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Global food prices jump with highest rise in a decade

Global food prices jump with highest rise in a decade
Business
June 4, 2021
LONDON: Global food prices surged by the biggest margin in a decade in May as one closely watched index jumped 40 percent, raising fears of further food inflation later in the year.
The year-on-year leap in the UN Food and Agriculture Organization’s monthly food price index was the largest since 2011 and signalled that inflation initially stoked by pandemic disruption is accelerating.
China’s soaring appetite for grain and soyabeans is adding to upward pressure on prices, along with a severe drought in Brazil and growing demand for vegetable oil for biodiesel. ....

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Afridi pledges to include APHC in global campaign on Kashmir

Islamabad : Chairman of the Parliamentary Committee on Kashmir Shehryar Khan Afridi on Thursday pledged to give representation to the All Parties Hurriyat Conference leaders in the Kashmir. ....

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PRECIOUS-Gold near 2-week lows after strong U.S. data lifts dollar, yields

Gold prices languished near two-week lows on Friday and looked set for their worst week in three months after robust U.S. economic data boosted the dollar and bond yields, ahead of much awaited May non-farm payroll numbers. ....

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Tubi signs exclusive Cohen Media Group content deal

FOX Entertainment’s free streaming service Tubi will now be the AVOD home to over 80 titles debuting throughout June as a result of a content deal with Cohen Me. ....

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