Three Russian cruise missiles struck hangars and silos in Ivushka as well as the main port in Odesa. The strikes in mid-July destroyed a large portion of the stock, days after Russia abandoned the grain deal that would have allowed the shipments across the Black Sea without fear of attack, writes the Associated Press in a piece on the Russia-Ukraine conflict and the latest
by Jordan Kyle and Kwaw Andam OPEN ACCESS | CC-BY-4.0 In his inauguration speech in May, Nigerian President Bola Tinubu announced the end of the country’s decades-old fuel subsidy. This is not the first time that Nigeria has attempted to abandon the policy, which has had disastrous consequences for the economy and the climate. What is new is the quiescence of ordinary
by Emily Myers, Senior Research Analyst, Poverty, Gender, and Inclusion Unit, IFPRI; Eleanor Jones, Research Analyst, Director General’s Office, IFPRI; and Hazel Malapit, Senior Research Coordinator, Poverty, Gender, and Inclusion Unit, IFPRI This blog post is part of a special monthly series entitled “Making a Difference,” documenting the impact of IFPRI’s projects and initiatives. These stories reflect the wide
“The deal may yet be resurrected, but the negotiations are tricky,” writes the Economist in a story on Russia’s withdrawal from the Black Sea Grain Initiative. Joseph Glauber, a senior research fellow at the International Food Policy Research Institute notes, the brunt of the effect will be felt in Ukraine. The high costs of alternative routes for exporting its grain—via rail and
“The price of wheat futures in Chicago, the global benchmark, has risen by 11% since the early hours of July 17th, when Russia said it would not renew a year-old deal allowing ships carrying Ukrainian food exports to cross the Black Sea,” writes The Economist. “Some had hoped that Ukraine would continue to export through the Black Sea, either with the
In an interview for CNBC SQUAWK BOX ASIA, IFPRI senior research fellow Joseph Glauber discusses the halting of the U.N.-brokered Black Sea grain deal after Russia’s withdrawal and the options Ukraine has to export its grains. Watch the video Source: CNBC
“The U.N. humanitarian chief warned Friday that millions of people are at risk of hunger and death as a consequence of Russia’s withdrawal from the Black Sea grain deal,” Voice of America reports. “The U.S.-based International Food Policy Research Institute said in a paper released Thursday that global production of wheat and feed grains, including corn, should be sufficient to meet global demand this
by Gloria Abraham Peralta, Adriana Campos, Valeria Piñeiro, and Elsa Olivetti OPEN ACCESS | CC-BY-4.0 Multilateral trade negotiations over agriculture present a complex set of challenges: Finding a balance between the diverse interests and positions of the 164 members of the World Trade Organization (WTO) is exceedingly difficult due to the importance and varied sensitivities of this sector across