The deal, put in place almost a year before, was scheduled for its fourth renewal. Within hours of the announcement, Russia launched a missile attack on the port of Odesa. The following day, Russian missile attacks on key Ukraine grain handling facilities sent wheat futures prices to their largest one-day rise since February 2022. A cargo insurer operating under the agreement reportedly suspended its coverage of Ukraine Black Sea grain shipments.
The Russian Invasion of Ukraine Threatens to Further Exacerbate the Food Insecurity Emergency in Yemen
The Russia-Ukraine conflict has roiled agricultural markets, particularly wheat, which has seen prices rise by 30% since Russia invaded on Feb. 24. This post focuses on the impacts of the crisis on Yemen, whose poverty, civil war, and dependence on wheat imports from Russia and Ukraine make it uniquely vulnerable to the current market and supply disruptions.
Model: Impact of falling remittances amid COVID-19 on Yemen’s war-torn economy
Dalia Elsabbagh - Senior Research Assistant, IFPRI Egypt
Sikandra Kurdi - Research Fellow, IFPRI Egypt
Manfred Wiebelt - Senior Research Fellow and Professor of Economics (emeritus), Kiel Institute for the World Economy, Kiel, Germany
The day-to-day hardships of the COVID-19 pandemic are often compared to life during wartime. But Yemenis have it far worse: They are experiencing a pandemic and a war simultaneously. [...]
Improving Food Security by Avoiding Conflict Relapse
June 12, 2017 By: George F. Willcoxon, Political Scientist, United Nations Economic and Social Commission for Western Asia Share URL The United Nations humanitarian chief recently announced that the world faced the worst humanitarian crisis since the end of World War II, with over 20 million people at risk of starvation, due in large part to conflicts in […]
No Peace, No Sustainable Development: A Vicious Cycle that We Can Break
April 20, 2016 By: Khalida Bouzar, Director of the Division of Near East, North Africa, Europe and Central Asia at the International Fund for Agricultural Development (IFAD) Share URL The following text was published originally in the UN Chronicle, Implementing the 2030 Agenda: The Challenge of Conflict, April 2016. The Sustainable Development Goals (SDGs) have an intrinsic […]
