Ukraine Conflict – World Food Crisis

April 19, 2022

Ukraine Conflict

World Food Crisis

Padmini Arhant

The Russian invasion of Ukraine and ongoing conflict has been catastrophic not only for Ukrainian citizens but also for the rest of the world.

The food crisis is upon the world population with wheat production and exports from Russia and Ukraine to global regions drastically affected since Russian military intervention in Ukraine. 

The population survival impact Russia as well. The economic repercussions outweigh any military and political goals in the war against Ukraine.

All the more reason for Russian Federation and Russian President Vladimir Putin to ceasefire in entirety ending aerial strikes, missiles, rockets and air raids besides naval and ground activities in and around Ukraine. 

The immediate and urgent requirement is for Russia and Ukraine to resume peace talks with a sincere commitment to resolve the conflict peacefully through dialogue and discourse abandoning the current aggression and violence. 

Padmini Arhant 

Author & Presenter

According to International report-

Nezavisimaya Gazeta: One fifth of world’s population about to face food crisis

“The global food price index has reached historic highs as wheat prices rose by 20% in March. According to the United Nations’ estimates, the Ukrainian conflict is putting 1.7 bln people around the world at risk of hunger, Nezavisimaya Gazeta writes.

“Russia is one of the major wheat exporters, accounting for about five percent of the world’s total. The special operation has sent wheat prices soaring to record highs.

Forecasts say that Ukraine’s wheat exports will halve, so the market is going to face a shortage of 9.5 million tonnes of wheat. Besides, countries may fail to receive wheat from Russia because of delivery and payment issues stemming from political reasons. Certain countries are extremely likely to face starvation.”

The overall food crisis is creating risks for Russia as well, said TeleTrade Chief Analyst Mark Goikhman. Logistics disruptions may bring down Russia’s crop exports, and accordingly, the revenues of farmers and the country’s budget will drop.

“Russia is unlikely to face food shortages but food prices may continue to rise,” Leading Analyst at Otkritie Investment Oleg Syrovatkin emphasized.”


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