By David R. Sands
The Washington Times
April 19, 2008
China next week is doubling taxes on fertilizer exports to ensure supplies for domestic farmers. Egyptian President Hosni Mubarak ordered the army to start baking bread after deadly riots broke out in lines people waiting for food. Oil-rich Libya is discussing a deal to essentially rent a chunk of land-rich Ukraine on which it can grow its own wheat.
With food and fuel prices soaring, the world’s haves and have-nots are not waiting for the free market or global institutions such as the World Bank to make sure their people have enough to eat.
“A lot of countries are in trouble right now,” said Lester Brown, veteran environmentalist and president of the Washington-based Earth Policy Institute. “We’re seeing various efforts made by countries to ensure they have the food inputs they need.”
Soaring prices for wheat, rice, corn, palm oils and other staples have sparked food riots and reports of hoarding on four continents. Haitian Prime Minister Jacques Edouard Alexis was forced to step down last week because of violence linked to higher food costs, and U.N. and World Bank officials warn that more unrest is likely.