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Global food prices in 2022 hit record high amid drought, war

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The UN Food and Agriculture Organization reported that global food prices reached an all-time high in 2022, averaging 14% higher than 2021. Factors including the Russian-Ukrainian war, widespread drought, and economic challenges contributed to significant food commodity price increases, with vegetable oil prices showing notable declines.

WTO warns of ‘real’ recession risk in some major economies

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World Trade Organization head Ngozi Okonjo-Iweala cautions about recession risks in key economies, highlighting challenges from Ukraine conflict, rising food and energy prices, and global inflation pressures.

Food prices soar to record levels on Ukraine war disruptions

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The UN Food and Agriculture Organization reports food prices hit unprecedented levels in March, with grains and vegetable oils experiencing significant price increases. Russia's invasion of Ukraine has caused massive supply disruptions, potentially leading to widespread hunger and malnutrition in vulnerable regions.

Biden pledges new Ukraine aid warns Russia on chemical weapons.

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President Biden and Western allies announced new sanctions and humanitarian support for Ukraine, pledging $1 billion in supplies and offering to welcome 100,000 Ukrainian refugees. Leaders discussed potential responses to potential chemical or nuclear threats from Russia.

Ukraine reports 300 dead in airstrike on Mariupol theater

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In a devastating attack, Russian forces bombed a Mariupol theater sheltering civilians, killing approximately 300 people. Ukrainian officials claim this as potentially the war's most significant civilian casualty incident, highlighting alleged Russian war crimes during the ongoing conflict.

‘No mercy’: Mariupol bombing compared to Nazi war crimes.

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President Andrzej Duda draws parallels between Russia's assault on Mariupol and Nazi bombing of Warsaw, as over 3.5 million Ukrainian refugees flee the conflict. Survivors recount devastating attacks on civilians, underscoring the war's human cost.

Ukraine war imperils wheat, but farmers are in no rush to...

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The ongoing conflict between Ukraine and Russia has dramatically impacted global wheat markets, threatening food security in multiple regions. With wheat prices surging by a third since the invasion, farmers are cautiously considering expanding wheat production to capitalize on market conditions while navigating challenges like drought and increasing fuel costs.

UN: War in Ukraine to hurt poor nations importing grain

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The UN Food and Agriculture Organization reports that the war in Ukraine could severely impact food security in Africa, Asia, and the Middle East. Ukraine and Russia, responsible for one-third of global grain exports, face agricultural disruptions that may escalate worldwide food insecurity and drive up already high international food prices.
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