A long-time suspected virus that affects banana plantations is thought to have reached Colombia and might drive prices up. Bogota confirmed that 4 plantations in Northern Colombia have been quarantined due to possible infection of Fusarium: a fungus that kills plants by clogging their vascular system. This disease is already widespread in Asia, and it can wipe out entire plantations. Many countries in surrounding areas, as well as long-time producers, are on high alert.
The rise in prices of bananas will affect various different industries, this will later lead to a huge effect on the economy of various different countries whose economy is purely based on the production and exportation of bananas. If something like this was to happen, many countries will end up having to find a different way to raise their economy, or find a way to establish an economy based on something else.