War Sparks Deepening Food Supply Fears Sign up here to get the latest updates on the Russian invasion of Ukraine. You can also follow us on Telegram here . The global food system is under threat as Russia’s invasion of Ukraine puts one of the world’s major breadbaskets in jeopardy. Here are the latest developments and their far-reaching impacts: Food Inflation The Ukraine war threatens staple crops from Europe’s key grain-growing regions, which means escalating food prices that have already been plaguing consumers around the world could get worse, raising the threat of a full-blown hunger crisis. The United Nations warned that already record global food costs could surge another 22% as war stifles trade and slashes future harvests. Grains are the staples that feed the world, with wheat, corn and rice accounting for more than 40% of all calories consumed. Higher shipping costs, energy inflation, extreme weather and […]