Soaring US dollar leaves food piled up in ports as world hunger grows from Asia to Africa. Photo: Shutterstock/File
Soaring US dollar leaves food piled up in ports as world hunger grows from Asia to Africa. Photo: Shutterstock/File
Africa

Soaring US dollar adds to growing food crisis in Asia and Africa

  • Dwindling foreign-currency reserves in many cases reduced access to dollars, and banks are slow in releasing payments
  • IMF has warned of a catastrophe, while the World Food Programme says the globe is facing its largest food crisis in modern history

Soaring US dollar leaves food piled up in ports as world hunger grows from Asia to Africa. Photo: Shutterstock/File
Soaring US dollar leaves food piled up in ports as world hunger grows from Asia to Africa. Photo: Shutterstock/File
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