Alarm is Growing About Rising Food Prices
As the prices of basic food staples soar, the world’s poor are getting ever-hungrier and increasingly vulnerable. Furthermore, the World Food Program (WFP) is experiencing exponential growth in expenditures, informs the Economist. While 850 million people go critically hungry daily in poor countries, the rich world is concerned about 1.1 billion obese and higher incidence of cardio-vascular diseases. The unequal distribution of food is exacerbated by farm subsidies in wealthy regions like the European Union, and also by the use of crops like sugar and corn for producing biofuel. Moreover, market liberalization and increased demand in China and India also contribute to food scarcity. Food prices seem likely to remain high, and this time, even wealthier nations like Italy are suffering the consequences.
The Economist, November 3, 2007
Wed, Jan 30th 2008, 16:51
Donald Stadler, Self-employed, Diamond Contributor (1052)
Thisd sounds like ballocks to me. Yes food prices are up and may go further, but it's incrediby irresponsbible to write such a passage without providing a timeline. The world's poor are getting ever-hungier - since when? 1950? Probably not. Last October? Possibly.