India has banned exports of wheat effective immediately, citing a risk to its food security, partly due to the war in Ukraine.
I was set for my trip, or so I thought. That's when my friend told me to place a plastic bottle on my tire when traveling. The reason is quite cleverIn a break from its socialist model, Venezuela's government plans to open for private investment a number of state-owned companies in vital sectors as it seeks to address a need for capital for severely underinvested businesses.
Food prices hit an all-time record in February and March, hastened by the Russia-Ukraine conflict.Russia and Ukraine account for nearly a third of global wheat and barley, and two-thirds of the world's sunflower oil. Ukraine is the world's number 4 corn exporter. Concerns about food security have led some countries to hoard staples. Indonesia banned most exports of palm oil in late April to ensure domestic supplies.Higher vegetable oil prices have driven up broader food costs.
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