When War, El Nino, and Food Prices Meet: 'First Prepare, Then Eat' Through the I Ching
On August 5, 2026, the chief economist of the UN Food and Agriculture Organization (FAO) warned that the world may be entering a new food-price upcycle. In July, the FAO Food Price Index reached 131.1, a three-year high. War, extreme weather, and El Nino now appear in one frame: conflicts in Iran and Ukraine push up energy and fertilizer costs, while El Nino weighs on output in major growing regions.
Read MoreKOSPI in One Year: Reading South Korea's Stock Market Through the I Ching's Fullness and Emptiness
The Korea Composite Stock Price Index (KOSPI) has taken a route few predicted over the past year: past 3,000 in June 2025, past 4,000 in October, closing 2025 at 4,214. In 2026 it moved through 5,000, 6,000, and 8,000, first touching 9,000 intraday on June 18 and reaching an all-time high of 9,114.55 on June 22. Then came the reversal. By July 30 the index was 38.63% below its peak, erasing about 2,877 trillion won of market value in 38 days — more than South Korea’s annual GDP. On July 31 it rebounded 17.91%, its largest one-day gain ever, to close at 6,595.45.
Read MoreGrandma's Love Letter: Three Hexagrams for a Feeling Hidden by Time
Grandma’s Love Letter is a quiet film, the kind that doesn’t announce itself. A young person helps their grandmother sort through old belongings and finds a letter. The handwriting is unfamiliar. The date is old. The envelope is addressed to Grandma — but it has never been sealed. The paper is filled with things one era needed to say to another. Grandma never learned to read. She never read that letter. She tucked it inside an old handkerchief and pressed it to the bottom of a wooden chest. She kept it there for years, so quietly that even the dust seemed to be in on the secret.
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