We are beginning to see many more examples of the connected nature of industries and the fragility of those connections. Disruption to one part of this web ripples out and damages it.
Many people will have been unaware of the vital importance of the Ukraine and neighbouring regions of Russia for agricultural production.
See this Guardian article on some of those connections.
Sunflower oil supplies may run out within weeks, and several food producers, including crisp companies are having to hurriedly change their recipe, but the prices of the others are rising as well.
This will have an inevitable impact on food prices, along with the energy costs of producing these items, or frying chips.
The effects are felt as far away as Somalia... and to all 'corner's of the world.
I spoke to Somali businesspeople & traders about the impact of the war in Ukraine & how it has led to a rise in the cost of pretty much everything. #Somalia https://t.co/jzSWptMYK9 pic.twitter.com/HpxfwGg3Bi
— Sally Hayden (@sallyhayd) April 18, 2022
Please add further suggested connections as comments.
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