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Sunflower oil
03/18/2022
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By Cassie B.
Farming disruptions in Ukraine are endangering the food system and global supply chain
Ukrainian President Volodymyr Zelenskyy has been encouraging the country’s farmers to sow as many fields as they can in an effort to protect the food supply. It’s an important message from the world’s largest exporter of sunflower oil and second-largest shipper of grains, but it’s looking increasingly impossible as Russia’s invasion of the country rages […]
03/17/2022
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By Ramon Tomey
IMF: Russia-Ukraine war may FUNDAMENTALLY ALTER economic, political order worldwide
The International Monetary Fund (IMF) said the ongoing war between Russia and Ukraine may “fundamentally alter” the political and economic order globally. “The war may fundamentally alter the global economic and geopolitical order should energy trade shift, supply chains reconfigure, payment networks fragment and countries rethink reserve currency holdings,” the IMF posted on its website […]
03/16/2022
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By Cassie B.
Europe faces sunflower oil shortage as Russian attacks on Ukraine continue to disrupt food supply
The war in Ukraine is already having a noticeable effect on the food supply in Europe, with store shelves in some countries stripped bare of popular Ukrainian exports like sunflower oil and concerns growing about the future availability of wheat. EU refineries source as much as 45 percent of their sunflower oil from Ukraine, and […]
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