Rising bread prices, water scarcity and a climate crisis, Egypt is on the brink

Listen 0:00 / 0:00 − 1.0x + Default Ready Last week Egypt turned to the IMF for the third time in six years to apply for a loan as the cash strapped nation reels from an 11-year autocratic regime, a climate crisis and now the Russian war. Impact on food insecurity across the MENA region has been one of the big talking points as the conflict unfolds in Ukraine and Cairo has not escaped this. The price of cooking oil, petrol and wheat has soared in Egypt since the fighting began. Egypt is the world’s largest importer of wheat with Russia and Ukraine accounting for 80 per cent of imports and 73 per cent of its supply of sunflower oil. … Continue reading Rising bread prices, water scarcity and a climate crisis, Egypt is on the brink