We Want One Solution, But One Solution Can't Solve Our Polycrisis

Goldman Sees Risk Of Food Price Spike Amid Fertilizer Disruption The conversation grows louder by the day as disruption at the Hormuz chokepoint hits the global nitrogen fertilizer market and, in turn, is set to impact upcoming corn and grain harvests in some key growing regions. Goldman commodity analysts Lina Thomas and Daan Struyven penned a note on Tuesday warning clients that chokepoint risks in the Strait of Hormuz may affect global agricultural prices. "The Strait of Hormuz is a critical route in the global nitrogen fertilizer market, which accounts...

Saudi Arabia's $1Tn Wealth Fund Opens Shanghai Office As China Ties Deepen Via The Cradle Saudi Arabia’s Public Investment Fund (PIF) opened a second office in mainland China earlier this year, establishing a Shanghai branch to expand dealmaking and attract more Chinese investment into the kingdom, Bloomberg reports. The office was registered last year, falls under PIF’s Beijing branch, and is led by Lily Cong, a former chief representative of Fidelity International in China’s capital. Source: Britannica  The Shanghai outpost was reportedly created to strengthen the $1 trillion fund’s ability to pursue outbound deals in China,...