Global Indexes
China and India are accounting for more than half of global rice production
Rice is considered a vital part of nutrition in much of Asia, Latin America, Africa, and the Caribbean. Sri Lanka too has exported rice in the past but its current status is not so good as past. More than 30% of the total labor force is directly or indirectly involved in the rice sector.
In 2021 rice harvest failed, leading to a USD 1.2 Bn emergency food aid program, a USD 200 Mn income-support program, and “huge sums to import hundreds of thousands of tonnes of rice” - Doug Saunders (February 5, 2022)
Global Food prices are cooling down
The growth of Global Food prices is slowing down
Crypto crash
House prices are rising in many major economies
Bitcoin is having one of its best years.
Sri Lanka improved in Fragile States Index 2020
Credit default looming across the globe
Sri Lanka CSE is preparing for hand landing
COVID19 accelerates spreading in Gulf states
The association of testing for COVID-19 vs death
COVID-19 impact on tourism sector
Export Covid-19 with tourism
Federal Reserve slashes interest rates to zero
Lebanon to Default EuroBond of Dollar 1.2 Bn
Corona is still pulling down Asia Stock markets