Monday, August 15, 2022

Burnt to a Crisp

By on March 18, 2022

Experts Warn of Crisis Due to Distribution Chain Vulnerability Amid Russia-Ukraine War

As if the impact of the COVID-19 pandemic on world economies and on the food distribution chain were not enough, the Russian invasion of Ukraine threatens to further impact the distribution of supplies globally.

Last week, President Joe Biden issued an executive order banning the import of Russian oil, liquefied natural gas and coal to the United States, further increasing the number and breadth of sanctions already imposed on the Eurasian giant in the purchase of other raw materials and food products. Almost simultaneously, the United Kingdom announced that it would suspend energy imports from Russia before the end of this year, and in Brussels, the European Union announced its intention to reduce its imports of Russian gas by two-thirds over the year.

Some analysts assure that, with this latest embargo, the United States and the EU are indirectly strengthening…

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