Thursday, August 5, 2010
The Fire This Time
Russia is banning the export of grains, as it faces an unprecedented drought and heat wave, with temperatures exceeding 100 degrees for the first time since records have been kept.
This summer's heat wave and drought in Russia have caused massive crop failures, wildfires, and hundreds of deaths.
The price of wheat and other grains is currently skyrocketing around the world on the news of Russia's ban on exports.