Ukraine war-related inflation may drive protests and riots: World Bank

Soaring energy and food prices triggered by Russia's invasion of Ukraine could exacerbate existing food security concerns in Middle East and Africa, and may fuel growing social unrest, said World Bank

Soaring energy and food prices triggered by Russia's invasion of Ukraine could exacerbate existing food security concerns in the Middle East and Africa, and may fuel growing social unrest, World Bank chief economist Carmen Reinhart said.
 

Germany will host a virtual meeting of agriculture ministers from the Group of Seven (G7) advanced economies on Friday to discuss the impact of the invasion amid growing concerns about stabilising food markets.
 

"There will be important ramifications for the Middle East, for Africa, North Africa and sub-Saharan Africa, in particular," which had already been experiencing food insecurity, Reinhart told Reuters in an interview.