Important Takeaways:
- UN Report: Global hunger numbers rose to as many as 828 million in 2021
- According to a United Nations report that provides fresh evidence that the world is moving further away from its goal of ending hunger, food insecurity and malnutrition in all its forms by 2030.
- The numbers paint a grim picture:
- As many as 828 million people were affected by hunger in 2021 – 46 million people more from a year earlier and 150 million more from 2019.
- Around 2.3 billion people in the world (29.3%) were moderately or severely food insecure in 2021 – 350 million more compared to before the outbreak of the COVID 19 pandemic. Nearly 924 million people (11.7% of the global population) faced food insecurity at severe levels, an increase of 207 million in two years.
- Looking forward, projections are that nearly 670 million people (8% of the world population) will still be facing hunger in 2030 – even if a global economic recovery is taken into consideration
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Matt 24:6,7 Then he said to them: “Nation will rise against nation, and kingdom against kingdom. 7 There will be great earthquakes, famines and pestilences in various places, and fearful events and great signs from heaven.
Important Takeaways:
- Trade is vital to mitigating the global food crisis.
- India, the world’s second-largest producer of wheat by volume, announced export restrictions on the commodity
- Before the war in Ukraine, food prices were already at some of their highest historical levels due to high fuel and energy prices, droughts, and the lingering effects of the Covid-19 pandemic.
- The war in Ukraine has made the situation worse, as Russia and Ukraine produce large percentages of the world’s wheat, sunflower oil, and other vital food commodities.
- A rise in fuel prices is also a major contributor to the rise in food prices, as food now costs more to store, process, and transport.
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Rev 6:6 NAS And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.”
Important Takeaways:
- ‘Farms Are Failing’ as Fertilizer Prices Drive Up Cost of Food
- Farmers in the developing world say they are curtailing production, which means global hunger could worsen
- That means grocery bills could go up even more in 2022, following a year in which global food prices rose to decade highs. An uptick would exacerbate hunger—already acute in some parts of the world because of pandemic-linked job losses—and thwart efforts by politicians and central bankers to subdue inflation.
- As the pandemic enters year three, more households are having to cut down on the quantity and quality of food they consume, the World Bank said in a note last month, noting that high fertilizer prices were adding to costs.
- Around 2.4 billion people lacked access to adequate food in 2020, up 320 million from the year before, it said.
- Inflation rose in about 80% of emerging-market economies last year, with roughly a third seeing double-digit food inflation, according to the World Bank.
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