The triple threat of food, fuel and finance - focus on food crisis
Global hunger Source: https://www.actionagainsthunger.org/world-hunger-facts-statistics What could have led to this food crisis that we faced right now? Let us take first take a look at World bank's Food Security update on 29 July 2022. (Souce: https://www.worldbank.org/en/topic/agriculture/brief/food-security-update ) July 29, 2022 – Record high food prices have triggered a global crisis that will drive millions more into extreme poverty, magnifying hunger and malnutrition, while threatening to erase hard-won gains in development. The war in Ukraine, supply chain disruptions, and the continued economic fallout of the COVID-19 pandemic are reversing years of development gains and pushing food prices to all-time highs. Rising food prices have a greater impact on people in low- and middle-income countries, since they spend a larger share of their income on food than people in high-income countries. This brief looks at rising food insecurity and World Bank response...