Summary
THE global Food Wars have begun. At the start of January, the UN Food and Agriculture Organisation (FAO) reported that world food prices had reached a new high, surpassing the previous record in 2008, when there were riots in 30 countries because people could not afford to eat.
Within days of the FAO report, there were riots in Algeria protesting at a doubling in the price of sugar and cooking oil. At the weekend, the rioting spread to normally docile Tunisia, resulting in more than 30 deaths. In Egypt, where the price of bread has jumped 20 per cent, the government is trying frantically to insulate itself from these protests by importing food from - of all places - Ethiopia.See the full content of this document
Extract
Putting the Bite On Food Production
Also this week, onion traders at Delhi's main vegetable market went on strike in response to police raids on alleged hoarders. Double-digit food inflation is making life hard for India's poor.
Unseasonal rains have cut onion production sharply, making the lowly vegetabl...See the full content of this document
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