Russia announced on Monday that the Black Sea grain deal will not be extended. This initiative has enabled Ukraine to export agricultural products through Russia’s blockade of the Black Sea; however, Ukrainian exports are only at a fraction of pre-war levels.
The termination of the grain deal should sound alarm bells for everyone. As one of the world’s largest grain exporters, Ukraine has played a vital role in feeding the world’s population. With exports already limited, the end of this deal will likely spark widespread shortages, price increases, and famine.
So why did Russia terminate the deal? Reports from the Kremlin state that not all conditions outlined in the deal had been met, so the agreement ceased to be valid. Admittedly, I’m a bit surprised that the intermittent coordination between Kyiv and Moscow lasted this long…and that’s before we even look at the Kerch Strait Bridge being attacked (again) on the eve of this deal’s expiration date.
Speaking of the recent attack, we’ll have an update on the Kerch Strait Bridge as soon as I can upload the video from the mountain tops here in Colorado.
To give you a refresher on the Black Sea Grain Deal and some context on how we got here, the video below contains my thoughts from August 2022 and March and June of 2023.
Here at Zeihan On Geopolitics we select a single charity to sponsor. We have two criteria:
First, we look across the world and use our skill sets to identify where the needs are most acute. Second, we look for an institution with preexisting networks for both materials gathering and aid distribution. That way we know every cent of our donation is not simply going directly to where help is needed most, but our donations serve as a force multiplier for a system already in existence. Then we give what we can.
Today, our chosen charity is a group called Medshare, which provides emergency medical services to communities in need, with a very heavy emphasis on locations facing acute crises. Medshare operates right in the thick of it. Until future notice, every cent we earn from every book we sell in every format through every retailer is going to Medshare’s Ukraine fund.
And then there’s you.
Our newsletters and videologues are not only free, they will always be free. We also will never share your contact information with anyone. All we ask is that if you find one of our releases in any way useful, that you make a donation to Medshare. Over one third of Ukraine’s pre-war population has either been forced from their homes, kidnapped and shipped to Russia, or is trying to survive in occupied lands. This is our way to help who we can. Please, join us.