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The Ukraine War’s Effects on Global Food Supplies

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(click to enlarge) Record food prices and disrupted grain supply due to the war in Ukraine bode poorly for global food security. Ukraine and Russia...

Daily Memo: Russian and Ukrainian Foreign Ministers Meet

No progress. Russian Foreign Minister Sergey Lavrov and Ukrainian Foreign Minister Dmytro Kuleba held talks on Thursday in Turkey. They discussed a possible cease-fire and humanitarian issues, but no progress was made on these or other issues. Kuleba called the talks difficult, while Lavrov said Moscow wants Ukraine to adopt a neutral status and certain […]

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Rising Food Prices Will Shake the Middle East and North Africa

The war in Ukraine is exacerbating preexisting problems with global grain supplies and prices. Although higher prices will be felt by all, North African and Middle Eastern countries along the Mediterranean will be more directly and severely affected. Sudden spikes in food prices are directly linked to increased social unrest and conflict. Further, instability in […]

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Daily Memo: Blinken Starts European Tour

Blinken in Europe. U.S. Secretary of State Antony Blinken began a European tour on Thursday with a visit to Brussels. The tour will involve consultations and coordination with NATO and European partners. Blinken will next stop in Poland, Moldova, Latvia, Lithuania and Estonia Round two. Russian Foreign Minister Sergei Lavrov said the second round of […]

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The World in 2022

“The farther backward you can look, the farther forward you can see,” Winston Churchill once quipped. Predicating expectations of the future on an understanding of history is as important today as it was in his day. It forms the backbone of our World in 2022 analysis. But even Churchill wasn’t wise enough to foresee the […]

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Food Prices in Canada

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(click to enlarge) Canada is on a growing list of developed economies grappling with rising food prices. This year, the cost of food increased there...

Daily Memo: US to Cut Chinese Tariffs?

Tariff changes. A scaling back of U.S. tariffs on China may be in the offing. U.S. Treasury Secretary Janet Yellen on Thursday said cutting tariffs on Chinese goods would help ease inflation pressure in the United States. U.S. businesses and consumers have borne the bulk of the costs of the tariffs, which haven’t done a […]

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Daily Memo: New EU Measures Against Belarus

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Targeting Belarus. The European Commission announced on Wednesday temporary new measures to toughen asylum processing rules on the Belarusian border. Poland, Latvia and Lithuania...

Daily Memo: New COVID Restrictions, Record Japanese Defense Spending

No rest for the weary. While the U.S. was shut down for the Thanksgiving holiday, much of the rest of the world started shutting down due to fears of the new omicron variant of COVID-19. Over the weekend, dozens of countries rushed to restore travel restrictions and other measures, despite it remaining unclear just how […]

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Russia’s Move

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Russia is not a trustful country – for good reason. Germany invaded it twice in the 20th century, France invaded it once in the...

Daily Memo: Protests Erupt in Europe, Deal Reached in Sudan

Anger boils over. Protests broke out across Europe over the weekend after governments announced new COVID-19 restrictions last week. In Vienna, roughly 40,000 people demonstrated against lockdown measures and a new mandate making vaccinations mandatory beginning in 2022. In Brussels, police clashed with protesters at a demonstration attended by 35,000 people, according to authorities. Violent […]

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Daily Memo: Philippines Accuses China of Blocking Its Ships

Chinese interference. Manila is accusing Beijing of sending three coast guard vessels to block Philippine supply ships from reaching Second Thomas Shoal, one of the few islets in the Spratly archipelago controlled by the Philippines. Philippine Foreign Secretary Teddy Locsin said the Chinese vessels used water cannons to force the Philippine ships, which were carrying […]

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