{"id":545400,"date":"2022-03-27T13:25:20","date_gmt":"2022-03-27T13:25:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/27\/export-controls-could-exacerbate-the-global-food-crisis-is-elon-musk-going-to-create-our-next-facebook\/"},"modified":"2022-03-27T13:25:20","modified_gmt":"2022-03-27T13:25:20","slug":"export-controls-could-exacerbate-the-global-food-crisis-is-elon-musk-going-to-create-our-next-facebook","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/27\/export-controls-could-exacerbate-the-global-food-crisis-is-elon-musk-going-to-create-our-next-facebook\/","title":{"rendered":"Export controls could exacerbate the global food crisis + Is Elon Musk going to create our next Facebook?"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>Export controls could exacerbate the global food crisis, WTO warns: <\/strong>The Russia-Ukraine war has caused commodity and energy prices to skyrocket in recent weeks, leading many countries to respond with export restrictions as they look to secure their domestic needs. So far, 12 WTO member countries have imposed export restrictions including Egypt which has imposed a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b0de30ab-61c5-41f0-a91f-f7ffd44cecd4\">three-month export ban<\/a> on staple food commodities, including wheat, flour, oils and corn. World Trade Organization (WTO) Director General Ngozi Okonjo-Iweala is urging countries to drop these controls and offer their surplus stock of basic commodities such as vegetable oil and grains to the world market to ease supply shortages, she tells the <a href=\"https:\/\/www.ft.com\/content\/4bcb5b9a-dc9c-4a2e-9c19-fd0552eb9975\">Financial Times<\/a>.<\/p>\n<p><strong>On the upside: <\/strong>Ukraine has sent off the first shipment of corn to Europe today via train, as its ports remain closed, signaling that efforts are being made to continue trade amid the war, writes <a href=\"https:\/\/www.reuters.com\/world\/europe\/ukraine-exports-first-grain-by-train-europe-apk-inform-2022-03-27\/\">Reuters<\/a>.<\/p>\n<hr class=\"grey-line\">\n<p><strong>Is Elon Musk going to create our next Facebook? <\/strong>The Tesla CEO is \u201cgiving serious thought\u201d to creating a new social media platform, he said in response to a <a href=\"https:\/\/twitter.com\/PPathole\/status\/1507780749629730817?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507907130124222471%7Ctwgr%5E%7Ctwcon%5Es2_&ref_url=https%3A%2F%2Fwww.ndtv.com%2Fworld-news%2Felon-musk-a-new-social-media-platform-elon-musks-tweet-sparks-a-buzz-2845689\">Twitter user's question<\/a> on whether he would consider building a platform consisting of an open-source algorithm that would prioritize freedom of speech and minimize propaganda. The statement came days after Musk <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1507259709224632344?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507272763597373461%7Ctwgr%5E%7Ctwcon%5Es2_&ref_url=https%3A%2F%2Fwww.ndtv.com%2Fworld-news%2Felon-musk-a-new-social-media-platform-elon-musks-tweet-sparks-a-buzz-2845689\">launched a poll<\/a> asking users if they believed Twitter adheres to these principles, adding that the consequences of this poll would be important. Over 70% of respondents voted \u201cno.\u201d <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-03-27\/musk-gives-serious-thought-to-creating-social-media-platform?srnd=premium-middle-east\">Bloomberg<\/a> has the story.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>NFT of Mandela\u2019s arrest warrant helps keep museum on South Africa democracy<\/strong><strong> afloat:<\/strong> An <a href=\"https:\/\/nelsonmandelaswarrantofarrest.com\/\">NFT of Nelson Mandela\u2019s 1961 arrest warrant<\/a> has been sold for USD 130k, with all of the proceeds going towards <a href=\"https:\/\/liliesleaf.co.za\/stories\/\">Liliesleaf Museum Heritage Site<\/a>, one of South Africa's most significant national heritage sites, documenting the country\u2019s fight for democracy, <a href=\"https:\/\/english.alarabiya.net\/News\/world\/2022\/03\/27\/Nelson-Mandela-s-1961-arrest-warrant-NFT-raises-130-000-in-auction\">Al Arabiya<\/a> reported. The museum had received the original arrest warrant in 2004 as a donation and had sold its NFT to help it stay afloat after being affected by the lack of tourism due to covid, according to the head of <a href=\"https:\/\/www.momint.so\/auction-items\/nelsonmandelawarrantofarrest-nelsonmandela\">Momint<\/a>, the marketplace which sold the NFT. The museum <a href=\"https:\/\/www.news24.com\/news24\/southafrica\/news\/iconic-heritage-site-liliesleaf-to-close-its-doors-indefinitely-20210901\">had closed its doors<\/a> back in September due to lack of funding. This isn\u2019t the museum\u2019s first rodeo in the world of NFTs: Last year, it sold an NFT of a pen gun owned by South African politician and revolutionary Oliver Tambo, which raised about USD 50k.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Export controls could exacerbate the global food crisis, WTO warns: The Russia-Ukraine war has caused commodity and energy prices to skyrocket in recent weeks, leading many countries to respond with export restrictions as they look to secure their domestic needs. So far, 12 WTO member countries have imposed export restrictions including Egypt which has imposed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":545401,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[637,633,638,1547,649,1095,894,132,715],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-545400","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-elon-musk","tag-enterprisepm","tag-for-your-commute","tag-nelson-mandela","tag-nfts","tag-russia-ukraine-war","tag-social-media","tag-trade","tag-world-trade-organization","wpautop","entry"],"acf":{"mongo_id":"63661f9e-e2c7-4e6a-b261-cc826407f9d6","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/3\/567.jpg","photo_position":"above","related_issue":[545396],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Export controls could exacerbate the global food crisis + Is Elon Musk going to create our next Facebook? