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Summary: Rice Prices in 2023: Echoes of the 2008 Asian Food Crisis
HSBC Bank has warned of a surge in global rice prices, similar to the 2008 Asian food crisis, and the potential challenges this could pose for central banks dealing ...
Summary: The 2008 Global Rice Crisis: A Deep Dive into Numbers and Global Implications
The 2008 global rice crisis saw the international trading price of rice increase by more than 300% in just four months. Causes of the crisis included rising oil and ...
Summary: The Climate Twins: El Niño and La Niña
El Niño and La Niña are climate patterns that have a significant impact on global weather. El Niño is characterized by warming sea surface temperatures in the cen...
Summary: Australia Declares El Nino – Heatwave Impacts Wheat Yields
Australia's wheat production is being threatened by rising temperatures and the onset of El Nino. The country's recent heatwaves have already led to a decline in whe...