Super El Nino: Famine Follows War?

The warning from Rory Green, TS Lombard's chief China economist, highlights the potential for a super El Niño to exacerbate food inflation and macroeconomic risks globally. The combination of war-related disruptions in energy and fertilizer markets with severe weather conditions could lead to skyrocketing global food prices. This situation could trigger a perfect storm that threatens food security, particularly in regions already struggling with conflict. It underscores the intricate interplay between environmental phenomena and geopolitical issues in shaping global economic stability.