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Plus, David Hockney's iPad drawings will hit galleries around the globe, and a U.K. mayor calls for an export ban on an L.S. Lowry painting.
Prices for corn, wheat, soybeans, rice, and other food staples have risen sharply over the past year. This has strained the ability of poor people in developing countries to feed their families and fomented widespread anger. Since mid-2007, the rising prices have led to protests and riots in Burkina Faso, Cameroon, Egypt, Haiti, Somalia, and a number of other countries. Regrettably, some countries including Indonesia and Kazakhstan have exacerbated the problem by restricting exports of rice and wheat, respectively.
On September 15, 2022, the US Department of Commerce’s Bureau of Industry and Security (“BIS”) issued a final rule (the “Final Rule”) to expand the…
Following India’s ban on export of various varieties of rice earlier this month, close to 20 ships are stuck at major Indian ports awaiting to load ov...
The world is set to see a global shortage of rice as India restricted exports of the staple crop. According to CNBC, India prohibited exports of broken rice and imposed a 20 percent duty on [...]