Rising Food Prices Worldwide
From the AP wire… “From subsistence farmers eating rice in Ecuador to gourmets feasting on escargot in France, consumers worldwide face rising food prices in what analysts call a perfect storm of conditions. Freak weather is a factor. But so are dramatic changes in the global economy, including higher oil prices, lower food reserves and growing consumer demand in China and India.
The world’s poorest nations still harbor the greatest hunger risk. Clashes over bread in Egypt killed at least two people last week, and similar food riots broke out in Burkina Faso and Cameroon this month.” To read the rest of this article, please click here.
July 14th, 2008 at 12:22 am
The prices of food items are rising worldwide. The whole global economy is affecting from the rising of prices of food items whether it is America, Egypt or India. The great Indian middle class is responsible that.
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jerry
Addiction Recovery Idaho