Russia’s decision to quit the Black Sea Grain deal has left the global south exposed, said Linda Thomas-Greenfield, the US ambassador to the United Nations.
The deal, brokered by the UN and Turkey last year, expired on Monday and Russia elected not to renew it for another 60 days, meaning Ukraine’s ability to export grain to much of the world is in jeopardy.
The besieged country is one of the world's largest grain exporters and the move sent wheat prices dramatically up.
Russia “can't get their way, so they just keep threatening the world and the world is suffering,” said Ms Thomas-Greenfield in Colorado on Tuesday night.
“Food prices are going up, there are shortages and it's being impacted more in the global South than anywhere else in the world.”
The deal had provided safe shipping corridors in the Black Sea that allowed Ukraine to ship about 33 million tonnes of food for export, a majority of which went to developing countries.
Ms Thomas-Greenfield said that “millions of people are going to suffer” because of Russia’s actions.
The career diplomat's comments follow Ukrainian Foreign Minister Dmytro Kuleba’s pleas to the international community to Russia’s decision to abandon the deal.
Ms Thomas-Greenfield was speaking at the opening of the Aspen Security Summit, a three-day conference held in the pristine Rocky Mountains that attracts some of the biggest names in US intelligence and security.
This year’s event will be headlined by US Secretary of State Antony Blinken and White House National Security Advisor Jake Sullivan.
The event is held in the exclusive Colorado ski town that is more commonly associated with extreme luxury and outdoor adventures than global affairs.
But organisers insist the dramatic setting, a world away from Washington's stifling summer humidity, is an opportunity for thoughtful ruminations on the state of the world and how the US can chart its path forward.
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
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Cricket World Cup League 2 Fixtures
Saturday March 5, UAE v Oman, ICC Academy (all matches start at 9.30am)
Sunday March 6, Oman v Namibia, ICC Academy
Tuesday March 8, UAE v Namibia, ICC Academy
Wednesday March 9, UAE v Oman, ICC Academy
Friday March 11, Oman v Namibia, Sharjah Cricket Stadium
Saturday March 12, UAE v Namibia, Sharjah Cricket Stadium
UAE squad
Ahmed Raza (captain), Chirag Suri, Muhammad Waseem, CP Rizwan, Vriitya Aravind, Asif Khan, Basil Hameed, Rohan Mustafa, Kashif Daud, Zahoor Khan, Junaid Siddique, Karthik Meiyappan, Akif Raja, Rahul Bhatia
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Abu Dhabi GP schedule
Friday: First practice - 1pm; Second practice - 5pm
Saturday: Final practice - 2pm; Qualifying - 5pm
Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm
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The Details
Article 15
Produced by: Carnival Cinemas, Zee Studios
Directed by: Anubhav Sinha
Starring: Ayushmann Khurrana, Kumud Mishra, Manoj Pahwa, Sayani Gupta, Zeeshan Ayyub
Our rating: 4/5
MATCH INFO
Newcastle 2-2 Manchester City
Burnley 0-2 Crystal Palace
Chelsea 0-1 West Ham
Liverpool 2-1 Brighton
Tottenham 3-2 Bournemouth
Southampton v Watford (late)
Why seagrass matters
- Carbon sink: Seagrass sequesters carbon up to 35X faster than tropical rainforests
- Marine nursery: Crucial habitat for juvenile fish, crustations, and invertebrates
- Biodiversity: Support species like sea turtles, dugongs, and seabirds
- Coastal protection: Reduce erosion and improve water quality
