With a gauge of global prices already at a record following Russia’s invasion of Ukraine, a spate of nations have moved to curb exports in crops from wheat and sugar to cooking oils, exacerbating security risks for the rest of the world.
Bigger food crisis can be averted if Asia remembers not to panic
The world’s food problem is already severe as prices jump and protectionism flares but there is a good chance governments can stop it from getting way worse if they heed a lesson from the crisis in 2008: Don’t panic.
