Wheat Prices Hit Record High as India’s Heat Wave-Driven Export Ban Compounds Ukraine War Supply Woes

Charles VerheySocial Studies Current EventsLeave a Comment

May 17, 2022Arshad R. ZargarCBS News New Delhi—India’s recent decision to severely restrict wheat exports amid a devastating heatwave has driven up global prices for the basic commodity to record levels, and drawn warnings of looming food shortages around the globe. The price of wheat futures rose by 5.9% Monday to touch an all-time high of $12.68 per half bushel … Read More

Fears Rise in Ukraine of Use of Chemical Weapons

Charles VerheySocial Studies Current EventsLeave a Comment

April 13, 2022Francesco Fontemaggi and Sylvie LanteaumeThe Moscow Times The United States said Tuesday it has “credible information” that Russia may use “chemical agents” in its offensive to take the besieged Ukrainian city of Mariupol, reigniting concerns about the use of such prohibited weapons. While the West and Kyiv have been warning Moscow since the start of its invasion on … Read More