Food price inflation hits emerging markets hard

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Published : October 23rd, 2020
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Bloomberg/Max DeHaldevang/10-21-2020

“Rising food costs are hitting emerging markets with a double whammy: driving millions into hunger, and thwarting central banks as they try to end the worst slump in decades.”

USAGOLD note:  The canary in the inflation coal mine?  Needless to say, developing countries, needless to say, will not be immune to the problem. In a separate article, Bloomberg tells the story of a hunger crisis in Latin America under the ominous headline: No meat, no milk, no bread: Hunger Crisis rocks Latin America.

Read the rest of the article at USA Gold
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