Posted on 04/19/2022 4:52:17 PM PDT by delta7
Treasury Secretary Janet Yellen will this week meet with ministers from the globe’s leading industrial nations to address a growing international food crisis caused by Russia’s invasion of Ukraine.
Yellen and her deputy, Wally Adeyemo, are set for a packed agenda across seven days of high-level economic meetings that kicks off Monday in Washington with leaders of the International Monetary Fund, World Bank, Group of Seven and Group of 20 largest economies.
The pair plans to use the IMF and World Bank spring meetings to discuss how the U.S. and its allies can work together to ensure that countries that rely on wheat and fertilizer exports from Russia and Ukraine don’t face widespread food shortages thanks to the European war.
“Secretary Yellen is deeply concerned about impacts that Russia’s reckless war are having on the global economy, including the risk rising food insecurity in emerging market and developing countries around the world, particularly as which are still struggling to recover from the pandemic,” a senior Treasury official told reporters Monday morning.
“The secretary believes the Russian invasion of Ukraine has demonstrated the need for the world’s largest economies to stand together to defend international order and protect peace and prosperity,” the official added.
IMF leader Kristalina Georgieva, World Bank President David Malpass and Gilbert Houngbo, president of the International Fund for Agricultural Development, each plan to attend at least some portion of the weeklong flurry of meetings.
Yellen will also hold a closed-door meeting with the prime minister of Ukraine, Denys Shmyhal. The Treasury Department said the two plan to talk over the Biden administration’s support for Kyiv and efforts to hobble the Russian economy, but did not offer further details.
Shirley they can’t make it worse. Shirley
They want to know how to make it worse....and faster....
Reality sucks, eh, Janet?
This fat skank won’t miss a meal, but boy are we fooked
I’m kind of late to the game but was just seeing yesterday about how the railroads are not allowing shipments of fertilizer for our farms. There’s some real serious treason going on here from all angles.
BOHICA American taxpayers!
Coefficient of gravitas: 0.0000000000000023
What Constitutional authority is the Secretary of Treasury acting ?
Yellen is a fraud. A Berkeley labor economist who is married to Nobel Laureate George Akerlof. She thinks the labor market can be improved by Fed policy. She blew it as Fed Chair and is the cause of the current crisis. Now she is Treasury Secretary, but no more stupid than Clinton picking sociologist Robert Reich as Labor Secretary. Yellen has no idea what she is doing, but only promotes Marxism.
100-1 she recommends massive Federal spending to solve the problem and/or ships food around the world and out of American mouths. She is horrible.
Do we have that information from any source other than NOQ? Seems like someone, somewhere would be blowing the whistle.
I am surprised she knows anything about farming. Though she can sure shovel some manure.
Russia, Russia, Russia, what would they do if there were no boogyman to blame their corrupt machinations on?
https://www.cfindustries.com/newsroom/2022/union-pacific-shipping-restrictions
I can't seem to make the above a live link, so cut and paste
There's a lot of hits on Google from a lot of news sources, and the fertilizer companies themselves are posting it on their company websites.
That stupid q tip Yellen is lucky to find her Cheerios in the morning.
A major food supplier burned down in Oregon yesterday...and it’s suspicious
When our cities start running out of food, it’s going to get real interesting.
Oh, thank goodness. Yellen to the rescue. 🙄
I do not understand how the railroads can refuse to carry fertilizer. Every business wants all the business they can get. So if they are not hauling a commodity that in the past has been a good income source, what takes it place?
Is the government making it hard for them to haul fertilizer? Are they hauling coal and military stuff instead?
There is something to the story that we are not being told.
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