Lashkar Commander Musa Killed in Budgam Encounter; Ex-Pak SSG Commando Wiped Out

Addressing an event in New York, External Affairs Minister S. Jaishankar warned that ongoing conflicts in Ukraine and the Middle East are causing severe disruption across Global South economies. He cautioned that food security, energy supplies, and fertilizer availability face compounding pressures due to geopolitical tensions and adverse weather events such as El Niño. The remarks prompted political debate in India, with the Congress claiming vindication for Lok Sabha Leader of Opposition Rahul Gandhi, who previously cautioned against an impending economic tsunami.

The broadcast details the quadruple global shock across food, fuel, fertilizers, and finance, highlighting risks from shipping lane disruptions, export restrictions, and tightening financial conditions. It further breaks down how El Niño threatens monsoon rains, agricultural yields, and irrigation, raising concerns over potential domestic and global price hikes.