The Intelligence from The Economist With a grain assault: a deal abandoned
5 snips
Jul 27, 2023 
Edward Carr, Deputy Editor of The Economist, dissects the geopolitical fallout of Russia's withdrawal from the Black Sea Grain Initiative, highlighting dire food security concerns for Africa. David Rennie, Beijing bureau chief, unravels the mysterious disappearance and controversial dismissal of China’s foreign minister, Qin Gang, amid shifting political dynamics. Meanwhile, Catherine Nixey critiques the decline of harsh literary criticism, arguing that this newfound civility diminishes the quality and honesty crucial for enriching readers' experiences.
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Putin's Disingenuous Claims
- Putin claims the grain deal only benefited Western companies and didn't reach developing countries.
- However, these claims contradict the observed decrease in world prices following the deal.
Impact on Ukraine's Economy
- Crippling Ukraine's economy by targeting its food exports undermines its potential to thrive.
- A successful Ukraine is defined by its ability to function as a Western-oriented democracy.
Putin's Power Play
- Putin's withdrawal from the grain deal is seen as a show of strength after the Wagner mutiny.
- This move aims to demonstrate his resolve despite domestic unrest and international pressure.
