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The war in Ukraine and subsequent sanctions on Russia have disrupted global food supplies. Disruptions to exports from the two countries have pushed up the price of key staples such as sunflower oil, wheat and maize; the latter two have recently hit their highest levels in more than a decade. But the war has also affected supplies of fertilisers and animal feed, suggesting the worst impacts may be yet to come.
The effects of the crisis are already being felt around the globe. The bread price in Egypt has shot up by more than 25%. And the head of the African Development Bank has warned of an impending ‘food crisis’ in the region. There have already been shortages of cooking oil in Indonesia, triggering some protests in Jakarta. And in an illustration of the potential explosive impacts of the Ukraine conflict, the spiralling cost of living in Sri Lanka has triggered mass violent unrest in recent days.
In this webinar, we will outline which countries we assess to be most exposed to the knock-on food insecurity effects of the Ukraine conflict. We will draw on data we have compiled, and discuss which countries are likely to weather the crisis, and which will be hit hardest. We will then look at potential second- and third-order risks, such as protests and unrest, as well as higher-impact scenarios such as conflict or regime instability.
We look forward to you joining. Places are limited and preference will be given to Dragonfly clients.
Date: Friday 8 April
Time: 0900hrs EDT | 1400hrs BST | 1500hrs CEST