IMF Warns Of Civil Unrest Amid Global Food Crisis
In a recent post, the IMF has warned of the possibility of civil unrest in poorer nations amid the global food crisis due to the Ukraine conflict.
Poorer countries are likely to face civil unrest connected to sky-high food costs, according to the IMF, amid fears that the world is on the verge of a worldwide food crisis as a result of the ongoing conflict in Ukraine.
Following previous warnings of starvation and “Hell on Earth” migrant crises due to a lack of food, the international finance body has forecast that global growth will be harmed, with poorer countries bearing the brunt of the crisis.
According to a post on the organization’s website, a combination of rising inflation and supply issues will significantly reduce global economic growth, with weak economies bearing the brunt of the damage.
“This crisis unfolds even as the global economy has not yet fully recovered from the pandemic,” writes Pierre-Olivier Gourinchas, director of the group’s research department.
“Even before the war, inflation in many countries had been rising due to supply-demand imbalances and policy support during the pandemic, prompting a tightening of monetary policy,” the article adds. “In this context, beyond its immediate and tragic humanitarian impact, the war will slow economic growth and increase inflation.”
“Furthermore, increases in food and fuel prices may also significantly increase the prospect of social unrest in poorer countries,” it continues. “Central banks will need to adjust their policies decisively to ensure that medium- and long-term inflation expectations remain anchored.”
Furthermore, while the IMF report detailed the immediate effects of the current crisis for this year and next, the globalist organisation seemed to be concerned that food shortages would endure for longer.
According to Sky News, the organisation is warning that food stockpiling on a national level in Ukraine might worsen the crisis and have long-term humanitarian consequences.
“IF YOU THINK WE’VE GOT HELL ON EARTH NOW, YOU JUST GET READY,” SAID THE WORLD FOOD BANK EXECUTIVE DIRECTOR. “IF WE NEGLECT NORTHERN AFRICA, NORTHERN AFRICA’S COMING TO EUROPE. IF WE NEGLECT THE MIDDLE EAST, [THE] MIDDLE EAST IS COMING TO EUROPE.” HTTPS://T.CO/Q32O4TP8IG
Breitbart London (@BreitbartLondon) March 26, 2022The IMF is far from the first international organisation to warn about rising food prices as a result of global supply constraints, with one UN official even declaring last month that if additional funding are not granted to aid agencies, a “Hell on Earth” migrant crisis could emerge from the third world.
“Failure to provide this year a few extra billion dollars means you’re going to have famine, destabilization, and mass migration,” ex-Republican Governor David Beasley, who now leads the World Food Bank, stated.
“If you think we’ve got Hell on earth now, you just get ready,” the senior official continued. “If we neglect northern Africa, northern Africa’s coming to Europe. If we neglect the Middle East, [the] Middle East is coming to Europe.”
However, it is not just the global south that is expected to face food shortages; a scarcity of fertilisers coming from Ukraine and Russia means that agricultural yields in the West might theoretically fall by half.
As a result, a number of Western national governments have taken notice of the problem, with Ireland, for example, pushing for more farmers to plant grain crops this year.
Other national officials have been less supportive, with one Scottish politician dismissing efforts to alleviate supply shortages in favour of her government’s green agenda.
- Source : GreatGameIndia
