Recommended Watch: Global food supply is now in danger; These commodities most at risk from Ukraine war - Ivo Pezzuto
(youtube.com)
“Challenges in the food and energy markets could get much worse and lead to significant disruptions in the global supply chain if the Russian-Ukraine war stretches out longer than expected,” said Ivo Pezzuto, Professsor of Global Economics, Competitiveness, and Digital Transformation at the International School of Management in Paris.
Pezzuto discussed the impact of the Russia-Ukraine war on the global supply chain with David Lin, Anchor at Kitco News.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Ivo Pezzuto on Twitter: @IvoPezzuto (https://twitter.com/IvoPezzuto)
0:00 - Food, critical commodities at risk
6:50 - Food shortage?
9:27 - Global growth outlook
13:00 - How will Ukraine war end?
19:54 - Recession in the U.S.?
21:45 - China's lockdowns
24:13 - Biggest risks to global growth
#UkraineRussia #commodities #inflation
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Francisco Gimeno - BC Analyst Many voices are adding wood to the fires actually happening in the world, with powerful reasons. The global disruption started some years ago in economy, finances, society, geopolitical shifts, climate related events, supply chains, are exacerbated by the Pandemic and the Ukraine conflict. Commodites are either not produced enough or have issues being moved around. Although there is food for everyone, there are lot of strains in food supply, and worse, in materials used to create fertilisers, which are the backbone of our global mass agricultural system. This will bring no doubt, food prices up, lack of food in countries and lands where supply chain was already problematic, cities, etc. This is going to be noticed everywhere, sooner than later. Getting ready is paramount.