Food security in the wake of Ukraine-Russia war
Editorial 10 October 2022In our globalized world almost half of the nutritional intake derives from wheat, corn and rice; Ukraine and the Russian Federation are among the main exporters of key tassels to the global food supply chain like sunflower oil, fertilizers and wheat. According to BBC estimations, the conflict – which has been going on since February 2022 – could affect 1.7 billion people, the majority of which from developing countries, due to record high increases in food prices and to the inability of the system in place to store and distribute the produces food effectively. To understand how a localized armed conflict can generate such dire global consequences and how it affects different aspects of our economy be sure to go through our latest NEU number!
