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World Bank warns of a new shock to global food prices as the threat of strong El Niño weather conditions risks piling pressure on agriculture from high fertiliser costs driven by the Iran war. “When these two shocks occur simultaneously, they can reinforce one another" www.ft.com/content/ec6f...
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Weather phenomenon threatens to worsen problems for farmers dealing with high fertiliser costs due to Iran war
www.ft.com
World Bank warns El Niño risks driving up global food prices
Climate Risk Economics