Grain Exports From Ukraine Have Collapsed As a Result of Attacks in the Black Sea, Which Have Slowed Down Global Shipments…

Featured Story

Many of the world’s poorest countries rely on Ukrainian wheat because they lack the funds to purchase American wheat. Ethiopia, Somalia, South and North Sudan, and to a lesser extent, Egypt and India. Perhaps the last two can afford the US costs. Kenya is less so. Europe can afford the cost of paper. Western Russia and Ukraine together produce over one-third of the world’s wheat production. Bread, pasta, chapatis, and cakes. And sunflower oil accounts for two-thirds of the world’s supply, despite the fact that it is technically a seed rather than a grain.

By the conclusion of harvest, they will have approximately 40mt of grain on hand. Not counting anything the Russians have damaged or stolen. Meanwhile, the Middle East and Africa go famished. Furthermore, floods have resulted in a significant shortfall in China (so they require 9.5mt instead of the usual 6mt), a heatwave has reduced yields in India, and to make matters worse, the Indian government has barred exports of the typical 7mt.

Unfortunately, cake is not an option; Marie-Antoinette may have appreciated it. Well, Putin did offer to do the same thing if the US lifted some of its sanctions. Here’s how compromise works. Peace demands some form of compromise. The problem is the dunderhead sitting in the White House right now, as well as his all-weather pet in London who does everything the master says.

Anyway, Russia proposed a settlement, which the US rejected. This is a facepalm moment. Right here! This is exactly what a bargain is. You offer me something, and I reciprocate. Ease sanctions, and the world will not go hungry. How difficult is it to understand? if the United States had adopted it, we would have seen immediate relief from the food situation, and inflation (they call it Bidenflation, which I love) would have decreased from fuel to food.

This would have marked the beginning of a peace treaty, the end of war. See how Russia controls Ukraine’s major ports?

 

 

 

Don't Miss

Us Inflation Cools, Spending Stagnates as Economy Loses Steam

By StevieRay Hansen

The Federal Reserve’s preferred measures of U.S. inflation cooled in May and consumer spending stagnated, suggesting the economy’s main engine is starting to lose some momentum. The…

What Is Happening In the U.S. Today

By StevieRay Hansen

What Is Happening In the U.S. Today Read moreIchimoku Signal Alert For BancorpSouth Bank (NYSE:BXS) as Cloud Conversion Line Reading Touches (9, 26, 52, 26)}}Posted…

US Representative Warren Davidson: ‘CBDC Corrupts Money Into a Tool for Coercion’

By StevieRay Hansen

Warren Davidson, U.S. representative and part of the House Committee on Financial Services, has disregarded issuing a central bank digital currency (CBDC) in the country….

Court Orders Kraken to Turn Over History Transaction and Account Information to IRS,the IRS First Filed a Court Petition in February

By StevieRay Hansen

By Nikhilesh De (CoinDesk archives) Read moreCrypto Market Rises by $30B in 48 Hours — Bitcoin Cash Leads With 88% Weekly GainA federal court ordered…

Bitcoin ETF Race Begins: Has Institutional Trust Returned To Crypto?

By StevieRay Hansen

by Tyler Durden Wednesday, Jul 05, 2023 – 06:20 AM Authored by Prashant Jha via CoinTelegraph.com, Read moreRenowned Bitcoin Hater Peter Schiff Has Once Again…

Posted in

Stevie Ray

Leave a Reply

Your email address will not be published. Required fields are marked *