“Let them eat ethanol”

“The causes of wheat shortages that have led to unrest in Egypt, Algeria, Tunisia, Jordan, Morocco and Yemen are multiple. This time around, factors have included stockpiling in China and India, drought in Russia, and price volatility caused by financial speculation. A long-term issue is how Asians have increasingly come to be able to afford higher priced wheat, leaving those in poorer traditional markets behind.”

read more here:

http://www.theaustralian.com.au/news/opinion/if-the-egyptians-are-hungry-let-them-eat-ethanol/story-e6frg6zo-1226005387096

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