Approximately 30% of the world's wheat comes from Russia and Ukraine. In addition, Russia is the world's largest exporter of fertilizer and as economic sanctions take hold, a boycott of Russian fertilizer could result in a lower crop yield overall.
Bryon Lake, Global Head of ETF Solutions at J.P. Morgan Asset Management, said commodity ETFs have seen outsized inflows to the tune of roughly $20 billion year to date, which is regarded as clear evidence investors have been bolstering their portfolios as they brace for more inflation ahead. "When money comes into the fund, we buy three different futures contracts in each fund," he said."We never buy spot. We're always letting people participate what they call along the curve of futures. So, if you think the price of the commodity will go up, you buy the fund, and those futures contracts go up.
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McDonald's Russia: Fast food chain leaving country altogether amid Ukraine warThe burger chain will sell its Russia business, saying the 'humanitarian crisis caused by the war in Ukraine, and the precipitating unpredictable operating environment, have led McDonald's to conclude that continued ownership of the business in Russia is no longer tenable, nor is it consistent with McDonald's values.' Good. Healthier Russians Menos comida chatarra 🤣🤡
Source: ABC7 - 🏆 67. / 68 Read more »
McDonald's Russia: Fast food chain leaving country altogether amid Ukraine warThe burger chain will sell its Russia business, saying the 'humanitarian crisis caused by the war in Ukraine, and the precipitating unpredictable operating environment, have led McDonald's to conclude that continued ownership of the business in Russia is no longer tenable, nor is it consistent with McDonald's values.' A great way to get rid of unhealthy foods. Hopefully the US is next!
Source: abc13houston - 🏆 255. / 63 Read more »
McDonald's Russia: Fast food chain leaving country altogether amid Ukraine warThe burger chain will sell its Russia business, saying the 'humanitarian crisis caused by the war in Ukraine, and the precipitating unpredictable operating environment, have led McDonald's to conclude that continued ownership of the business in Russia is no longer tenable, nor is it consistent with McDonald's values.' I still remember when McDonalds first opened in Moscow. They had to build the entire supply chain to ensure quality. We beat tyranny once before, lets hope we can do it again. PutinIsaWarCriminal
Source: abc7newsbayarea - 🏆 529. / 51 Read more »
Ukraine wins Eurovision Song Contest in wave of goodwill following invasion by RussiaUkraine's Kalush Orchestra wins the Eurovision Song Contest amid a wave of sympathy for the nation following Russia's invasion I don't think anyone is shocked. They could have participated with a guy humming for 10 minutes and won. So next year we do it in Kiev? Wait what? It's a competition to promote peace and unity, they won the Televote and UK won the Jury vote. Did the sympathy increase the odds, of course. But that doesn't take away that their song was great regardless
Source: CNN - 🏆 4. / 95 Read more »
G7 warn of Ukraine grain crisis, ask China not to aid RussiaThe Group of Seven leading economies warned Saturday that the war in Ukraine is stoking a global food and energy crisis which threatens poor countries, and urgent measures are needed to unblock stores of grain that Russia is preventing from leaving Ukraine. German Foreign Minister Annalena Baerbock, who hosted a meeting of top G-7 diplomats, said the war had become a “global crisis.” And China asks G7 not to aid Ukraine. Believe it or not, but hate to say I told ya so!! But the play from the get go was Europe defending Europe, and, it's not too late if the corporate press just stops cheerleading on behalf of the MIC. Anybody?
Source: YahooNews - 🏆 380. / 59 Read more »
Russia-Ukraine war live updates: NATO chief endorses looming Finland, Sweden addition as ‘historic moment’Secretary of State Antony Blinken met with Ukrainian Foreign Minister Dmytro Kuleba on Sunday to discuss military aid for Ukraine and the continuation of food exports to the developing world. Follow our live updates: 💙💛
Source: washingtonpost - 🏆 95. / 72 Read more »