Multiple effects of the Ukraine war
(PresseBox) - Russia and Ukraine are important food producers. Poorer countries should not be forgotten.
High grain and food prices are not only a burden in this country, but also in poor countries where the food supply is not the best anyway. Regions in Africa and Asia are particularly affected. In East Africa, for example, there is a drought and grain has to be imported. Food prices there have already risen sharply in the past two years. This is because demand from China and India is high, fertilizer is becoming increasingly expensive and energy costs have risen sharply. Around one third of global wheat exports, and around 80 percent of sunflower seeds, come from Russia and Ukraine. Experts expect a dramatic slump in exports.
In the food sector, it is often new technologies that are helpful. EnWave's - https://www.youtube.com/watch?v=934MixLRGB4 - special drying method is of particular importance here. The company plays a leading role in vacuum microwave drying. This is successfully used for food, pharmaceutical and also cannabis products, thus ensuring shelf life. EnWave has already concluded over 45 partnerships.
To stay with the grain and bread, the Babylonian ruler Nebuchadnezzar determined about 2,600 years ago that - converted to today's quantities and weights - an ounce of gold was worth 350 loaves of bread. How much bread would you get at today's gold price? About the same as back then, thus proving gold's stable purchasing power over centuries. Gold is stable in value, unlike paper money, which consists only of paper and/or cotton fibers and printing ink. To bet on gold, the values of gold companies can be added to the portfolio. For example, OceanaGold - https://www.youtube.com/watch?v=IYhTVvVWDi4 -, a successful gold producer with properties in New Zealand, the USA and the Philippines.
Current corporate information and press releases from EnWave (- https://www.resource-capital.ch/en/companies/enwave-corp/ -) and OceanaGold (- https://www.resource-capital.ch/en/companies/oceanagold-corp/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
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Datum: 22.03.2022 - 07:23 Uhr
Sprache: Deutsch
News-ID 657263
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"Multiple effects of the Ukraine war"
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