Rising temperatures are threatening Georgia’s farms, energy supply and banking sector, with experts warning that the country has a narrow window to prepare before the economic costs grow significantly.
Britain’s unemployment rate has risen to 5% as the government urges supermarkets to cap prices on essentials including bread, eggs and milk amid mounting pressure over the cost-of-living crisis.
The Middle East conflict is pushing up energy prices and feeding into UK food costs, with businesses warning the impact is reaching consumers through everyday grocery bills.
A growing number of extreme climate events are inflating food prices around the world, with new research showing that key crops such as coffee, cocoa, rice and vegetables have seen sharp increases due to weather shocks.
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