Tag Archives: food inflation

on FOOD

lots of pressures on the world right now, in that light we bring you a collection of articles from around the world on the topic of food, food inflation and possibility of more food riots …………

from ghana web:

“The ongoing popular uprisings in North Africa and the Middle East poses the question if other developing countries, including Ghana, may experience similar or other forms of uprisings in the light of the imminent global food crisis of 2011. ”

“In order to answer this question one needs to look at the underlying drivers for the uprisings in both 2008 and now.
The 2008 Food Crisis
Global riots and unrest
In 2008 riots from Haiti to Bangladesh to Egypt over the soaring costs of basic foods have brought the issue to a boiling point and catapulted it to the forefront of the world’s attention.”

read it here:

http://www.ghanaweb.com/GhanaHomePage/NewsArchive/artikel.php?ID=204866

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from business world india:

The thousands of protesters who assembled in New Delhi in the last week of February to demand lower food prices have gone back and the feverish rise in prices seems to have cooled. Officials may be heaving a sigh of relief, but the relief may only be temporary. Food insecurity may become the new normal not just in India, but for the world. While the problem is global, however, it is national governments who need to deal with hunger and food riots.

read it here:

http://www.businessworld.in/bw/2011_03_12_Lets_Avoid_Food_Riots.html

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from rediff: top 1o importers and exporters of food

read it here:

http://www.rediff.com/business/slide-show/slide-show-1-worlds-top-10-exporters-and-importers-of-food/20110315.htm

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from the star:

“Food inflation is rampant the world over. In Tunisia — and to some extent in Egypt — it actually led to the toppling of the government following riots over high food prices. West Asia and North Africa too have seen similar — and huge — protests over the hardships people are faced with due to runway inflation.”

read it here:

http://thestar.com.my/lifestyle/story.asp?file=/2011/3/6/lifefocus/8168530&sec=lifefocus

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from business world manila:

“The genomes of most major crops have been sequenced and we, therefore, see the possibility of a major agricultural revolution. With the right technology, sensible food policies, proper investments in poor countries, and common-sense food consumption in rich countries, the world can avoid becoming a “basket case” and transform itself into a “bread basket.”

read it here:

http://www.bworldonline.com/content.php?title=Basket%20case%20to%20bread%20basket?&id=27960

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and from foreign policy:

“As France assumes the presidency of the G-20 this year, trouble is brewing in the commodities markets. During our country’s leadership over the next nine months, we are determined to head off crisis before it strikes the world’s poor, as high food and oil prices did just three years ago.”

read it here:

http://www.foreignpolicy.com/articles/2011/03/14/how_the_g20_can_prevent_a_food_crisis

“Stop the Global Land Grab”

is it safe to say that food prices and food inflation will be talked about for years to come?…………..you betcha

“NGOs don’t mobilise people, desperation mobilises people,” said a Cambodian land activist as he related the experience of Boeung Kak villagers who were driven off their land by their own government to make way for corporate profiteering.”

“Land grabbing emerged as the hot topic in this year’s forum. The phenomenon is defined as taking possession of and/or controlling a scale of land for commercial or industrial agricultural production, which is disproportionate in size in comparison to the average land holding in the region. Stories from Madagascar, Democratic Republic of Congo, Mali, India, Brazil and Mozambique illustrate that the phenomenon is widespread and the consequences can be dire. Land investments from overseas to secure food supplies and biofuels, speculation and resource extraction are the major drivers of this phenomenon.”

read more here:

http://www.guardian.co.uk/commentisfree/2011/feb/12/global-land-grab-farmers

“Inflation might just become the next crisis to hit the globe, according to UBS Investment Bank’s senior economic advisor, George Magnus.”

hello…………….. INFLATION IS A MAJOR PROBLEM RIGHT NOW. pakistan has 20% food inflation right now!  inflation will continue to be a problem as the federal reserve bank continues to print dollars and debase our currency.

read more here:

http://www.channelnewsasia.com/stories/economicnews/view/1108501/1/.html