World Bank Warns Of 'Human Catastrophe' Food Crisis

BBC: Ukraine war: World Bank warns of 'human catastrophe' food crisis 

The world faces a "human catastrophe" from a food crisis arising from Russia's invasion of Ukraine, World Bank president David Malpass has said. 

He told the BBC that record rises in food prices would push hundreds of millions people into poverty and lower nutrition, if the crisis continues. 

The World Bank calculates there could be a "huge" 37% jump in food prices. 

This would hit the poor hardest, who will "eat less and have less money for anything else such as schooling". 

In an interview with BBC economics editor Faisal Islam, Mr Malpass, who leads the institution charged with global alleviation of poverty, said the impact on the poor made it "an unfair kind of crisis... that was true also of Covid".  

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Update #1: As war in Ukraine threatens global wheat supply, Washington farmers 'pray for rain' and good harvest (Yahoo News)  

Update #2: Rising Fertilizer Costs are Catching up to Rice Farmers, Threatening Supplies (Bloomberg)

WNU Editor:The World Bank is preparing to face multiple crisis .... World Bank plans $170bn financing to ease ‘multiple crises’ (The Guardian).