World Bank chief says world faces ‘human catastrophe’ from food crisis – business live

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World Bank estimates there could be ‘huge’ 37% increase in food prices due to war in Ukraine

are up on Thursday, as Japan’s Nikkei rose 1.2% and the Australian market added 0.3%. However, Hong Kong’s Hang Seng lost more than 2% and the Chinese CSI 300 index fell 1.8%, dragged down by worries about the Chinese economy. European shares are expected to extend their bounce, supported by positive company results from Nestlé and others.

 

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