UN Report Says Billions Face Food, Energy, Finance Crises Due To Ukraine War

United Nations Secretary-General Antonio Guterres speaks to the media regarding Russia's invasion of Ukraine, at the United Nations Headquarters in New York City, on Mar 14, 2022. (Photo: REUTERS/Andrew Kelly)

CNBC: Russia’s war in Ukraine threatens to hurt billions, UN warns, as food and energy prices soar

* Russia’s war in Ukraine is already taking a dramatic toll on the world economy, causing disruptions to global food, energy and financial markets, the United Nations said.

* The “perfect storm,” which comes amid already-brewing crises related to the Covid pandemic and climate change, “threatens to negatively affect the lives of billions of people around the world,” the UN said.

* U.S. Treasury Secretary Janet Yellen said earlier that her department will be turning its attention to the risk of an increase in global starvation rates.

Russia’s war in Ukraine is already taking a dramatic toll on the world economy and placing a huge swath of the world’s population, especially those in developing nations, at an increased risk of harm, the United Nations warned Wednesday.

The crisis has caused a “perfect storm” of disruptions to global food, energy and financial markets that “threatens to negatively affect the lives of billions of people around the world,” the UN said in a new report.

Those systems were already under immense strain due to the ongoing coronavirus pandemic, as well as climate change and other historic challenges, the report said.

Read more ....

WNU Editor: The UN report is here .... Global Impact of war in Ukraine on food, energy and finance systems (United Nations).

UN Report Says Billions Face Food, Energy, Finance Crises Due To Ukraine War

Ukraine war unleashing a 'perfect storm' of crises, warns UN chief -- UN News

UN says Ukraine war threatens to devastate many poor nations -- AP

Poor countries face food, energy, finance crises due to Ukraine war, UN chief says -- Reuters

Ukraine war is a 'perfect storm,' threatening food, energy, and debt crises across the globe: UN report -- FOX News

UN: War in Ukraine "supercharging" global crises -- Axios

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