News of famine – Mankind is facing a food crisis
According to the World Bank, food pricesrising prices for energy carriers and fertilizers 1.2 billion has affected 74 developing countries. But this is not the end of economic threats to the world. Russia and Ukraine Countries with close economic ties will face additional pressures in the fields of finance, tourism and trade.
Lasting more than three months Ukraine – Russia The war brought death and disaster to both nations, as well as severe economic, political caused problems, food crises and poverty. And this problem is not in the region, but in the whole world. Most experts and think tanks have come to the conclusion that if the war drags on, the village farm production will decline and result in a food crisis.
Already UN and European Union and other agencies have warned that war could trigger a food crisis in the Middle East and Africa. This is because many countries, including Egypt, Lebanon, Libya, Somalia, Sudan and Yemen, produce about half of their wheat. Ukraine and receives from Russia. Let’s just say that Ukraine is Europe’s “bread basket. 70% of Ukraine’s territory is fertile and has 32 million hectares of arable land. This ratio is equal to 1/3 of all arable land in Europe. Russia Ukraine closes ports, creates a rapid deficit in countries such as Egypt, which is almost entirely dependent on imports, and causes prices to rise. For example, the world’s largest importers of Ukrainian wheat are Egypt (3.4 million tons), Indonesia (2.8 million tons), Turkey (1.6 million tons), Pakistan (1.4 million tons) and Morocco (1 million tons). A country like China buys 8 million tons of corn from Ukraine. USA The village According to the Ministry of Economy, in 2022, grain in Ukraine will be reduced by half. As a result, grain exports from Ukraine will decrease by 24 million tons 10 million tons of wheat.
If beer also becomes more expensive…
World grain prices have risen by 50 percent and are approaching record levels. Corn prices rose by 32 percent and soybeans by 26 percent. In addition, energy resources are becoming more expensive. The shortage of energy resources, in turn, accelerates food inflation due to the rising cost of equipment used in the production of natural gas. Food, fuel and fertilizers prices rises, supply chains are broken. The situation has reached the point that the price of beer will also increase. Local brewers in the Czech Republic have been selling beer prices since early June 10 promises an increase in interest rates. One of the main reasons for the rise in prices for beer, one of the main export products of the Czech Republic, is the rise in prices for malt and hops.
World grain prices have risen by 50 percent and are approaching record levels. Corn prices rose by 32 percent and soybeans by 26 percent. In addition, energy resources are becoming more expensive. The shortage of energy resources, in turn, accelerates food inflation due to the rising cost of equipment used in the production of natural gas. Food, fuel and fertilizers prices rises, supply chains are broken. The situation has reached the point that the price of beer will also increase. Local brewers in the Czech Republic have been selling beer prices since early June 10 promises an increase in interest rates. One of the main reasons for the rise in prices for beer, one of the main export products of the Czech Republic, is the rise in prices for malt and hops.
Is Grain OPEC being created?
In this case, the EU stated that Russia’s bombing of fields and failure to allow ships full of wheat to leave ports pose a threat beyond the country’s borders. This is also the case in the global economy coronavirus occurs at a point where it is trying to recover from a pandemic. Official Kyiv and the way out of the world’s major grain exporters – USA, Canada, Brazil, Argentina, Ukraine and the EU grain-exporting countries. Negotiations are underway to establish Grain OPEC. “We want the world’s major grain exporters – USACanada, Brazil, Argentina, Ukraine, EU – unite to protect their interests in the world market “- said Ukraine the village Adviser to the Minister of Economic Policy Markian Dmitresevich said. “Russia has seized control of the global wheat market and accuses it of creating a fake grain crisis around Western Ukraine,” the Times wrote. “Putin’s order to increase Russia’s agricultural exports by 50 percent by 2024 will be fulfilled.” Putin When the war broke out, he thought he would soon capture Ukraine and divide the West. However, his biggest victory so far has been, of course, wheat. Russia’s blockade of Black Sea ports has hit the economy hard. 20 More than a million tons of wheat are rotting on Ukrainian merchant ships. Russia, the world’s largest wheat exporter, is pleased to fill the deficit in the global grain market by selling its products at higher prices.
3 priorities to stop Russia
In turn Of Ukraine Former Prime Minister Vladimir Groysman believes that today Putin is a key figure in causing global hunger. “Ukraine produces about 80 million tons of grain every year,” he said. Of Ukraineapproximately 20 needs a million tons of grain. Exports the rest. That was enough for almost 500 million people. This means that there will continue to be problems, and the results will affect not only Ukraine but also other countries. ” The politician stressed that stopping Putin by any means is a priority of the democratic world. “We have three priorities: Russia military to destroy its potential, to knock out the Russian economy, and thirdly, to stop any aid from other countries. This is for all countries of the democratic world Putin “It will allow us to destroy the regime,” he said.
The crisis could lead to unrest in poor countries
The food, fuel, and financial crises created or exacerbated by the war in Ukraine could lead to unrest in poorer countries. The current situation also threatens to default in more than 70 countries. According to the World Bank, Russia to Ukraine military The exact extent of the economic downturn will depend on the duration and intensity of the war. It should be noted that poverty in Ukraine is projected to rise from 1.8 percent to 19.8 percent. In general, economic entities increased by 1.2% due to rising food prices, energy carriers and fertilizers billion said 74 developing countries were affected. But this is not the end of economic threats to the world. Countries with close economic and trade ties with Russia and Ukraine, especially neighboring countries, will face additional pressure in the financial, tourism and trade spheres. Rising food and fuel prices in Africa, South America, the Caucasus, Central Asia and the Middle East social tension, political it could destabilize the country and lead to famine in some countries. (Caspian)