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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / US Quietly Urges Russian Fertilizer Deals To Unlock Grain Trade (507 Views)
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US Quietly Urges Russian Fertilizer Deals To Unlock Grain Trade by bn365: 6:34am On Jun 16, 2022 |
The US government is quietly encouraging US agricultural and shipping companies to buy and carry more Russian fertilizer, according to people familiar with the efforts, as sanctions fears have led to a sharp drop in supplies, fueling spiraling global food costs. The US push underlines the challenge facing Washington and its allies as they seek to increase pressure on Putin over his invasion but also limit the collateral damage to a global economy which is heavily dependent on commodity supplies from Russia ranging from natural gas and oil to fertilizer and grains. Prices for all of those have spiked further since the war started in February, a point Putin regularly makes in his public efforts to undermine support for sanctions. The effort is part of complex and difficult negotiations underway involving the United Nations to boost deliveries of fertilizer, grain and other farm products from Russia and Ukraine. |
Re: US Quietly Urges Russian Fertilizer Deals To Unlock Grain Trade by Kingsnairaland(m): 8:09am On Jun 16, 2022 |
Hunger can reformat any man brain lol. 1 Like |
Re: US Quietly Urges Russian Fertilizer Deals To Unlock Grain Trade by bn365: 8:30am On Jun 16, 2022 |
When you think you know it all, you have it all figured out, must be obeyed, can do & and undo, and are all-powerful, then reality hits like a wet rag. Kingsnairaland: 1 Like |
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