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الوئام
Fund warns of food crisis and inflation due to El Niño
The climate phenomenon El Niño is expected to reach an unprecedented peak this year, bringing significant impacts worldwide. These include drought waves in Central America and irregular rainfall patterns in Asia, leading to damage to agricultural crops, increased food security risks, and inflationary pressures on prices. The International Monetary Fund has warned that the phenomenon could coincide with rising energy prices resulting from the ongoing conflict between the United States and Iran, which amplifies the risk of compounded external shocks affecting the most vulnerable countries. It called for a coordinated global response to manage its repercussions, with the Fund ready to provide support to affected nations.
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