Fertilize and Truth

“The crisis started with the Covid-19 pandemic, which increased the cost of transporting fertilizer ingredients. Then came the war. Finally, over the last 18 months, the U.S. Federal Reserve aggressively lifted interest rates to choke off domestic inflation. That has lifted the value of the American dollar against many currencies. Because fertilizer components are priced in dollars, they have become vastly more expensive in countries like Nigeria.” The NYT (Gift Article) with a very interesting look at how global events a half a world away can cause hunger and strife. How a Fertilizer Shortage Is Spreading Desperate Hunger.

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