seeking help from neighboring India and China and from the International Monetary Fund.

Prime Minister Ranil Wickremesinghe, who took office in May, was emphasizing the monumental task he faces in turning around an economy he said is heading for "rock bottom."

Lebanon's ailing economy should receive a welcome injection of more than $3 billion thanks to a rebound in tourist arrivals over the summer, the caretaker tourism minister said Wednesday.

Equities and oil prices tumbled Wednesday after a brief respite from last week's painful rout across world markets, with recession fears building as central banks hike interest rates to combat decades-high inflation.

Britain's inflation rate hit a new 40-year high of 9.1% in the 12 months to May, figures showed Wednesday, as Russia's war in Ukraine drove food and fuel prices ever higher.

The Office for National Statistics said consumer price inflation rose slightly from 9% in April, itself the highest level since 1982.

A Turkish cargo ship on Wednesday left Ukraine's Russian-occupied port of Mariupol after a round of "constructive" grain talks with Moscow, the Turkish defense ministry said, without specifying if it was carrying wheat.

"The meeting in Moscow gave its first concrete result," the Turkish ministry said in a statement. 

Sri Lanka's debt-laden economy has "collapsed" after months of shortages of food, fuel and electricity, its prime minister told lawmakers Wednesday, in comments underscoring the country's dire situation as it seeks help from international lenders.

Prime Minister Ranil Wickremesinghe told Parliament the South Asian country is "facing a far more serious situation beyond the mere shortages of fuel, gas, electricity and food. Our economy has completely collapsed."