The Food Thing
(Russians rocket Odesa the day after inking an agreement to re-open Ukrainian ports).
The games of Summer are continuing as Fall looms. Issues are war, food and energy. In terms of what is happening in one of the problem areas:
· Ukraine and Russia seal deal to open Odesa port 22 July
· Intended to reopen grain exports from Ukraine
· World wheat prices fell by more than 6%, (to pre-war prices)
· UN SEC Guterres calls it “a beacon on the Black Sea”.
· UN says 828m people are ‘going hungry every night’
· Says 50m in 45 countries “on brink of starvation”
· 1st World hopes for cost-of-living break
· Ukraine is major source of wheat, barley, corn & sunflower oil
· Has been unable to ship most crops since 02/2022
· Like Russian gas to Germany, puts Putin in decision point
· Orders RU forces to rocket Odesa in the evening after conference!
· Welcome to a possible chilly winter, Europe!
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