Mitch Rubman's Coffee Cup Club

Mitch Rubman's Coffee Cup Club
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Sunday, March 6, 2022

Russia invades 3/6 Ukraine: Breadbasket of the world


 BARCELONA, Spain (AP) — The Russian tanks and missiles besieging Ukraine also are threatening the food supply and livelihoods of people in Europe, Africa and Asia who rely on the vast, fertile farmlands of the Black Sea region — known as the “breadbasket of the world.”


Ukrainian farmers have been forced to neglect their fields as millions flee, fight or try to stay alive. Ports are shut down that send wheat and other food staples worldwide to be made into bread, noodles and animal feed. And there are worries Russia, another agricultural powerhouse, could have its grain exports upended by Western sanctions.


While there have not yet been global disruptions to wheat supplies, prices have surged 55% since a week before the invasion amid concerns about what could happen next. If the war is prolonged, countries that rely on affordable wheat exports from Ukraine could face shortages starting in July, International Grains Council director Arnaud Petit told The Associated Press.


RUSSIA-UKRAINE WARWARSAW, Poland (AP) — In a private video call with American lawmakers over the weekend, Ukrainian President Volodymyr Zelenskyy made a “desperate” plea to the United States to help Kyiv get more warplanes to fight Russia’s invasion and retain control of its airspace.


U.S. Secretary of State Antony Blinken says Washington has given a “green light” to the idea and is currently “very, very actively” looking at a proposal under which Ukraine’s neighbor Poland would supply Kyiv with Soviet-era fighters and in turn receive American F-16s to make up for their loss.


However, the proposition is fraught with uncertainty and Poland has been less than enthusiastic about it in public, largely because Russia has warned that supporting Ukraine’s air force would be seen in Moscow as participating in the conflict and open up suppliers to possible retaliation. Official comment from NATO and European Union member Poland has been only to confirm continuing talks on the subject.

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