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‘Many may die’ warns UN after end of Black Sea grain deal

  • The United Nations' aid chief warns that the increase in grain prices following Russia's withdrawal from a Black Sea grain deal could lead to hunger and potentially devastating consequences for millions of people, particularly in developing countries.
  • U.S. Wheat futures rose by over 6% this week due to the disruption caused by Russia's withdrawal, but there are hopes that Russia may resume talks on the deal, leading to a slight decrease in prices.
  • The UN argues that the Black Sea grain deal, which aimed to combat a global food crisis, has been beneficial in lowering food prices globally by over 23%.
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Libertatea.ro broke the news in Bucharest, Romania on Friday, July 21, 2023.
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