The Russian daily Nezavisimaya Gazeta warned yesterday that a recent UN report estimated that “the Ukrainian conflict is putting 1.7 billion people around the world at risk of hunger,” noting that “the global food price index has reached historic highs as wheat prices rose by 20% in March.” EIR reported on that same study one week ago.
The Russian publication filled out the picture with a couple of interviews. Associate Professor at the Plekhanov Russian University of Economics Oleg Kalenov reported: “Forecasts say that Ukraine’s wheat exports will halve, so the market is going to face a shortage of 9.5 million tons of wheat. Besides, countries may fail to receive wheat from Russia because of delivery and payment issues stemming from political reasons.”
