Global Food Crisis News

Ukraine pressed ahead on Sunday with efforts to restart grain exports from its Black Sea ports under a deal aimed at easing global food shortages but warned deliveries would suffer if a Russian missile strike on Odesa was a sign of more to come.

Russia and Ukraine will sign a deal on Friday to reopen Ukraine's Black Sea ports to grain exports, Turkey said, raising hopes that an international food crisis caused by Russia's invasion could be eased.

Sri Lanka has reduced the limit of foreign currency possession by an individual from $15,000 to $10,000, in a desperate move to shore up its fast-depleting forex reserve required to fund the import of essentials, including food and fuel.

Ukraine has established two routes through Poland and Romania to export grain and avert a global food crisis although bottlenecks have slowed the supply chain, Kyiv's deputy foreign minister said on Sunday.

Ukrainian President Volodymyr Zelensky on Saturday urged international pressure to end a Russian naval blockade of Black Sea ports that has choked off his country's grain exports, threatening a global food crisis.

As the United Nations tries to broker a path for grain from Ukraine and temper worries about a global food crisis, hundreds of mines laid along the Black Sea present a practical nightmare that will take months to resolve even after any agreement.

Many vulnerable countries are paying more but receiving less food according to a new report released by the Food and Agriculture Organization of the United Nations (FAO).

Russia on Wednesday rejected suggestions that grain stuck in Ukrainian ports was fuelling a global food crisis as Moscow pressed ahead with its military offensive.

Russian Foreign Minister Sergei Lavrov said Tuesday it was up to the West and Kyiv to resolve a growing global food crisis provoked by the conflict in Ukraine.

G7 financial leaders are likely to focus on how to help Ukraine pay its bills, with reconstruction after the war, and issues like surging global inflation, climate change.

The World Bank on Wednesday announced an additional $12 billion in funding for projects to address the global food security crisis, bringing the total to $30 billion.

According to the Global Times, if some western countries decide to reduce wheat exports in the wake of a potential global food crisis, they will be in no position to criticise India, a country that faces pressure to secure its own food supply.

Amidst a global shortage of food grains in the aftermath of the Ukrainian war, countries like India which have the potential to address this by exporting agricultural products, in particular cereals, are facing difficulties from the World Trade Organization, Union Finance Minister Nirmala Sitharaman said Friday.

The hit to UK farms, which need gas to counter the country's inclement weather, is one of the myriad ways the energy crisis and invasion have hit food supplies around the world, with global grain production and edible oils also under threat.

The war between Ukraine and Russia, two of the world's top crop producers, could lead to a food crisis "on the global" scale, French farming minister Julien Denormandie said in Brussels on Monday ahead of a EU agriculture meeting.

Ukraine pressed ahead on Sunday with efforts to restart grain exports from its Black Sea ports under a deal aimed at easing global food shortages but warned deliveries would suffer if a Russian missile strike on Odesa was a sign of more to come.

Russia and Ukraine will sign a deal on Friday to reopen Ukraine's Black Sea ports to grain exports, Turkey said, raising hopes that an international food crisis caused by Russia's invasion could be eased.

Sri Lanka has reduced the limit of foreign currency possession by an individual from $15,000 to $10,000, in a desperate move to shore up its fast-depleting forex reserve required to fund the import of essentials, including food and fuel.

Ukraine has established two routes through Poland and Romania to export grain and avert a global food crisis although bottlenecks have slowed the supply chain, Kyiv's deputy foreign minister said on Sunday.

Ukrainian President Volodymyr Zelensky on Saturday urged international pressure to end a Russian naval blockade of Black Sea ports that has choked off his country's grain exports, threatening a global food crisis.

As the United Nations tries to broker a path for grain from Ukraine and temper worries about a global food crisis, hundreds of mines laid along the Black Sea present a practical nightmare that will take months to resolve even after any agreement.

Many vulnerable countries are paying more but receiving less food according to a new report released by the Food and Agriculture Organization of the United Nations (FAO).

Russia on Wednesday rejected suggestions that grain stuck in Ukrainian ports was fuelling a global food crisis as Moscow pressed ahead with its military offensive.

Russian Foreign Minister Sergei Lavrov said Tuesday it was up to the West and Kyiv to resolve a growing global food crisis provoked by the conflict in Ukraine.

G7 financial leaders are likely to focus on how to help Ukraine pay its bills, with reconstruction after the war, and issues like surging global inflation, climate change.

The World Bank on Wednesday announced an additional $12 billion in funding for projects to address the global food security crisis, bringing the total to $30 billion.

According to the Global Times, if some western countries decide to reduce wheat exports in the wake of a potential global food crisis, they will be in no position to criticise India, a country that faces pressure to secure its own food supply.

Amidst a global shortage of food grains in the aftermath of the Ukrainian war, countries like India which have the potential to address this by exporting agricultural products, in particular cereals, are facing difficulties from the World Trade Organization, Union Finance Minister Nirmala Sitharaman said Friday.

The hit to UK farms, which need gas to counter the country's inclement weather, is one of the myriad ways the energy crisis and invasion have hit food supplies around the world, with global grain production and edible oils also under threat.

The war between Ukraine and Russia, two of the world's top crop producers, could lead to a food crisis "on the global" scale, French farming minister Julien Denormandie said in Brussels on Monday ahead of a EU agriculture meeting.