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The crippling of the multilateral trading system
As of today (Dec. 10), the dispute settlement mechanism of the World Trade Organization (WTO) has been crippled, as its Appellate Body (AB) has been left with less than three members on the seven-member body. The U.S. government has blocked the WTO from appointing new members, leaving the AB without the minimally required number of judges to hear appeals in trade disputes.
Food Price Index Reaches 26-Month High
The FAO Food Price Index reached a 26-month high in November and rose almost 10 percent above November 2018 levels. This significant increase was driven mostly by meat and vegetable oil prices.
Special Event: Webinar on new Global Foresight for Food and Agriculture Tool
Join the Food Security Portal (FSP), the International Food Policy Research Institute (IFPRI), and the CGIAR Research Program on Policies, Institutions, and Markets (PIM) in the launch of the global foresight tool Impacts of Alternative Investment Scenarios. The tool was recently developed by IFPRI’s IMPACT model team and the FSP. The Global Foresight tool provides researchers and policymakers with a flexible way to explore the impact of various agricultural investment scenarios on agricultural production, productivity, and hunger for the period 2010-2050.
Policy Transformation for Achieving the SDGs
Achieving the Sustainable Development Goals (SDGs) by 2030 will take major transformations of the agricultural sectors of developing economies. These transformations of food and agricultural systems—or delays in carrying them out—will have direct and indirect implications for multiple SDGs. An important first step is overhauling countries’ policy systems and reorienting them towards evidence-based policy making.