Using the Whole Whale - A Nonprofit Podcast
Business:Non-Profit
Nonprofitnewsfeed.com
Russia Pulls Out Of Black Sea Initiative Risking Global Grain Price & Supply Shock
The Black Sea grain export deal, which has facilitated the safe export of grain from Ukraine for the past year and played a significant role in easing a global food crisis, is set to expire after Russia announced it would suspend its participation, as reported by Reuters and other outlets. The United Nations-brokered deal has enabled Ukraine to export approximately 32 million metric tons of corn, wheat, and other grains amid the Russia-Ukraine conflict and the blockade of Ukraine's Black Sea ports. The end of this deal could have considerable ramifications for global grain prices, which had soared due to Russia's invasion in February 2022. A key Russian demand has been to reconnect the Russian Agricultural Bank to the SWIFT international payments system, which the EU had severed in June 2022 due to Russia's invasion. The Black Sea Grain Initiative, run by the Joint Coordination Centre in Istanbul, has seen over 32 million tonnes of food commodities exported from three Ukrainian Black Sea ports to 45 countries across three continents in the last year, significantly helping to reverse global food prices that had hit record highs shortly before the agreement's inception. Ukraine is a key supplier of grain on international markets and is relied on heavily by humanitarian organizations and NGOs, which had previously warned of dire consequences of a grain shortage for their operations.
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Summary
250: (news) Afghanistan & Haiti - How Nonprofits are Responding
249: (news) Half of U.S. Gives & ASPCA Overhead Questions
248: From Fellow to Fulltime - Kariesha Martinez exit interview
247: (news) Bezos Blasts Off Donation & Nonprofit Trust Report
246:(news) Nonprofit Closure Trend & Steph Curry Joins NinetyToZero
245:(news) Fundraising Scrutiny & Frontline SMS Closes
244: (news)Donor Disclosure Fight & NCAA Athletes Can Earn
243: Ann Nguyen Exit Interview Podcast
242: (news) Buffett donates Billions Leaving Gates & NFL Pride History
241: The Story of freeCodeCamp - founder interview
240: (news) 5% Rise in US Giving & Juneteenth Official
239: (news) DAF legislation & Nonprofit Wins Pulitzer
238: How To Travel Ethically - Author interview
237: (news) Direct mail price hikes & OpenSecrets.org Launches
236: (news) Nonprofits in Tulsa & USAID Russian Hack
235: (news) Carbon Capture & Fighting Voter Suppression
234: Volunteering through the Pandemic with Golden
233:(news) $1B Meme Coin Donations & Nonprofit job report
232:(news) Gates Foundation Divorce & Vaccine Awareness work
231: Your Voice Matters: Author Interview
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