exports

Food prices: Cutting biofuels could compensate for loss of Ukraine’s grain exports

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By Michael Le Page A wheat field in Ukraine Maksym Belchenko/Getty Images The war in Ukraine has already caused food prices to shoot up as global markets anticipate a loss of wheat and maize exports from one of the world’s largest producers of these crops. But Europe and the US could more than compensate for … Read more

UK announces ban on space-related exports to Russia

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The United Kingdom has issued new trade sanctions against Russia that ban all space-related exports to that country in response to its invasion of Ukraine.  U.K. Foreign Secretary Elizabeth Truss announced the new space export sanctions on Wednesday (March 9) alongside deeper sanctions related to aviation, including new powers to detain Russian aircraft. The space-related … Read more