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NATO puts forces on standby amid rising tensions with Russia over the Ukraine. European Banking Authority announced new reporting requirements for large banks on environmental, social and governance indicators. Eurozone businesses reported a worse than expected start to the year. Analysis: Pandemic-Era Food Shortages and Price Spikes Continue.

Condition Updates

A rundown of important global risk developments in markets, in business, and region by region. 

Analysis: Pandemic-Era Food Shortages and Price Spikes Continue

As the world nears the second anniversary of the onset of COVID-19 pandemic, many unfortunate second- and third-order effects of the disease are persisting. Among these challenges is the state of the food industry, which is facing setbacks from price spikes threatening supply for poorer countries to supply chain disruptions leading to shortages even in the world’s wealthiest cities. As the world enters its third COVID-19 year, countries, companies and individuals will continue to be forced to manage food shortages, price hikes, and various disruptions. 

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