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The S.E.C. moves closer to enacting a sweeping climate disclosure rule.



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The war in Ukraine has delivered a shock to global energy markets. Now the planet is facing a deeper crisis: a shortage of food.A crucial portion of the world’s wheat, corn and barley is trapped in Russia and Ukraine because of the war, while an even larger portion of the world’s fertilizers is stuck in Russia and Belarus. The result is that global food and fertilizer prices are soaring. Since the invasion last month, wheat prices have increased by 21 percent, barley by 33 percent and some fertilizers by 40 percent.Now economists, aid organizations and government officials are warning of the repercussions: an increase in world hunger.The looming disaster is laying bare the consequences of a major war in the …

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