For more information see our Privacy Policy. Privacy Notice: Newsletters may contain info about charities, online ads, and content funded by outside parties. Russia’s decision earlier in the week to pull out of the year-old UN-brokered Black Sea grain initiative, which guaranteed safe passage for vessels carrying cereals, has prompted fresh concerns about a global food crisis. Global food supplies have been hit by Russia’s war in Ukraine, which has driven up commodity and grain prices around the world. Even before the announcement, Vietnam’s rice was trading at its highest level since 2011, and has since moved higher, while Thailand’s variety jumped to levels not seen for more than two years. Thailand and Vietnam, respectively the world’s second and third-largest rice exporters, have also experienced rises in the prices of their 5% broken rice in recent times. The price of India’s 5% broken parboiled variety had already been hovering this week close to a five-year peak between $421 and $428 (£328-334) a metric tonne, and on Friday it stood at about $424.50. India’s move sent the price of rice from several Asian countries higher on global markets, while traders said they expected prices to rise substantially in the coming days. Soaring food inflation has put pressure on the BJP government in Delhi in the run-up to national elections next year and state-level elections in the months to come. The Indian government said the ban, introduced on Thursday evening, would “ensure adequate availability of non-basmati white rice in the Indian market” and lead to lowering of prices for domestic consumers. People in India are paying 11.5% more for rice than a year ago, according to its ministry of consumer affairs, food and public distribution. International sales of Indian rice soared by 35% in the year to June, contributing to a 3% rise in domestic prices over the past month alone. While the ban does not apply to higher-grade basmati rice – India’s best-known variety – non-basmati white rice accounts for about 25% of exports. The platform’s relationship with indie developers, however, has received a lot of criticism over the years like allegedly charging smaller devs $25,000 for promotion.India is the world’s largest rice exporter, accounting for more than 40% of global shipments. Sony introduced the PlayStation Indies program in 2020 to support new voices who want to take risks and invest in new concepts. The company will also inform developers about the loan period, security guidelines, as well as shipping and returns terms. After the registration, they will be able to get one PS5 dev kit and one PS5 testing kit for free. To be eligible for the program, a developer or a publisher must become a PlayStation partner by signing up on the official website. “We’re pleased to announce a new initiative that will make it easier for new partners to hop in and get started with developing for PlayStation.” “We are always striving to lower the barrier of entry and improve the process for publishing on PlayStation,” PlayStation Creators head Greg Rice said. PlayStation made an announcement in a blog post, describing the terms of the Development Hardware Loan Program.
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