CNN: Rising Energy Costs Threaten 141 Million People Around World with Extreme Poverty

CNN, a US news network, said that a new report warned that the energy crisis caused by the Russian-Ukrainian war could push 141 million people around the world into extreme poverty, according to Nature Energy Magazine.

Researchers from the Netherlands, Britain, China, and the United States used models to look at the effects of higher energy prices in 116 countries around the world.

The researchers found that household spending increased to 4.8% on average, with higher prices for coal and natural gas, in the wake of the Russian invasion of Ukraine, adding to the increases After the Corona epidemic.

In low-income countries, the report found that the poorest households, who already face severe food shortages, are at greater risk of falling into poverty because of higher energy prices.

The rise in energy prices caused by the crisis in Ukraine has also led to an increase in the costs of essential food commodities. Compared to a year earlier, the price of eggs in the United States increased by 70.1%, margarine by 44.7%, butter by 26.3%, flour by 20.4%, bread by 14.9%, sugar by 13.5%, milk by 11% and chicken by 10.5%.