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Reuters
Reuters
Business
Andrea Shalal and David Lawder

Russia's war in Ukraine to blame for rising global food insecurity - Yellen

U.S. Treasury Secretary Janet Yellen answers questions about the current and future state of the U.S. and global economy at the Atlantic Council in Washington, U.S., April 13, 2022. REUTERS/Leah Millis

Russia's war in Ukraine is to blame for exacerbating "already dire" world food insecurity, with price and supply shocks adding to global inflationary pressures, U.S. Treasury Secretary Janet Yellen said on Tuesday.

Even before the war, over 800 million people - or 10% of the global population - were suffering from chronic food insecurity, Yellen said, and estimates showed higher food prices alone could push at least 10 million more people into poverty.

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