Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

We’re in a global food crisis… and it’s worse than the COVID-19 pandemic

Published

on

Food prices around the world have hit a 10-year high during the pandemic – with the biggest rises affecting some of the poorest countries

According to a new world vision report, soaring food prices combined with lockdown-induced job losses and disrupted nutrition services has fuelled a global hunger crisis

World Vision Australia CEO Daniel Wordsworth joined ticker to share more on World Vision’s Price Shocks report.

Thought the cost of groceries in Australia had climbed during COVID?

Well, we Australia is still the ‘lucky country’, compared to places like Syria, east Africa or Myanmar, where the cost of food has soared by more than 50 per cent since the pandemic began.

That’s the finding of a new World Vision report which has found food prices have not only hit a 10-year high during COVID, but that the biggest rises are hitting the world’s poorest the hardest.

World Vision’s Price Shocks report compared the cost of a basket of 10 staple items in 31 countries and found Australians would have to work an average of one hour to pay for the 10 items, while people in Syria would have to work three days and in South Sudan eight days.

“In many countries around the world where well, visions working, you already have environments that are very fragile. So they’re already struggling, maybe with conflict, maybe with large scale people movement in a place like Lebanon, for example,” Daniel told ticker NEWS.

He said when you put on top of that COVID, it’s plunged the World Food System in a kind of crisis, you have less food being made, because there are less workers and less ability to get into those spaces, the movement of that food into marketplaces are restricted because of COVID, the ability to process it, then the ability to take it into micro places and sell it, all of this has been threatened by COVID.

“You have 3 billion people going to bed at night without enough food.”

Price Shocks found between February 2020 and July 2021, while Australian food prices rose by just 3.5 per cent, prices increased in Myanmar by 54 per cent, Lebanon 48 per cent, Mozambique 38.3 per cent, Vanuatu 30.9 per cent, Syria 29.2 per cent and Timor-Leste 17.7 per cent – affecting mainly people who could least afford it.

Daniel said the report confirmed the aftershocks of COVID-19 had the potential to exact a greater toll on the world than the virus itself.

“Job losses and lower incomes from the pandemic are forcing millions of families to skip meals, go for cheaper, less nutritious food, or go without food altogether,” Daniel said.

The report also cites a recent study which estimated by the end of 2022, the nutrition crisis caused by COVID-19 could result in 283,000 more deaths of children aged under five, 13.6 million more children suffering from wasting or acute malnutrition and 2.6 million more children suffering from stunting. This would equate to 250 children dying each day from pandemic-related malnutrition.

“As always, children suffer the most – they are the most vulnerable to hunger because they have a greater need for nutrients, they become undernourished faster than adults and are at a much higher risk of dying from starvation,” Daniel said.

Daniel said World Vision had been responding to the hunger crisis, reaching 12 million of the world’s most vulnerable people in 29 countries with food and nutrition in 2020 alone.

And he was confident Australians would step up to help organisations like World Vision provide emergency food and cash assistance to those in need. World Vision has also urged the Australian Government to commit $AU150 million famine-prevention package to avert a worsening of the crisis.

“Generosity in the face of need is in our DNA, so I am certain Australians will respond – the same way we responded to the Boxing Day tsunami, the Ethiopia famine and the Beirut port explosion.”

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Why Australia is becoming the new home of the Hollywood blockbuster

Published

on

Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

Continue Reading

News

Portal between countries shut down after international flashing

Published

on

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

Continue Reading

News

U.S. home prices surge 47%

Published

on

American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

Continue Reading

Trending Now