AGL 38.20 Increased By ▲ 0.21 (0.55%)
AIRLINK 211.50 Decreased By ▼ -4.03 (-1.87%)
BOP 9.48 Decreased By ▼ -0.32 (-3.27%)
CNERGY 6.52 Decreased By ▼ -0.27 (-3.98%)
DCL 9.00 Decreased By ▼ -0.17 (-1.85%)
DFML 38.23 Decreased By ▼ -0.73 (-1.87%)
DGKC 96.86 Decreased By ▼ -3.39 (-3.38%)
FCCL 36.55 Decreased By ▼ -0.15 (-0.41%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 14.98 Increased By ▲ 0.49 (3.38%)
HUBC 131.00 Decreased By ▼ -3.13 (-2.33%)
HUMNL 13.44 Decreased By ▼ -0.19 (-1.39%)
KEL 5.51 Decreased By ▼ -0.18 (-3.16%)
KOSM 6.87 Decreased By ▼ -0.45 (-6.15%)
MLCF 44.90 Decreased By ▼ -0.97 (-2.11%)
NBP 59.34 Decreased By ▼ -1.94 (-3.17%)
OGDC 230.00 Decreased By ▼ -2.59 (-1.11%)
PAEL 39.20 Decreased By ▼ -1.53 (-3.76%)
PIBTL 8.38 Decreased By ▼ -0.20 (-2.33%)
PPL 200.00 Decreased By ▼ -3.34 (-1.64%)
PRL 39.10 Decreased By ▼ -1.71 (-4.19%)
PTC 27.00 Decreased By ▼ -1.31 (-4.63%)
SEARL 103.32 Decreased By ▼ -5.19 (-4.78%)
TELE 8.40 Decreased By ▼ -0.34 (-3.89%)
TOMCL 35.35 Decreased By ▼ -0.48 (-1.34%)
TPLP 13.46 Decreased By ▼ -0.38 (-2.75%)
TREET 25.30 Increased By ▲ 0.92 (3.77%)
TRG 64.50 Increased By ▲ 3.35 (5.48%)
UNITY 34.90 Increased By ▲ 0.06 (0.17%)
WTL 1.77 Increased By ▲ 0.05 (2.91%)
BR100 12,110 Decreased By -137 (-1.12%)
BR30 37,723 Decreased By -662.1 (-1.72%)
KSE100 112,415 Decreased By -1509.6 (-1.33%)
KSE30 35,508 Decreased By -535.7 (-1.49%)

UNITED NATIONS: There is a “real risk” of multiple famines this year, UN chief Antonio Guterres said on Friday and urged ministers meeting on food security to take practical steps to stabilize food markets and reduce commodity price volatility.

“We face an unprecedented global hunger crisis,” Guterres told the meeting in Berlin via video. “The war in Ukraine has compounded problems that have been brewing for years: climate disruption; the COVID-19 pandemic; the deeply unequal recovery.”

More than 460,000 people in Somalia, Yemen and South Sudan are in famine conditions under the Integrated Food Security Phase Classification (IPC) - a scale used by UN agencies, regional bodies and aid groups to determine food insecurity. This is the step before a declaration of famine in a region.

Millions of people in 34 other countries are on the brink of famine, according to the IPC.

Citigroup sees chances of global recession nearing 50%

“There is a real risk that multiple famines will be declared in 2022. And 2023 could be even worse,” said Guterres, calling mass hunger and starvation unacceptable in the 21st century.

Guterres said there could be no effective solution to the crisis unless Ukraine and Russia, which produce about 29% of global wheat exports, find a way to properly resume trade.

Shipments from Ukrainian ports have been halted by Russia’s invasion of its neighbor. Moscow wants certain Western sanctions lifted in order to resume its grain and fertilizer exports.

The United Nations and Turkey are trying to broker a deal.

Guterres did not elaborate on the talks, saying: “Public statements could hinder success.”

He also asked ministers at the Berlin meeting to address a finance crisis in developing countries.

Comments

Comments are closed.