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Charting the Global Economy: Export Limits Worsen Food Security

From bnnbloomberg.ca

India and Malaysia are among several Asian countries restricting exports of certain key commodities as nations try to safeguard supplies over concerns of food security and inflation. Thai producers of sugar, chicken and rice look set to benefit as they enjoy strong harvests this year after back-to-back droughts. Meantime, Brazilians faced the highest-ever levels of hunger in the pandemic, disproportionately affecting the poor and women. In the US, consumer spending held up well despite decades-high inflation, and showed more evidence that they’re dipping into their savings to support purchases. China’s economy ... (full story)

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  • Category: Fundamental Analysis