Archive for November 12th, 2022

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12/11/2022

Global Food Imports Costs on Track to Reach All-Time High

Human Wrongs Watch

(UN News)* — Food import costs globally are projected to reach nearly $2 trillion this year, or higher than previously expected, the UN Food and Agriculture Organization (FAO) said in a report published on Friday []. 

Conflict, rapid population growth and a heavy reliance on food imports pose serious challenges for food security in the Near East and North Africa.
FAO/Ami Vitale | Conflict, rapid population growth and a heavy reliance on food imports pose serious challenges for food security in the Near East and North Africa.

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.
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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 to the latest Food Outlook report.

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Posted in Africa, Asia, Climate Crisis, Latin America & Caribbean, Market Lords, Middle East, Migrants and Refugees, Mother Earth, Others-USA-Europe-etc., The Peoples, War Lords | Leave a Comment »

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