Food prices are soaring high in Ukraine. Food Prices are soaring high in Ukraine because Russia curbs the supply of food grains. The United Nations World Food Programme warns of the worst catastrophe. Food prices soar high due to the cost of living crisis in many nations around the world. Putin, the Russian president opines that he will be forbidding the supply of food and fertilizer exports from Ukraine. This includes the exports forwarded to other parts of the world.
The United Nations: Report
The opinion of the United Nations stands since July the curbing of the general food supplies has reached an extreme. This policy involves the sourcing of grains in the more restricted way possible increasing the number of poverties. The people worth 100 million are halted by one of the necessities of life pushing them to extreme poverty. There had been a gradual increase in the fall which caters to poverty due to the deal.
Putin, Russian President on the Deal
Putin, The Russian President on Monday said that Russia is not the one who has been preventing the deal to happen. Russia has decided to curtail its engagement temporarily. Putin moves further with his opinion to point out that he is saying that Russia is not ending its participation. Russian President Putin says, “No, we are saying that we are suspending”. His words make this clear that there’s a temporal suspension to the existing deal.
Russia’s Suspension: Black Sea Grain Initiative
Russia initiated its suspension from the Black Sea Grain Initiative which has resulted in a quick rise in the prices. It includes the soaring high prices of food grains. The decision of curbing the food grains came after the Russian warships were attacked. Russian Warships were attacked in the port of Sevastopol in Crimea occupied by Russia. The Russian Warships were attacked by drones on Saturday. Russia’s military accuses the British navy of blowing up the pipelines in September. Nord Stream was cut, which lead to the cutting of gas supplies by Russia to the markets of Europe.
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