Factbox-Surging food prices fuel protests across developing world

Published by
Reuters UK

(Reuters) -The war in Ukraine and drought fuelled by climate change has sent global prices for grains, cooking oils, fuel and fertilizer soaring. Rising prices for basic food staples is fuelling protests from Indonesia to Iran. European wheat prices have jumped 52% and benchmark palm oil futures went up 25% since January. The trend is growing and is alarming policymakers, with United Nations agencies warning that the price hikes will worsen an existing food crisis in Africa and could cause “catastrophic” child malnutrition. Following are protests in alphabetical order that have erupted over fo…

Read More

Leave a Reply