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عين ليبيا
Global Food Crisis Risks Rise
Bloomberg Agency has warned of increasing risks related to the rising prices of global food commodities, as military conflicts intersect with extreme weather phenomena such as heatwaves, droughts, and wildfires in Europe. Additionally, ongoing war in Ukraine and tensions in the Middle East contribute to disruptions in supplies from the Black Sea region, which supplies over a quarter of the world's wheat exports and two-thirds of sunflower oil. These factors exert significant pressure on global markets and threaten the emergence of new food crises. Furthermore, the climate phenomenon "El Niño" is causing higher temperatures and crop deterioration, especially rice, with its effects expected to continue until 2027. This comes amid sharp fluctuations in food prices and growing fears of repeating past global crises.
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