Unrest risk due to rising food prices

The credit insurer Allianz Trade has investigated in which countries the risks of social unrest due to rising food prices are particularly high. Eleven countries that are net importers of food or rely on imports of foodstuffs that have become scarce, such as grain, are particularly at risk, the credit insurer writes in a study. Those countries are Algeria, Tunisia, Bosnia-Herzegovina, Egypt, Jordan, Lebanon, Nigeria, Pakistan, Philippines, Turkey and Sri Lanka, it said. The insurer also classifies Saudi Arabia and China as at risk, although the risk there is still somewhat lower because the two countries have more solid finances.