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  1. The market has been tipped out of balance

    ... that is yet to be filled. Thirdly, there has been a growth in the use of biodiesel, which is made using these biological materials. Fourthly, we have seen crop failures. The key producers of, say, palm oil, are located in South-East Asia (Malaysia and India). Growth in Price of Oils in 2020–2021 People expected a September bumper crop in Malaysia this year, but it never came to pass. As a result, prices jumped sharply. This price rise was compounded by the Indian authorities deciding to ...

  2. WEF: looking ahead

    ... government in an unprecedented situation, in order to restore steady economic growth, labor productivity and people’s overall well-being. An array of countries have joined the efforts to address the socio-economic consequences of the pandemic. For example, India has focused on providing the poorest sections of its population with basic necessities. The Prime Minister, Narendra Modi, announced as early as last spring that 800 million of his country’s citizens would be provided with essential food supplies....