Neon
Let's Know Things
Colin Wright
4.8 • 593 Ratings
🗓️ 21 June 2022
⏱️ 23 minutes
🧾️ Download transcript
Summary
This week we talk about wheat, DUV lasers, and shortages.
We also discuss Russia, supply chains, and microprocessors.
Show notes / transcript: https://letsknowthings.com/episode317
This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit letsknowthings.substack.com/subscribe
Transcript
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| 0:00.0 | Ukraine and parts of Russia are often called the breadbasket of Europe, |
| 0:19.0 | and that breadbasket is responsible for a huge chunk |
| 0:22.3 | of the global wheat supply, in particular, that wheat tending to be shipped to nearby African |
| 0:28.3 | and Middle Eastern countries, alongside European neighbors, including many of the most food-insure |
| 0:34.3 | parts of the world, like Afghanistan, the Democratic Republic of the Congo, Ethiopia, |
| 0:39.7 | Haiti, Nigeria, Pakistan, South Sudan, Sudan, Syria, and Yemen. |
| 0:45.3 | Many of these countries get a significant portion of their fundamental food supplies from global |
| 0:50.1 | programs, like those run by the United Nations. Such programs buy up large quantities of basics |
| 0:56.3 | like wheat and other grains and then distribute those basics to regions that are experiencing |
| 1:01.9 | food insecurity due to famine, warfare, or general instability, governments that fail to provide |
| 1:09.5 | for their people, areas in which sectarian or civil |
| 1:12.7 | conflicts reduce agricultural production, that sort of thing. So Russia's invasion of Ukraine has been |
| 1:19.3 | devastating already into the fourth month, because the supply chains that typically deliver |
| 1:24.9 | such food resources have been severed or entangled in such a way that existing supplies aren't getting to where they need to go. |
| 1:32.6 | Russia's expulsion from some portions of the global economy is partly to blame for this, |
| 1:38.3 | and Ukraine's inability to ship the grain it's already harvested is another part of the problem. |
| 1:43.4 | Some of that unshipped grain is being held by Russia, which is unsuccessfully so far, |
| 1:48.0 | trying to sell it after having captured it, and some of which is still held by Ukrainians, as of the day I'm recording this at least, but cannot be shipped via the usual Black Sea ports, which are currently blockaded by Russian forces. |
| 2:02.5 | So they're in the process, with the help of Western allies, of figuring out how to ship |
| 2:06.9 | large quantities of hard-to-move food resources overland instead, ultimately getting those |
| 2:13.4 | resources to the usual buyers, including those food programs, which in turn need to get them |
| 2:18.9 | to these often hard-to-reach, often landlocked nations. |
... |
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