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World Food Bank Prices Are Rising

May 14th, 2008 · No Comments

 ”Afghan food sellers wait for customers at the market in Kabul, Afghanistan, on Tuesday. Afghanistan has allocated $50 million to buy food from neighboring countries, an official said Tuesday, amid skyrocketing prices of food staples like wheat.

LONDON - Ration cards. Genetically modified crops. The end of pile-it-high, sell-it-cheap supermarkets.

These possible solutions to the first global food crisis since World War II — which the World Food Program says already threatens 20 million of the poorest children — are complex and controversial. And they may not even solve the problem as demand continues to soar.

A “silent tsunami” of hunger is sweeping the world’s most desperate nations, said Josette Sheeran, the WFP’s executive director, speaking Tuesday at a London summit on the crisis.

The skyrocketing cost of food staples, stoked by rising fuel prices, unpredictable weather and demand from India and China, has already sparked sometimes violent protests across the Caribbean, Africa and Asia.

The price of rice has more than doubled in the last five weeks, she said. The World Bank estimates food prices have risen by 83 percent in three years.

“What we are seeing now is affecting more people on every continent,” Sheeran told a news conference.”

You can read the rest of the story here…….  http://www.msnbc.msn.com/id/24262084

Rising food prices are hitting every country and everyone.  No one should ever have to be without food.  I blame the rising food cost on the high oil prices, which is skyrocketing the gas prices. 

Angela

www.netwebmarketer.com/acemarketing

 

 


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Tags: In The News//Headlines

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