20-06-2022, 09:31 PM
(20-06-2022, 08:23 PM)sgbuffett Wrote: Basically Putin now has the means to trigger widespread starvation globally...
Some assumptions are incorrect
1. Ukraine is not the largest wheat exporter to the world. It accounts for about 7% of global supply. Removing this 7% adds supply pressure but will certainly not "trigger widespread famine globally".
![[Image: file-20220331-15-2fuwhg.jpg]](https://i.ibb.co/F8TyXZg/file-20220331-15-2fuwhg.jpg)
2. Russia has opened up 2 ports in the areas they controlled, one in Mariupol, another in nearby Berdyansk to ship out Ukrainian wheat grains, provided Ukraine de-mine the coast.
Russia does not control all of Ukraine's ports. Odessa is still in Ukraine hands. But Ukraine is not interested to remove the mines they laid, fearing a Russian amphibious assault on Odessa
https://www.reuters.com/markets/commodit...022-06-07/