Vehicles queue for diesel and petrol as they wait for a fuel tanker since the previous day amid the country's economic crisis, in Colombo, Sri Lanka, 23 June 2022. Photo: Dinuka Liyanawatte / REUTERS

Sri Lanka almost out of fuel, with no fresh supplies in sight – Troops open fire to quell rioting at fuel station – “Our economy has faced a complete collapse,” prime minister says

25 June 2022 (The Guardian) – Sri Lanka has increased the price of fuel by up to 22 percent after the energy minister warned it had virtually run out of petrol and diesel after several expected shipments were delayed. Kanchana Wijesekera apologised to motorists as he said on Saturday that oil cargoes that were due […]

Map showing the March-to-May (Gu) 2022 rainfall as percent of average in the Horn of Africa. The March/April to June 2022 Gu season rainfall was below average across the country, worsening the existing drought conditions in Somalia. The seasonal rains, which started in mid to late April appear to be ending early by late May/early June 2022. The rains were characterized by heavy storms lasting a few hours and were concentrated within a short period. Heavy downpours led to high runoff and limited replenishment of pasture and water resources. The poor spatial and temporal distribution could not sustain crop growth nor replenish the water sources adequately. This map compares the 2022 Gu seasonal rainfall with the long-term average for the same season. Northern parts of Somalia recorded 30 percent to 60 percent of the average rainfall while central and southern regions received 45 percent to 75 percent of average. This is also consistent with observed rainfall data from rain-gauge stations. Data: CHC / CHIRPS. Graphic: FAO

Somalia faces grim humanitarian catastrophe – “When we lost our livestock, we lost our minds”

By Mariel Müller 17 June 2022 SOMALIA (DW) – In January 2022, Hirsiyow Mohamed and her three children left her drought-stricken village of Drumo in Somalia. But after 15 days of walking through the hot desert with almost no water and food, she arrived with only one child at the newly built camp for displaced people near […]

A satellite image shows fields peppered with artillery craters near Slovyansk, Ukraine, on 6 June 2022. From a dramatic loss of export revenue to mine-riddled fields and exploding machinery, Russia’s invasion has taken a massive toll on Ukraine’s agriculture sector. Photo: Maxar Technologies

UN chief warns of “unprecedented hunger crisis” from global food shortage – “No country will be immune to the social and economic repercussions of such a catastrophe”

BERLIN, 24 June 2022 (AP) – The head of the United Nations warned Friday that the world faces “catastrophe” because of the growing shortage of food around the globe. U.N. Secretary-General Antonio Guterres said the war in Ukraine has added to the disruptions caused by climate change, the coronavirus pandemic and inequality to produce an “unprecedented global […]

Map showing the Global Peace Index in 2022. The average level of global peacefulness deteriorated by 0.3 percent in the 2022 GPI. Graphic: IEP

Global Peace Index 2022: Peacefulness declines to lowest level in 15 years – “The economic value of lost peace reached record levels in 2021”

15 June 2022 (IEP) – The 16th edition of the annual Global Peace Index (GPI) report, the world’s leading measure of global peacefulness, reveals that the average level of global peacefulness deteriorated by 0.3% in 2021. This is the eleventh deterioration in peacefulness in the last fourteen years, with 90 countries improving, and 71 deteriorating, […]

World cereal production, utilization, stocks, 2012-2022 and projected to 2023. Based on world cereal production and utilization estimates, cereal stocks at the end of seasons in 2022 are seen rising above their opening levels but remaining below the record levels reached in 2018/19. Global trade in cereals in 2021/22 is estimated below the 2020/21 record level, mostly owing to an expected fall in global maize trade and reflecting the impact of disruptions caused by the war in Ukraine. Looking forward to the 2022/23 season, early prospects for cereal production in 2022 point to a likely decrease, which would mark the first decline in four years. Graphic: FAO

World cereal production, utilization, stocks, and trade all likely to contract in 2022/23 – U.N. forecast shows first decline in world cereal utilization in twenty years

3 June 2022 (FAO) – FAO’s latest estimates indicate a year-on-year 0.9 percent increase in global cereal production in 2021, largely attributed to a higher maize output. Cereal utilization is also estimated to increase in 2021/22, by 1.1 percent, driven by (in order of magnitude) expansions in food consumption (especially of wheat and rice), other […]

The ashes of burnt grain can be seen in a grain silo in the town of Sivers’k, Donbas in May 2022. Photo: Alex Chan / SOPA Images / Sipa USA / Reuters

Russia’s war on global food security – Russia’s blockade of Ukraine grain exports may cause starvation of 47 million people – “It will result in famine and destabilization and mass migration around the world”

By Anders Åslund 1 June 2022 (Atlantic Council) – Russian President Vladimir Putin’s war on Ukraine is also a war on global food security. In February 2022, Russia blockaded all of Ukraine’s Black Sea ports, through which all its bulk exports were being shipped. The ports remain closed, with no opening in sight. David Beasley, […]

A protester in Sri Lanka hurls a tear-gas canister back at the police officers who fired it, 19 May 2022. Photo: Atul Loke / The New York Times

Sri Lanka is the first domino to fall in the face of a global debt crisis – Will Bangladesh be next? – “I’m deeply concerned about developing countries”

By Larry Elliott 9 May 2022 (The Guardian) – The departure of Sri Lanka’s prime minister, Mahinda Rajapaksa, follows weeks of protest and a deepening crisis. There is no bankruptcy system for states but if there was then the south Asian country – down to its last $50m (£40m) of reserves – would be first in […]

A farmer pours water on himself while working at a wheat farm in the Ludhiana district of Punjab, India, on Sunday, 1 May 2022. Photo: T. Narayan / Bloomberg / Getty Images

India bans wheat exports as heat wave hurts crop and domestic prices soar – “The Indian ban will lift global wheat prices”

By Rajendra Jadhav, Mayank Bhardwaj, and Nigam Prusty 15 May 2022 MUMBAI (Reuters) – India banned wheat exports on Saturday days after saying it was targeting record shipments this year, as a scorching heat wave curtailed output and domestic prices hit a record high. The government said it would still allow exports backed by already […]

Prevalence of moderate or severe food insecurity in Africa in 2019 (left), and top eight wheat importers in Sub-Saharan Africa in 2020 (right). Challenges for food security in Sub-Saharan Africa will increase as Russia’s war on Ukraine persists. Graphic: IMF

Russia’s war on Ukraine dims global economic outlook as inflation accelerates – Africa faces new shock as war raises food and fuel costs – “This crisis unfolds even as the global economy has not yet fully recovered from the pandemic”

By Pierre-Olivier Gourinchas 19 April 2022 (IMF) – Global economic prospects have been severely set back, largely because of Russia’s invasion of Ukraine. This crisis unfolds even as the global economy has not yet fully recovered from the pandemic. Even before the war, inflation in many countries had been rising due to supply-demand imbalances and […]

Estonian cargo vessel the Helt sinks off Odessa, Ukraine, 3 March 2022. Reports claimed the Helt was captured by Russian forces on 2 March 2022 and scuttled. Photo: Andrii Klymenko

Russia’s war destroys Ukraine’s economy, spurs global food and economic crisis – “The war in Ukraine can throw more than 1/5 of humanity into poverty, destitution, and hunger on a scale not seen in decades”

25 April 2022 (Euromaidan Press) – February 23 was an ordinary workday for the thousands of employees on two very different facilities: Chornobayivka chicken farm near Kherson and Azovstal, a giant steel mill in Mariupol. Now, after two months of the war, they are equally jobless due to the destruction of both enterprises: either by […]

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