The Global Significance of Ukraine's Grain Shipments Amid Russia's Conflict

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Source: Yahoo News
The Global Significance of Ukraine's Grain Shipments Amid Russia's Conflict
Photo: Yahoo News
TL;DR Summary

The grain deal brokered by the United Nations and Turkey between Ukraine and Russia, which allows food and fertilizer to be shipped from the warring nations to parts of the world facing food insecurity, is at risk of not being renewed. The deal has helped stabilize global food prices and allowed humanitarian food aid to reach vulnerable countries. If the deal ends, there could be a spike in food prices, exacerbating hunger. Russia has demanded the lifting of sanctions and restrictions on agricultural exports as a condition for extending the deal. The agreement is crucial for the 79 countries and 349 million people on the frontlines of food insecurity.

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