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How To Solve The Global Food Crisis
By Mr Ethanol | April 25, 2008
BBC News:
The world economy has many problems but none more pressing than what is happening to food prices.
There have been food riots in Haiti, the Philippines, Ethiopia, Indonesia and several other nations.
Twenty thousand desperate textile workers in Bangladesh went on a rampage, giving rise to fears of wider instability, since the garment industry accounts for three-fourths of the country’s exports.
Global food prices have been rising over the last three years; but in the last few months they have spiralled out of control.
Over the last 12 months the average price of food has risen by 56%, with wheat rising by 92% and rice, the staple of half the world, by 96%.
This has given rise to the spectre of famine; and the crisis is being made worse through misdiagnosis. Continue reading.
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