Harnwell: “SHOCK: India bans wheat exports ‘with immediate effect’ — global food prices to explode”

Ben Harnwell talks about the announcement by India that it will ban exports of wheat as a reaction to the Ukraine War, and the decreasing supply of wheat globally that has resulted (both Ukraine and Russia are major exporters of wheat). Harnwell says that even though India is not a major exporter, their decision will have huge ripples in the world market as other countries follow suit. The end of this segment features unrest in Sri Lanka, where shortages of food and diesel fuel have led to riots.