Putin's latest economic attack on the West fuels food crisis fears

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Putin's latest economic attack on the West fuels food crisis fears
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Vladimir Putin's latest economic assault on the West is fueling fears of a global food crisis

Vladimir Putin's latest attack on the world economy has reignited fears that Russia's ongoing assault on Ukraine will trigger a global food crisis., a United Nations-brokered deal that had allowed Ukraine to export grains and oilseeds through a safe shipping corridor.– and on Thursday threatened to attack any ships headed for those harbors on the grounds they could be carrying weapons.

That sent benchmark wheat prices surging by as much as 8.5% on Wednesday, the second biggest single-day jump in over a decade . Corn and soya bean costs have climbed this week as well.

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