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Juli 09, 2008

The Food Price Crisis

[AFP]

The United Nations has described the threat of rising global food prices as a silent tsunami which threatens to push 100 million people into hunger.

Food prices have risen 80 per cent in the past three years, leading to social unrest in more than 33 countries, in a crisis the International Monetary Fund believes could destroy a decade of development gains and even lead to war.

An increase in westernised animal-rich diets across Asia, where more livestock need more grain; the push to convert crops into biofuels; and weather woes as droughts and floods hit crop producing nations have all led to increased demand and prices.www.radioaustralia.net.au

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