Insight Review
Insight Review
Lamu Lamu
Russian and Ukrainian war: The ripple effect on the globe
11 minutes Posted May 19, 2022 at 12:44 am.
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Show notes
Together, Russia and Ukraine produce 30% of the world's volume of wheat. As they are the cheapest on the market, a lot of it goes to low-income and food-deficit countries. In fact, half of Africa's wheat import comes from Russia and Ukraine. By March 22, global wheat prices had already gone up by 19% due to the war in Ukraine.
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