El Nino Weather Event May Cost Global Economy Trillions of Dollars via Agriculture and Food
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4 Articles
Anadolu Ajansı
The NationEl Nino weather event may cost global economy trillions of dollars via agriculture and food
Severe global supply chain disruptions resulting from rapidly warming surface water, droughts threaten to push inflation up, putting global growth at risk
JPMorgan warns of potential 2027 global food crisis driven by Hormuz disruptions and El Niño
JPMorgan economists warn that a “compounding storm” of war, extreme weather and supply chain fragility could trigger a global food crisis by 2027. The bank projects global food inflation will accelerate to 5% by the first half of next year, driven by Strait of Hormuz shipping disruptions and a “historic” El Niño. Analysts identify India, […]
Last week's warning by JPMorgan analyst Nora Szentivanyi, according to which the next global food crisis could start as early as next year, was a major alarm signal for specialists, and comes after several warnings from financial institutions that food inflation is on the way to […] The article JP Morgan: Agricultural prices are rising sharply, potentially triggering a global food crisis appears first on CursDeGuvernare.ro.
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