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notices and features - Date published:
5:30 pm, April 8th, 2022 - 17 comments
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The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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This guy is getting way beyond FUBAR.
https://religiondispatches.org/the-russian-patriarch-just-gave-his-most-dangerous-speech-yet-and-almost-no-one-in-the-west-has-noticed/
Holy Jesus out fuel prices are going to skyrocket far worse than now.
The US House and Senate and both parties have both voted to ban Russian oil imports.
https://www.huffpost.com/entry/congress-votes-overwhelmingly-to-suspend-russias-trade-status-and-ban-oil_n_624f2087e4b0e44de9ccef05
This is the legislative backing that Biden wanted.
But to allow Russia/Ukraine food and fertilizer exports to continue.
Meeting at the FAO to start in 60 minutes.
Oil market didn't blink,priced in already.Russian oil is going into China,india,and parts of Africa at a 30% discount.
US west coast is where the spikes will be,dependent on Alaska,and a little from Mexico.
An illuminating discussion on the Russian strategy in Ukraine and the probable outcome between Selwyn Manning and Paul Buchanan – the latest episode from their View from Afar Series:
Its an hour long but well worth the time.
Just released Fao food prices reach new records up 33.6% year on year.
https://twitter.com/FAOnews/status/1512341944717955074?cxt=HHwWhMCynY2_9fwpAAAA
There are calls at todays FAO council for countries to ensure food security,and maintain exports without tariff constraints .
The policy recommendation will also include continuation of food exports and fertilizers from Russia and the Ukraine.
Somehow i dont think Russia is listening and Ukraine isnt in a position to comply.
Russian proposal.
https://www.fao.org/3/ni815en/ni815en.pdf
The foremost problem is both countries supply either all or most of the grains to the most undeveloped countries,some of which are also war torn such as Eritrea and Somalia.
The main document for consideration is here,with policy recommendations.
https://www.fao.org/3/ni734en/ni734en.pdf
Yep…and as said Russia isnt listening and Ukraine is in no position to comply…..and
"Although a sudden and steep reduction in shipments by the two countries could increase exports by alternate origins, such as the European Union and India, the potential for other exporters to fully make-up for lower shipments by Ukraine and the Russian Federation is anticipated to be limited. Indeed, wheat inventories are already especially tight in Canada and the United States of America following reduced harvests in 2021/22. 28. Among other suppliers, Argentina’s exports during the ongoing season will also likely remain limited by Government efforts to control domestic inflation, while Australia has reached its maximum shipment capacity logistically. In such a setting of significantly reduced global export availabilities, other countries could enforce measures (formal or informal) to slow or restrict exports in order to protect domestic supplies and/or address domestic price inflation, as several countries have already announced since the start of the war."
For the policy recommendations to be effectively implemented the Russian invasion would have to end and withdraw yesterday….it didn't.
Less wheat exported would probably be a good thing. Cutting back on refined carbohydrate would benefit all of us healthwise.
ok, you’re in premod now. Please see my previous reply to you for an explanation.
The market added 20-30% across the wheat contracts over night,so any surpluses will be tightly held.
https://www.cmegroup.com/markets/agriculture/grains/wheat.quotes.html
The only available surplus cereals are in Uk/Russia as they have not shipped due to obvious reasons.13 million people go to significant risk of hunger,700 million (due to fert constraints) move to insufficient food supply.
Not a good time to be introducing a biofuel mandate,when feedstocks are significantly effected (both au/nz) will be buying out of us,south america.
Not a good time to be reliant on food imports all round….but then it never is.
We are about 0.7 planet short
When do the food insecure states start nationalising globally owned assets?
After the food riots as in 2007 and 2011.
https://twitter.com/yaneerbaryam/status/1512416240651935750
Any policy that impacts either food production or food pricing and security will be political extinction for the enablers,
"Dropped Formula 1 driver Nikita Mazepin calls sanctions on Russia 'cancel culture"
The BBC interview referred to in that article was on HARDtalk and is worth listen to if you get the opportunity (on SKY89) if it is on a repeat.
https://www.stuff.co.nz/sport/motorsport/300562234/dropped-formula-1-driver-nikita-mazepin-calls-sanctions-on-russia-cancel-culture
Couple of college kids giving a good serving of truth to some grubby stupid msm hacks at a panel convened at uni chicago and ironically called " discussion on disinformation and erosion of democracy "