WASHINGTON — The world’s economic ministers declared on Sunday that shortages and skyrocketing prices for food posed a potentially greater threat to economic and political stability than the turmoil in capital markets. The ministers,...
These days you hear a lot about the world financial crisis. But there’s another world crisis under way — and it’s hurting a lot more people. Skip to next paragraphI’m talking about the food crisis. Over the past few years the...
As everyone knows by this point, we are in the midst of a food crisis. Domestic prices of basic foods have risen by 46% over the past year, putting even more pressure on already stressed consumers. Overseas, food riots have occurred in Haiti, Cameroon,...
THE SKYROCKETING commodity prices that have made the Farm Belt one of the most prosperous regions of the United States have had a rather different impact on large areas of the developing world. Foodstuffs have gone up 41 percent in price since October...