In Brief
- External Affairs Minister S. Jaishankar projected a major global food crisis arising from climate anomalies such as a super El Niño.
- Jaishankar highlighted that geopolitical conflicts are compounding shortages across energy, food, and fertilizer supplies.
- The External Affairs Minister noted that international capital is migrating toward safe havens, disproportionately stressing economies in the Global South.
External Affairs Minister S. Jaishankar warned of severe economic and supply chain vulnerabilities facing developing nations, projecting an impending major food crisis in the coming months. Speaking on global instability, Jaishankar stated that extreme climate patterns—specifically the impacts of a super El Niño—are intersecting with existing geopolitical conflicts to disrupt global agricultural output and supply networks.
Jaishankar emphasized that developing nations are facing a multi-dimensional crunch encompassing elevated energy costs, critical fertilizer shortages, and restricted access to global finance. He noted that international capital continually flees to safe-haven markets during periods of global conflict, leaving nations across the Global South under extreme financial and operational strain.
