Friday, 19th April 2024
To guardian.ng
Search

Middle East faces severe wheat crisis over war in Ukraine

Middle Eastern and North African countries rely heavily on wheat imports from Russia and Ukraine. The current war could lead to a severe food crisis in a region already under pressure.

 

In this article

0 Comments

Your email address will not be published. Required fields are marked *

Related

13 Apr
Nigeria’s Minister of Finance, Wale Edun says 4.83 trillion naira from T-Bills and Bonds issued in the first quarter of this year was used to pay part of the Ways and Means advances from the Central Bank of Nigeria. Sam Chidoka, CEO of Kairos Capital joins CNBC Africa for more on this discussion and Nigeria's debt management strategy.
3 days ago
A year after Lula came to power, his gamble has paid off: deforestation has been halved in the Amazon. But this success comes at the cost of sacrificing another ecosystem that's just as vital to Brazil: the Cerrado.
3 days ago
After a year of war, Sudan is dealing with one of the world's worst humanitarian crises. As more local and international actors get involved, the outlook remains grim.
3 days ago
Some top Nigerian banks are eyeing the international and local capital markets to raise fresh capital in a bid to meet the recapitalisation exercise by the Central Bank of Nigeria. Egie Akpata, Chairman of Skymark Partners joins CNBC Africa to examine options available to banks.
1 day ago
According to the International Monetary Fund (IMF), a 10% rise in the dollar on the currency market would push down real gross domestic product (GDP) in emerging economies by 1.9% after one year, with adverse economic effects lasting more than two years
1 day ago
The Iranian attack was largely repelled and as such is a "dramatic failure", Barak said. As a result, he believes "there is no need and no will to go into full-scale war" with Iran.