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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessBiden: G7 To Address Global Fertiliser Shortage Tomorrow
President Joe Biden is in Kankakee, Illinois delivering remarks on farming and Ukraine.
- The remarks can be followed here: https://www.whitehouse.gov/live/
- White House: 'President Biden Delivers Remarks on Putin’s Price Hike and his Administration’s Actions to Support Farmers and Food Processors, Lower Their Costs and Lower Prices for Families, and Standing with Ukraine.'
- Biden calls America the 'breadbasket of democracy' and says America is fighting on two fronts. Inflation at home and to protect Democracy in Ukraine.
- Biden: 'Ukraine has 20 million tonnes of grain in silos. If they can't get to markets an awful lot of people in Africa are going to starve to death.'
- Biden: 'We are doing something about it. Expanding production and feeding the world.'
- Biden says the administration will expand insurance policies to farmers to allow double cropping.
- Secretary of Agriculture Thomas Vilsack will be dispatched to Europe this evening for talks on food supply.
- Biden: '[Vilsack] is heading to Germany to the G7. That is all the democracies in Europe getting together and their agricultural teams getting together ...to solve some really big problems.'
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.