Has the war in Ukraine sparked a global food crisis? (BBC – The Inquiry) BBC – The Inquiry produced a video stating that key export routes are blocked due to blockades by Russia against Ukraine as part of Russia’s war strategy. Governments are nervous. Dozens of countries stopped or restricted international food sales. Senior research fellow David Laborde said, “For example, Millions of people depend
Impasse over Russian blockade of Ukraine’s grain fuels global food crisis (ABC Radio-Australia) ABC Radio (Australia) produced a segment on the global food crisis that is looming as Russia continues to block grain from leaving Ukraine, sending food prices soaring. Moscow’s blockade of Ukraine’s Black Sea ports has brought exports to a standstill and Russia is now being accused of war crimes, with
Washington Post published an article stating that Russia’s blockade of Ukrainian ports and the ripple effects of Western sanctions on Moscow have driven up global food prices, raised fears of looming grain shortages, and exacerbated concerns about rising hunger around the world. According to IFPRI, Ukraine and Russia produce about a third of the wheat traded in global markets, and about a quarter of
Food vs fuel: Ukraine war sharpens debate on use of crops for energy (Financial Times) Financial Times published an article stating that soaring food prices caused by the war in Ukraine have increased the risk of famine, raising pressure on producers of low-carbon fuels derived from crops and sparking a “food versus biofuel” debate. Before Russia’s invasion, global biofuel production was at a
Global food prices are soaring. Rice could be next (CNBC New) CNBC News published an article stating that food prices have been on the rise in the past few months. And rice, a staple food in much of Asia, could be next to see higher prices, industry watchers said. The prices of many foods, ranging from wheat and other grains to meat and
In the Somali region of Ethiopia, host to several refugee camps, less than 8% of residents report having access to financial systems, according to the most recent Ethiopia Living Standards Measurement Study (LSMS) data. Expanding financial access has the potential to reduce poverty and is important to food security—and in refugee hosting areas, improving financial systems can help local markets grow and function
The World Trade Organization’s 12th Ministerial Conference (WTO MC12) takes place June 12-15 in Geneva—two years after the pandemic forced members to postpone its original schedule. In those two years, the world has changed and the importance of multilateral approaches to tackle international trade issues has become even more acute. The Russia-Ukraine war has highlighted a variety of unresolved trade
G7 warns Russia-Ukraine war is stoking global food crisis (NBC News) NBC News presenter Joshua Johnson produced a streaming program on the effects the Russia-Ukraine war could have on global food concerns. Johnson said, according to IFPRI, Russia and Ukraine export 12 percent of the world’s food calories. The program is available on Peacock and on YouTube.