Putin Says World Faces Food Crisis Due to West’s Sanctions

Russian President Vladimir Putin attends a meeting with the head of the Republic of Ingushetia Makhmud-Ali Kalimatov at the Kremlin in Moscow, Russia March 30, 2022. (Reuters)
Russian President Vladimir Putin attends a meeting with the head of the Republic of Ingushetia Makhmud-Ali Kalimatov at the Kremlin in Moscow, Russia March 30, 2022. (Reuters)
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Putin Says World Faces Food Crisis Due to West’s Sanctions

Russian President Vladimir Putin attends a meeting with the head of the Republic of Ingushetia Makhmud-Ali Kalimatov at the Kremlin in Moscow, Russia March 30, 2022. (Reuters)
Russian President Vladimir Putin attends a meeting with the head of the Republic of Ingushetia Makhmud-Ali Kalimatov at the Kremlin in Moscow, Russia March 30, 2022. (Reuters)

President Vladimir Putin said on Tuesday that Russia must keep a close eye on its food exports to hostile countries because the West's sanctions had fomented a global food crisis and spiraling energy prices.

The West's sanctions over Putin's Feb. 24 invasion of Ukraine have tipped Russia towards its worst economic crisis since the 1991 fall of the Soviet Union, though Moscow says the global impact of the sanctions could be much more significant.

The Kremlin chief cautioned that higher energy prices combined with a shortage of fertilizers would prompt the West to print money to buy up supplies, leading to food shortages among poorer countries.

"They will inevitably exacerbate food shortages in the poorest regions of the world, spur new waves of migration and in general drive food prices even higher," Putin told a meeting on developing food production.

"In these current conditions, a shortage of fertilizers on the global market is inevitable," Putin said. "We will have to be more careful about food supplies abroad, especially carefully monitor the exports to countries which are hostile to us."

One of Putin's allies warned last week that Russia could limit supplies of agriculture products to "friendly" countries only, amid Western sanctions imposed on Moscow.

Russia is the world's largest exporter of wheat, supplying it mainly to Africa and the Middle East, and a major producer of potash, phosphate and nitrogen containing fertilizers - key crop and soil nutrients.

Russia produces more than 50 million tons a year of fertilizers, 13% of the global total. Phosagro, Uralchem, Uralkali, Acron and Eurochem are the biggest fertilizer players.

Sanctions, Putin said, had disrupted logistics for fertilizer supplies from Russia and Belarus while higher prices for natural gas was making fertilizer production more expensive in the West.

In a warning to European states, Putin warned that Moscow would respond in kind to any attempt to nationalize Russian assets, quipping that such action was a "a double-edged weapon".

Putin was speaking a day after Germany said its energy regulator would take control of Gazprom Germania, a gas trading, storage and transmission business which Russia's Gazprom said it was exiting last Friday.

The British government may decide to step in and temporarily run Russian gas giant Gazprom's British retail supply arm.

Putin says Russia's "special military operation" in Ukraine is necessary because the United States was using Ukraine to threaten Russia and Moscow had to defend Russian-speaking people in Ukraine from persecution.

Ukraine has dismissed Putin's claims of persecution and says Russia is fighting an unprovoked war of aggression.



Trump Team Says Israel-Hezbollah Ceasefire Deal Brokered by Biden Is Actually Trump’s Win

Former US President Republican presidential candidate Donald Trump arrives at a campaign rally in Traverse City, Michigan on October 25, 2024. (AFP)
Former US President Republican presidential candidate Donald Trump arrives at a campaign rally in Traverse City, Michigan on October 25, 2024. (AFP)
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Trump Team Says Israel-Hezbollah Ceasefire Deal Brokered by Biden Is Actually Trump’s Win

Former US President Republican presidential candidate Donald Trump arrives at a campaign rally in Traverse City, Michigan on October 25, 2024. (AFP)
Former US President Republican presidential candidate Donald Trump arrives at a campaign rally in Traverse City, Michigan on October 25, 2024. (AFP)

The Biden administration kept President-elect Donald Trump's incoming administration closely apprised of its efforts to broker the ceasefire deal between Israel and Hezbollah that took effect early Wednesday, according to the outgoing Democratic administration.

Trump’s team, meanwhile, was quick to spike the football and claim credit for the rare spot of good news for a Democratic administration that's been dragged down by the grinding Mideast conflict.

"Everyone is coming to the table because of President Trump," Florida Rep. Mike Waltz, Trump’s choice for his national security adviser, said in a post on X on Tuesday, shortly before the Israel Cabinet signed off on the agreement. "His resounding victory sent a clear message to the rest of the world that chaos won’t be tolerated. I’m glad to see concrete steps towards de-escalation in the Middle East."

The Biden administration's reported coordination with Trump's team on its efforts to forge the ceasefire in Lebanon is perhaps the highest-profile example of cooperation in what's been a sometimes choppy transition period.

Trump's transition team just Tuesday reached a required agreement with President Joe Biden’s White House that will allow transition staff to coordinate with the existing federal workforce before Trump takes office on Jan. 20. There has been some coordination on high levels between the outgoing Biden and incoming Trump teams, including talks between Biden's national security adviser Jake Sullivan and Waltz.

Biden in Rose Garden remarks on Tuesday cheered the ceasefire agreement as a critical step that he hoped could be the catalyst for a broader peace in the Mideast, which has been shaken by nearly 14 months of war following Hamas’ attack on Israel on Oct. 7, 2023.

"This is designed to be a permanent cessation of hostilities," Biden said. "What is left of Hezbollah and other terrorist organizations will not be allowed — I emphasize, will not be allowed — to threaten the security of Israel again."

White House officials are now hopeful that a calm in Lebanon will reinvigorate a multi-country effort at finding an endgame to the devastating war in Gaza, where Hamas is still holding dozens of hostages and the conflict is more intractable.

Biden said the US, as well as Israel, will engage in talks in the coming days with officials from Egypt, Qatar and Türkiye to try to get Gaza talks back on track.

But during Biden's moment of success in a conflict that has roiled his reputation at home and abroad, the specter of the incoming Trump administration loomed large.

Trump’s senior national security team was briefed by the Biden administration as negotiations unfolded and finally came to a conclusion on Tuesday, according to a senior Biden administration official. The official, who briefed reporters on the condition of anonymity on a call organized by the White House, added that the incoming Trump administration officials were not directly involved in the talks, but that it was important that they knew "what we were negotiating and what the commitments were."

Trump's team and allies, meanwhile, said there was no doubt that the prospect of the Republican president returning to power pushed both sides to get the agreement done.

Waltz, in addition to giving Trump credit for the ceasefire deal coming together, added a warning to Iran, Hezbollah's chief financial backer.

"But let’s be clear: The Iran Regime is the root cause of the chaos & terror that has been unleashed across the region. We will not tolerate the status quo of their support for terrorism," Waltz said in his post.

Sen. Lindsey Graham, a Trump ally, also gave a shoutout to the incoming administration, while giving a nod to Biden's team.

"I appreciate the hard work of the Biden Administration, supported by President Trump, to make this ceasefire a reality," Graham said in a statement.

Richard Goldberg, a senior adviser at the Washington group Foundation for the Defense of Democracies, said the moment magnifies that Iran — which he said would have needed to approve of Hezbollah agreeing to the ceasefire — is carefully weighing what lays ahead with Trump.

"There’s zero doubt that Iran is pulling back to regroup ahead of Trump coming into office," said Goldberg, a National Security Council official in Trump's first administration. "It’s a combination of Israeli military success and Trump’s election — the ayatollah has no clothes and he knows we know."