The Indian rice export ban, the war in Ukraine and El Niño are combining to create a “doom loop” for the world’s poorest people, as staple food prices soar.
The Indian rice export ban, the war in Ukraine and El Niño are combining to create a “doom loop” for the world’s poorest people, as staple food prices soar.
Same as our energy in the UK, we were never reliant on Russia for our gas, but because countries like Germany didn’t cut themselves off fast enough they were suddenly bidding up what we usually buy when the sanctions came in.