Singapore Ranks Amongst World’s Ten Most Food-Resilient Nations, Says New Index

Singapore has ranked among the world's ten most resilient food systems in a latest study by The Economist Enterprise. The research on global food resilience also delivers a strong word of caution: every major Asia-Pacific economy, including Singapore, has a blind spot around its ability to manage climate-driven food shocks.

The inaugural Resilient Food Systems Index (RFSI), by Economist Enterprise, supported by Cargill, ranks 60 countries on food system resilience across four pillars of affordability, availability, quality and safety and climate risk responsiveness. Singapore scores 73.0 overall. Ranking 9th out of 60 countries surveyed globally...

FMI Statement on April CPI Food Price Numbers

Today, FMI – The Food Industry Association commented on the April Consumer Price Index (CPI) numbers from the U.S. Bureau of Labor Statistics (BLS), which shows a 0.7% increase in food-at-home prices for April and a 2.9% increase over the last 12 months. FMI Vice President of Tax, Trade, Sustainability and Policy Development Andy Harig offered the following statement.

“The CPI numbers released today show a significant jump in food-at-home inflation. This was expected given global events, but nonetheless poses new challenges...

Day 27 of Iran War: Trump Asserts Talks Underway as War Continues

The US-Israeli war on Iran shows no sign of abating, with attacks growing more intense even as US President Donald Trump asserts that peace talks are underway, a claim Tehran has denied.

Trump has asserted that Iranian leaders want a deal but fear internal backlash, and the White House has warned it is prepared to “unleash hell” if Iran refuses a resolution.

Markets continue to react. Oil prices are climbing once more amid fading hopes of de-escalation, while analysts warn the war could disrupt global...