Article by John Schoen
http://www.msnbc.msn.com/id/41062817/ns/business-consumer_news
"Strained by rising demand and battered by bad weather, the global food supply chain is stretched to the limit, sending prices soaring and sparking concerns about a repeat of food riots last seen three years ago.
"Signs of the strain can be found from Australia to Argentina, Canada to Russia.
"On Friday, Tunisia's president fled the country after trying to quell deadly riots in the North African country by slashing prices on food staples.
..."We are entering a danger territory," Abdolreza Abbassian, chief economist at the U.N.'s Food and Agriculture Organization (FAO), said last week....
"The U.N.'s fear is that the latest run-up in food prices could spark a repeat of the deadly food riots that broke out in 2008 in Haiti, Kenya and Somalia. That price spike was relatively short-lived. But Abbassian said the latest surge in food stuffs may be more sustained. ..."
majia here: AND let us not underestimate the role of speculation in driving up food prices
"Farmland is the New Gold"
http://www.ipsnews.net/news.asp?idnews=54119
Subscribe to:
Post Comments (Atom)
-
The WSJ reports that the remaining operating reactor at Zaporizhzhia will likely be shut down, which will necessitate continuous re-suppli...
-
I just received a notification from Google that my post, "Pandemic Era Civil Rights Violations" was deleted for violating communi...
-
As I've explained previously, the Moderna vaccine caused life threatening injuries in half my family. Based on my personal experience an...
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.