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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.
US
A US House of Representatives Oversight and Reform committee hearing is underway on the escalating food security and humanitarian crisis in Ukraine.
- The hearing can be followed here: https://oversight.house.gov/legislation/hearings/t...
- Comes as the US and Ukraine accuse Russia of "blackmail" and "exporting starvation" by blockading Ukrainian exports in the Black Sea.
- IISS director John Chipman has told the Shangri-La Dialogue in Singapore: "Success in Europe is vital to success in Asia. How can one speak about helping to support a free and open Indo Pacific when so far it has not proven possible to secure a free and open Black Sea?"
- Yesterday Ukrainian President Volodymyr Zelensky warned that millions could be affected by the Russian blockade of Ukrainian ports. Zelensky: "Ukraine will only be able to export a maximum of 2 million tons of grains a month – just one-third of its usual 6 million tons of exports – if Russia refuses to lift its blockade of the country's Black Sea port."
- Axios published a report today showing the most severely exposed countries to a collapse of Ukrainian food exports.
Figure 1: Countries most exposed to Ukrainian exports (Axios)
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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