Since March, the war in Ukraine is turbocharging inflation trends (Charlotte Hebebrand and David Laborde, “High fertilizers prices contribute to rising global food security concerns<\/a>“, International Food Policy Institute<\/em>, April 25, 2022 and \u00ab Oil Prices Will Remain Above $100\/ Barrel as long as the Ukraine War Rages On \u00bb, The Economic Times<\/em>, 25 April 2022).<\/p>\n\n\n\n Then, as seen in \u201cWar in Ukraine, U.S Megadrought and the Coming Global Food Crisis<\/a>\u201d (Jean-Michel Valantin, The Red Team Analysis Society,<\/em> 1 May 2022), the effects of the war in Ukraine, not only block the exports of the Ukrainian and Russian crops but also combine with the consequences of the multiple megadroughts that impact the U.S. and Indian crops.<\/p>\n\n\n\n Meanwhile, the U.S. executive and legislative branches mobilize a 40 billion dollars package, in order to support Ukraine financially and militarily. As it happens, U.S. President Joe Biden signed the legislation in South Korea, while being on a tour in Asia (\u201cBiden signs $40 Billion aid package for Ukraine during trip to Asia<\/a>\u201d, CNBC<\/em>, 21 May 2022).<\/p>\n\n\n\n Two days later, in Tokyo, he declared that the U.S. would militarily support Taiwan in case of a Chinese attack on the island (Tripti Lahiri, \u201cDid Biden just end U.S strategic ambiguity on Taiwan?<\/a>\u201d, Quartz<\/em>, 23 May, 2022). One can infer that, given the current state of tension, those legislations and declarations are very closely monitored by Beijing.<\/p>\n<\/div>\n\n\n\n
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