Article
Countdown Begins: Former Central Bank Advisor Warns Food-Price Shock Could Hit "Within 6 To 9 Months"
Countdown Begins: Former Central Bank Advisor Warns Food-Price Shock Could Hit "Within 6 To 9 Months"
Alexandra Prokopenko, a fellow at the Carnegie Russia Eurasia Center and a former advisor at the Bank of Russia, warned on X that the near-shutdown of the Strait of Hormuz has triggered an energy shock that risks morphing into a "slower, more consequential story": fertilizers.
"A near-shutdown of the Strait of Hormuz is triggering a supply shock that will show up in food prices 6–9 months from now," Prokopenko wrote on X, adding, "Putin's gains...
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Riyadh Seeks To Replace Israel With Syria For EU Fiber-Optic Cable Route
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Via Middle East Eye
Saudi Arabia wants to replace Israel with Syria as the transit country for a fiber-optic cable designed to connect the kingdom to Greece through the Mediterranean Sea, two regional officials familiar with the project told Middle East Eye.
Saudi Arabia's insistence that it be connected to Greece through Syria, and not Israel, as previously discussed, underscores how regional alignments are shifting as Riyadh looks to bolster Damascus’s standing in the region and potentially isolate Israel.
via AFP
Saudi Arabian Crown Prince Mohammed bin Salman has...
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