How The War in Ukraine Will Affect Third World Food Prices

May 20, 2022 361689 Views

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The widely accepted idea of a cost-of-living crisis does not begin to capture the gravity of what may lie ahead according to António Guterres, the UN secretary general. He warned earlier this week that the coming months threaten “the spectre of a global food shortage” that could last for years. The high cost of staple foods has already raised the number of people who cannot be sure of getting enough to eat by 440m, to 1.6bn. Nearly 250m are on the brink of famine.

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Timestamps
0:00 The Global Cost Of Living Crisis
1:19 Breadbasket Economies
1:30 How Important is Ukraine?
3:05 Reduced Production in China
3:25 Trapped Grain
5:01 How Big Is The Shortage?
5:45 The Fertilizer Shortage
7:08 Which Countries Will Be Affected?
9:47 The Food Shortage of 2007-2008
10:37 Sponsored Content
12:10 What Are The Solutions?
15:23 Watch Next

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