The Grain Corridor Standstill: Russia’s Impact on Global Grain Trade

Disruption in the Grain Initiative The Ukrainian Ministry of Reconstruction recently announced that Russian representatives have effectively halted the operation of the grain initiative by refusing to register and inspect vessels intended to move to Ukrainian ports via the grain corridor. Such actions contradict the existing agreement’s terms, causing significant disruption in the international grain … Read more

Navigating Disrupted Trade Networks: U.S. Economic Growth in an Uncertain Landscape

The Unforeseen Benefits of Global Trade Network Fracturing In the past, we have discussed three essential domestic characteristics supporting U.S. economic growth: strong household balance sheets, robust corporate balance sheets, and positive demographic trends. This article introduces a fourth pillar: the fracturing of global trade networks. Background: The Development and Decline of Global Trade Networks … Read more