Russia's exit from Black Sea grain deal will drive up food prices

Russia's exit from Black Sea grain deal will drive up food prices | Europe In: 60 | GZERO Media

Carl Bildt, former prime minister of Sweden, shares his perspective on European politics.

What are the consequences of Russia exiting the Black Sea grain deal?

Severe, no question about that. It is obvious that Russia intends to completely stop all Ukraine grain exports over the Black Sea anyhow, as far as they can. It's not only exiting the agreement, it's also sustained attacks against the grain export terminals in Ukraine, and also those very close to the border with Romania. Upward pressure on global food prices, no question about that, that's going to be the consequences, and Russia is responsible.

How is the Ukrainian counteroffensive going?

Well, it's a hard slog. These areas have been extensively fortified and mined by the Russians, and we should also be aware of the fact that the Ukrainian army and the Russian army today is a different army. There's a lot of mobilized people, they have training for just some months. So I think it is going to take some time. So give it a month, or somewhat more than that, and we can make a more accurate assessment of how far they can achieve.

More from GZERO Media

Walmart is fueling American jobs and strengthening communities by investing in local businesses. Athletic Brewing landed a deal with Walmart in 2021. Since then, co-founders Bill Shufelt and John Walker have hired more than 200 employees and built a150,000-square-foot brewery in Milford, CT. Athletic Brewing is one of many US-based suppliers working with Walmart. By 2030, the retailer is estimated to support the creation of over 750,000 US jobs by investing an additional $350 billion in products made, grown, or assembled in America. Learn more about Walmart’s commitment to US manufacturing.

In this new episode of Tools and Weapons, Microsoft's Vice Chair and President Brad Smith and Dr. Fei-Fei Li reflect on poignant moments from her memoir, "The Worlds I See: Curiosity, Exploration, and Discovery at the Dawn of AI," highlighting the crucial role of keeping humanity at the center of AI development. They also explore how government-funded academic research, driven by curiosity rather than profits, can lead to unexpected and profound discoveries that propel innovation and economic opportunities. Dr. Li is a pioneering AI scientist breaking new ground in computer vision, and she is a Stanford professor who is currently leading the innovative start-up World Labs. While her career is deeply rooted in technical expertise, Dr. Li's journey is driven by an insatiable curiosity. Subscribe and find new episodes monthly, wherever you listen to podcasts.

Courtesy of Midjourney

In the first few weeks of Donald Trump’s second term in the White House, the president dispatched the world’s richest man, Tesla CEO Elon Musk, and an army of engineers to hack and slash the federal bureaucracy. But Musk isn’t just seizing control of the executive branch; he’s using artificial intelligence as his weapon of choice.

French President Emmanuel Macron delivers a speech during the plenary session of the Artificial Intelligence Action Summit at the Grand Palais in Paris, France, on Feb. 11, 2025.

REUTERS/Benoit Tessier

People look at Linda Dounia Rebeiz's 14° 40′ 34.46″ N 17° 26′ 15.14″ W, which is displayed during a preview for a first-ever AI-dedicated art sale at Christie's Auctions in New York City, on Feb. 5, 2025.

REUTERS/Brendan McDermid

The esteemed art auction house Christie’s will hold its first-ever show dedicated solely to AI-generated art later this month.

US Vice President JD Vance delivers a speech during the plenary session of the Artificial Intelligence Action Summit at the Grand Palais in Paris, France, on Feb. 11, 2025.

REUTERS/Benoit Tessier

Speaking at the AI Action Summit in Paris, France, US Vice President JD Vance on Tuesday laid out a vision of technological innovation above all — especially above regulation or international accords.

- YouTube

How worried should we be about bird flu spreading to humans in the US? Are rising bird flu numbers the beginning of the next pandemic? On GZERO World with Ian Bremmer, New York Times science and global health reporter, Apoorva Mandavalli says that now is the time to start taking bird flu more seriously.