This is an update to an ongoing issue we started seriously discussing last October when it became clear that if the trajectory was followed, “the absence of food will change things.”
The International Monetary Fund (IMF) is continuing to send warnings with increased urgency about the very real possibility of widespread food shortages in regions where food instability is a historic issue. [SEE HERE]
“The war in Ukraine has triggered a sharp increase in energy and food prices that could undermine food security in the region, raise poverty rates, worsen income inequality, and possibly lead to social unrest,” the Fund said in its annual Regional Outlook for Africa.”
This is a recent warning around a topic that has increasingly gained international attention. Indeed, experts in multiple related agricultural fields have openly started to discuss and predict a looming crisis as the majority of the global food supply is contingent on only one or two growing cycles per year for harvest. Those harvests are facing multiple headwinds that could likely result in lower yields.
Against this backdrop we can be certain that all nation’s government interests are taking this issue seriously. Now, we are starting to see a race for supply control by various governments.
Biden is asking for U.S. taxpayers to fund the budget, salaries and pension obligations of the Ukraine government. Biden made his request in a letter [
Poland is obviously the primary target for retaliation here, as the NATO alliance is using Poland as the gateway for arms deliveries into Ukraine.