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To explain how the closure of the Strait of Hormuz creates a ripple effect on the global economy, Natuza Nery talks to José Roberto Mendonça de Barros, founder and partner of the consultancy MB Associados. He, who was secretary of economic policy at the Ministry of Finance between 1995 and 1998, also comments on the impacts of the war on the production and distribution of natural gas and fertilizers, and how this affects the economies of Brazil and the United States, including a possible increase in food prices.
