By Hal Brands The administration of US President Joe Biden is reportedly reviewing the National Security Strategy, which the White House is required to send to Congress annually, to take into account the lessons of the war in Ukraine. One issue that this paper should consider is food. The war in Ukraine has brought the […]
Tag: food crisis
Grain exports from Ukraine have begun, but it may already be too late for millions of people
By Chloe Sorvino For six months, ships full of grain remain stuck in the ports of the Black Sea, victims of Russia’s unprovoked attack on Ukraine. Now, some of them have started their journey, amidst the dangers of the war zone, with cargo, however, which in some cases is considered of dubious quality. “All it […]
Falling food prices will not end the problem of world hunger
By David Fickling The food crisis of 2022 seems to be receding after it “broke out” so suddenly. Red spring wheat rose to nearly $13/bushel in March, prompting the world’s biggest wheat importer, Egypt, to devalue its currency. It now trades around $8, down more than a third. Indonesia suspended palm oil exports in April […]
The domino of Europe’s great energy crisis has now passed to food
At Brioche Pasquier’s London factory, every roll that comes out of the company’s giant gas ovens has production costs increased by at least 50%. From butter to eggs and sugar, the prices of most raw materials used by the French bakery have risen following the commodity rally over the past year. But the company is […]
The lack of ships is the biggest challenge for Ukrainian grain exports
Ukraine’s first grain shipments since the Russian invasion herald relief for squeezed global markets, but many challenges remain until the millions of tonnes of food stuck in the country are released. Perhaps the biggest is the reluctance of shipowners to send their ships into harm’s way, as the waters are full of mines and Russia […]
Ukraine war drives 40 million people to starvation – Africa to bear brunt, US says
United States Ambassador to the United Nations Linda Thomas-Greenfield said today that Russia’s invasion of Ukraine will cause food insecurity for 40 million people and that sub-Saharan Africa will be hardest hit. The United States secured $4.5 billion for food security at the G7 summit, of which $2.76 billion was its own contribution. There are […]
Is Putin winning the ‘war’ for Africa?
By Clara Ferreira Marques Russian Foreign Minister Sergei Lavrov’s charm offensive in Africa last week, part of efforts to drum up support in the face of Russia’s growing isolation, has unnerved the West. Is Moscow gaining ground in emerging economies? Why can’t African countries understand that Russia is waging a war of conquest? On the […]
EU and China will work together to tackle the food crisis
The European Union announced that China has agreed to cooperate in tackling the global food crisis, including by exporting fertilizers, after a bilateral meeting on trade, according to Bloomberg. Senior EU and Chinese officials agreed on “the need to prevent disruptions to supply chains and discussed increasing transparency and sharing information on the supply of […]
J. Yellen: Appeal to G20 to address food insecurity
US Treasury Secretary Janet Yellen today called on Group of 20 (G20) economies to take emergency action to address a short-term food insecurity crisis exacerbated by Russia’s war in Ukraine and avoid export restrictions and stockpiling that are causing market distortions. Yellen, speaking at a meeting of G20 economic officials in Indonesia, said countries should […]
The energy and food crisis at the center of the G20 meeting
G20 foreign ministers are meeting in Indonesia today to discuss the impact on the global economy of the war in Ukraine and ways to respond to the food and energy crisis, the consequences of which could be “catastrophic”. “The world is watching us,” said Sri Mulyani Indrawati, Indonesia’s finance minister, urging participants to adopt an […]