Dusseldorf Food prices are at record levels. According to the Federal Statistical Office, food prices in Germany have risen by an average of 8.6 percent over the past twelve months. Some foods, such as cooking oils, have even become 30 percent more expensive. The reason for this is Russia’s war against Ukraine.
The enormous price increases are primarily a problem for those on low incomes in society. But in other parts of the world, the food shortage could develop much more dramatically than in this country. Experts are concerned about a global food crisis. Solutions were therefore discussed at the World Economic Forum in Davos. In today’s episode of Handelsblatt Today, Agatha Kremplewski talks to Nicole Bastian about measures that could help against a food shortage. Nicole Bastian is the foreign head of the Handelsblatt and was at the World Economic Forum for a few days.
Davos, the meeting of the perplexed
The World Economic Forum did not only discuss an impending food crisis. Russia’s war against Ukraine and climate change were also topics. But the business elite seemed overwhelmed by the global crises. At least that’s what Handelsblatt correspondent Torsten Riecke believes. He was also on site in Davos and describes his impressions of the past few days.
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