RIO DE JANEIRO, BRAZIL - The impact of the war in Ukraine, especially the rise in energy and food prices due to sanctions against Russia, will push poverty to 33.7% this year and extreme poverty to 14.9%, up 1.6% and 1.1% respectively from 2021. This was the warning issued Monday by the Economic Commission for Latin America and the Caribbean (ECLAC).
The Santiago de Chile-based regional organization said in its report, "Impact of the war in Ukraine on Latin America and the Caribbean: How can we face this new crisis?" that the conflict will add 7 . . .