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/27\/export-controls-could-exacerbate-the-global-food-crisis-is-elon-musk-going-to-create-our-next-facebook\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Export controls could exacerbate the global food crisis + Is Elon Musk going to create our next Facebook?\" \/>\n<meta property=\"og:description\" content=\"Export controls could exacerbate the global food crisis, WTO warns: The Russia-Ukraine war has caused commodity and energy prices to skyrocket in recent weeks, leading many countries to respond with export restrictions as they look to secure their domestic needs. 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a group of countries threatening to block an agreement to curb food protectionism at the ongoing World Trade Organization (WTO) meeting, where members are searching for solutions to the escalating food crisis stemming from\u2026","rel":"","context":"In &quot;Trade&quot;","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":549404,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/egypt-lifts-ban-on-exports-of-food-staples\/","url_meta":{"origin":545400,"position":1},"title":"Egypt lifts ban on exports of food staples","author":"enterpriseam admin","date":"15 September 2022","format":false,"excerpt":"Exports of food staples are back on the menu: The Madbouly government has lifted a ban on the export of food staples that it had introduced earlier this year in response to the global food crisis triggered by the war in Ukraine, Reuters reports, citing a Trade Ministry document. Producers\u2026","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/238.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547278,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/15\/no-end-in-sight-for-the-wheat-shortage\/","url_meta":{"origin":545400,"position":2},"title":"No end in sight for the wheat shortage","author":"enterpriseam admin","date":"15 June 2022","format":false,"excerpt":"Global markets could miss out on three consecutive Ukrainian wheat harvests, Ukraine\u2019s Agriculture Minister Mykola Solskyi told Reuters. \u201cWe cannot take out [to export] last year\u2019s crop, we cannot harvest and take out the current one, and we do not particularly want to sow the next one,\u201d Solskyi said. Ukraine\u2019s\u2026","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/wheat-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550757,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/20\/war-in-europes-breadbasket-could-send-mns-into-hunger-worldwide\/","url_meta":{"origin":545400,"position":3},"title":"War in Europe\u2019s breadbasket could send mns into hunger worldwide","author":"enterpriseam admin","date":"20 April 2022","format":false,"excerpt":"The war in Ukraine is bad news for food security: It\u2019s no secret that Russia\u2019s ongoing war in Ukraine is bad for economies the world over. The main worry for most is a slowdown in growth, after the war sent energy and food prices skyrocketing. But while wealthier countries can\u2026","rel":"","context":"In &quot;FOOD SECURITY&quot;","block_context":{"text":"FOOD SECURITY","link":"https:\/\/enterpriseam.com\/egypt\/category\/food-security\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/515.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545517,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/03\/russia-upped-wheat-imports-in-march-while-ukrainian-shipments-remain-blocked\/","url_meta":{"origin":545400,"position":4},"title":"Russia upped wheat imports in March, while Ukrainian shipments remain blocked","author":"enterpriseam admin","date":"3 April 2022","format":false,"excerpt":"Russia boosted wheat exports by 60% in March despite disruption caused by its war in Ukraine, Bloomberg writes, citing consultant ProZerno. The country exported some 1.7 mn tons of wheat in March, with shipments running at a \u201crapid\u201d rate in the second half of the month after an initial slowdown\u2026","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/83.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592847,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/egypts-industry-ministry-to-meet-wto-officials-next-week\/","url_meta":{"origin":545400,"position":5},"title":"Egypt's Industry Ministry to meet WTO officials next week","author":"enterpriseam admin","date":"7 November 2019","format":false,"excerpt":"WTO to talk export promotion with Egypt: The World Trade Organization (WTO) will hold meetings with the Industry Ministry, the Egyptian Accreditation Council, and the Egyptian Organization for Standards & Quality next Tuesday and Wednesday to discuss infrastructure development and export promotion, according to the local press. The upcoming meeting\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/545400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=545400"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/545400\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/545396"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/545401"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=545400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=545400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=545400"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=545400"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=545400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}