4.7 • 9.2K Ratings
🗓️ 14 March 2022
⏱️ 8 minutes
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0:00.0 | NPR. |
0:12.1 | This is the Indicator from Pan at Money, I'm Darien Woods. |
0:14.9 | The pandemic, historic droughts, and now the war in Ukraine have been driving up food |
0:20.1 | prices, which reached an all-time high in February according to the UN Food and Agriculture |
0:25.6 | Organization. |
0:27.2 | Russia is the world's largest exporter of wheat, Ukraine is the fifth largest, and all |
0:32.4 | kinds of other cereal and crops for vegetable oils are key exports from Ukraine. |
0:37.6 | So it can be pretty safe to say that the war is going to send global food prices higher |
0:41.7 | and higher. |
0:43.2 | But the consequences of these higher food prices will be far greater for some countries |
0:46.9 | than others, maybe even destabilizing. |
0:50.3 | And hearing about this terrible situation, I couldn't stop thinking about an episode we |
0:53.5 | did on this very topic last September, it was with my co-host Sally Herschips. |
0:58.5 | And we heard from Eda Rudolfsen, a doctoral researcher at the Peace Research Institute, |
1:02.4 | Oslo in Uppsala University. |
1:04.5 | She studied his food prices. |
1:06.5 | So today on the show, we're re-broadcasting that episode for you with an update at the |
1:10.0 | very end. |
1:11.0 | That's it for today. |
1:27.6 | This message comes from an PR sponsor, Fundrise, a platform that makes investing in high-end |
1:32.2 | real estate easy. |
1:33.6 | You tell Fundrise your investing goals and Fundrise puts your money into the real estate |
... |
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