The new forecast of $1.94 trillion would represent an all-time high and a 10 per cent increase over the record level of 2021. However, the pace of increase is expected to slow down in response to higher food prices and the depreciation of currencies against the United States dollar, according...
That’s according to the UN Food and Agriculture Organization (FAO), which on Thursday suggested that for some countries, the situation potentially heralded “an end of their resilience to higher prices”. 🔵 World’s most vulnerable are paying more for less food – Food Outlook report. The global food import bill is...
“Food insecurity and high prices can become a trigger for instability,” said Qu Dongyu, Director-General of the UN Food and Agriculture Organization (FAO). Addressing the “Mediterranean Dialogue on Food Crisis” in Rome, Mr. Qu insisted that “we must keep the global food trade system open and ensure that agrifood exports are...
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