On the eve of the Biden Putin phone call to avert war in Ukraine, Russia announced an end to fertilizer exports. Last month China quietly ended ammonia exports. There is a worldwide shortage of urea needed to run not only new diesel cars but also trucks and some farm equipment.

Is this a precursor to war or just another example of the damage done to the global economy by Davos and its merry band of vandals? That's what's on tap today.