Ukraine war: World Bank warns of ‘human catastrophe’ food crisis
Wednesday, April 20, 2022 | Tag Cloud Tags: ISIS, News, oil, Russia, UK, Ukraine, War, Worthy News | Learn about out FREE SYNDICATION
(Worthy News) – The world is facing a “human catastrophe” from a food crisis arising from Russia’s invasion of Ukraine, according to the President of the World Bank, David Malpass.
The World Bank calculates there could be a “huge” 37% increase in food prices, which is “magnified for [the] poor”, who will “eat less and have less money for anything else such as schooling. And so that means that it’s really an unfair kind of crisis. It hits the poorest the hardest. That was true also of Covid”.
The price rises are broad and deep, he said: “it’s affecting food of all different kinds oils, grains, and then it gets into other crops, corn crops, because they go up when wheat goes up”. [ Source: Yahoo (Read More…) ]
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.