World ‘on the brink of food crisis’ warns IMF boss

Empty shelves veg

The ongoing war in Ukraine and the unprecedented supply disruption has brought the world economy to the brink of a food crisis, warned the International Monetary Fund boss on the first day of the Economic Forum in Davos.

Global prices of wheat, maize and vegetable oils have soared since Russia’s invasion of Ukraine has disrupted the production and shipping of crops from the region – known as the breadbasket of Europe. 

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