WNU Editor: The poor countries certainly do not get Ukraine's grain. The above graph is from here .... Russia says Ukraine grain export deal 'ended' (AFP).
WNU Editor: The poor countries certainly do not get Ukraine's grain. The above graph is from here .... Russia says Ukraine grain export deal 'ended' (AFP).
Editor said, "the poor countries certainly do not get Ukraine's grain". Maybe they don't, but when the Ukraine grain is taken off the market, the richer countries will look elsewhere and drive the price up for the now lower supply, thus locking the poorer countries out of the market.
ReplyDeleteSupply and Demand. Economics 101.
It just struck me. I wonder what President Xi thinks about his "friend" making food more expensive for his one billion-plus subjects.
ReplyDeleteFor the editor and other montréalais sake, I hope that Fairmont & St-Viateur don't make their world-best bagels too pricey because of this.