The perfect storm: Global food prices hit six-year high | Counting the Cost

Al Jazeera English published this video item, entitled “The perfect storm: Global food prices hit six-year high | Counting the Cost” – below is their description.

Government bond markets have been rattled by fears of inflation as central banks print money to help governments through the pandemic.

Investors fearing inflation are looking to mitigate their exposure by shifting money out of bonds and some stocks. Some of that money is moving into the dollar and commodities, raising concerns that speculators may be partly fuelling the rise in food prices.

We look at what is driving up prices with the United Nations’ Food and Agriculture Organization’s senior economist Abdolreza Abbassian.

Plus, we speak to IHS Markit’s senior economist Alisa Strobel about Ethiopia’s search for debt relief.

Al Jazeera English YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - Al Jazeera English

The video item below is a piece of English language content from Al Jazeera. Al Jazeera is a Qatari state-funded broadcaster based in Doha, Qatar, owned by the Al Jazeera Media Network.

Recent from Al Jazeera English:

Can international justice stop israel? | inside story 1

Can international justice stop Israel? | Inside Story

A prolonged dry spell across the Indian-administered Kashmir

US march for life: Abortion rights likely issue in Nov election

In This Story: Ethiopia

Ethiopia, in the Horn of Africa, is a rugged, landlocked country split by the Great Rift Valley. With archaeological finds dating back more than 3 million years, it’s a place of ancient culture. Among its important sites are Lalibela with its rock-cut Christian churches from the 12th–13th centuries. Aksum is the ruins of an ancient city with obelisks, tombs, castles and Our Lady Mary of Zion church.

3 Recent Items: Ethiopia

Could Ethiopia and Somalia go to war? | Inside Story

UN Chief’s travels, Gaza & other topics – Daily Press Briefing (17 January 2024)

Ethiopia’s Tigray region on ‘brink of famine’ | DW News

In This Story: IHS Markit

IHS Markit Ltd is an American-British information provider based in London formed in 2016 with the merger of IHS Inc. and Markit Ltd.

2 Recent Items: IHS Markit

The NYSE welcomes @SPGlobal to celebrate the 1st anniversary of the merger with IHS Markit $SPGI

S&P Global Inc. (NYSE: SPGI) Rings The Opening Bell®

In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

5 Recent Items: Inflation

Red Sea tension upsets Yemeni fishermen’s livelihood

Impact inflation, living costs have on birth rates and Canadians on parental leave

Davos 2024: Biggest Takeaways From the World Economic Forum

Fed rate cuts: Labor data will make ‘last mile less difficult’: Economist

Trump Back in White House? Lagarde Says ‘Let Me Have Some Coffee’

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.