There is some reluctance by some in climate research to attribute any major factor in our climate on the Sun. The Sun effects our weather, so why not investigate correlations over time? What climate models predicted cooling while CO2 still rises?
Given the unusually low solar activity, a long minimum and lower activity at the start of the latest solar maximum cycle, this next delayed solar maximum may mean we will see some historic droughts.
Given the link between East African and central South American rainfall and solar activity, the list of economic impacts from the current solar minimum (Solar Cycles 24 and 25) can be expanded to:
1. Canadian agricultural will get a severe whacking from a shortened growing season and un-seasonal frosts.
2. 24 year drought in central South America
3. 24 year drought in East Africa
4. Paraguay and Brazil having severe power shortages.
This list is by no means exhaustive. The last time the world witnessed mass starvation was the 1965-67 drought in India which killed 1.5 million people. Things don’t look pretty.