Goldman Sees Southeast Asia Food Shock Adding 2.1 Points to Inflation as El Niño Threatens
Goldman Sachs: Southeast Asia Faces Food-Supply Shock from Middle East Conflict, El NiñoAmple world inventories may soften El Nino food supply shock | ReutersThree reasons why a food-supply shock may be coming to Southeast Asia: Goldman SachsAmid forecasts of a strong El Niño, countries in Southeast Asia are struggling to cope with rising energy, transport, and food costs linked to the war in Iran, according to Deutsche Welle.A powerful El Niño could hit by year’s end, bringing global economic shocks, extreme weather, and rising food prices. From a weak monsoon in India, to Ivory Coast's cocoa market, we look at how ...