Russia’s invasion of Ukraine, which pits two of the world’s major wheat and corn producers against one another, has deep implications for several grain-importing countries. Grain prices had already risen steadily over the past year due to pandemic-related supply chain disruptions and increasing energy prices. The war further pushed these prices to an all-time high in February, seriously rattling an already shaky global food system. While some commentators are calling for trade measures that would facilitate alternate sources of grain exports to make up for the shortfalls, what is really needed is a major rethink of the conventional food security [...]
In late February, the Intergovernmental Panel on Climate Change, or IPCC, released its most recent report, summing up the latest research on how climate change is affecting ecosystems as well as the effectiveness of the various climate adaptation measures governments across the world have enacted so far. On the latter score, the report concludes that the current pace of adaption is insufficient and finds that the measures being implemented are not holistic enough to address the major climate challenges the world faces. According to the report, some of climate change’s impacts on the natural world and human societies are now considered [...]
If the global scramble to replace Russia’s oil in the wake of its Ukraine invasion had occurred a few years from now, instead of today, diplomats would be turning not only to Saudi Arabia, Iran and Venezuela for potential new sources of oil, but also to another, perhaps unexpected country: Guyana, a minuscule South American nation that is now in the process of becoming a petroleum powerhouse. In the history of the world, few moments like this—in which an impoverished country suddenly discovers that it possesses untold wealth—have ever occurred. And yet, that’s what happened in Guyana in 2017, when ExxonMobil [...]
