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What's the way out of the global cost of living crisis? | Inside Story

It’s normal for the cost of goods and services to rise steadily over time. But many countries are reporting major increases in the prices of food, housing and fuel, in what’s being called a ‘cost of living’ crisis. Developing nations are hurting the most. Is there a way out? And what could happen if inflation remains high? Presenter: Kim Vinnell Guests: Jeevun Sandher – Economist…

UK sees staple food prices soar amid growing global crisis

Global food prices have hit an all-time high in recent months. They are being driven upwards by the war in Ukraine, the pandemic and climate change. This comes on top of surging energy prices and high inflation. Al Jazeera’s Neave Barker reports from London. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on Facebook: https://www.facebook.com/aljazeera/ – Check our website: https://www.aljazeera.com/ #Food #UK

Central under water in 80 years? Hong Kong’s coming climate crisis

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Over the past 40 years, typhoons in Asia have become stronger and more destructive because of rising ocean temperatures, according to climate scientists. And based on most projections, severe storms are likely to become stronger and more frequent. Climatologists predict that by 2050, Hong Kong will be hit with at least one super typhoon, on average,…

UN urges world not to ignore east Africa drought and hunger crisis – BBC News

The United Nations’ aid chief has urged the international community not to ignore the devastating drought and hunger crisis facing east Africa. Martin Griffiths of the UN Office for Coordination of Humanitarian Affairs said the world has not been paying enough attention to crises beyond the war in Ukraine. Twenty million people in the region are at risk of severe hunger, according to the UN….

Russian invasion of Ukraine could cause global food crisis, UN warns – BBC News

Russia’s invasion of Ukraine could soon cause a global food crisis lasting for years, the United Nations has warned. UN Secretary-General Antonio Guterres said the war had worsened food insecurity in poorer nations due to rising prices. The conflict has cut off supplies from Ukraine’s ports, which once exported vast amounts of cooking oil as well as cereals such as maize and wheat. Please subscribe…

Fuel crisis in Laos nears breaking point as pumps in capital run dry

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Fuel pumps in the Laotian capital Vientiane started running dry on May 16, 2022, amid a fuel shortage that has been ongoing for weeks. Motorists in Laos, one of Southeast Asia’s poorest countries, have been queuing for hours to fill up on petrol. A weakened local currency, high inflation and the unstable global oil market have…

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