Posts Tagged ‘Egypt’

Food Inflation: Cambodia at 24% Per Month, Reflects World Trend

April 19, 2008

By John E. Carey
Peace and Freedom

Last month the cost of food in Cambodia rose 24%.  At this rate, the cost of food will almost double every four months.  Yet pay is not rising at all: especially among the poor.

Cambodia’s rural poor, who make up over 80 percent of the population, are particularly at risk from inflation.

The international crisis in food costs continues to spread, the Voice of America is reporting.

Last Monday, President Bush released $200 million to feed the poor internationally in an effort to prop up flagging economies.  But this amount is insignificant in the face of the troubles now upon so many nations.

China has restricted fertilizer exports to allow for adequate resources at home, even as it subsidizes farmers.

Rice exports from Egypt through Vietnam to China have almost ceased, leaving importers like the Philippines in crisis.

A soldier delivers a bag containing food supplies to a man as ....
A soldier delivers a bag containing food supplies to a man as part of a government aid program in a shanty town on the outskirts of Lima early April 16, 2008.(Enrique Castro-Mendivil/Reuters)

David Sands of the Washington Times wrote for today’s editions, “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.”

The World Food Program’s Thomas Keusters said, “A lot of people who are now on the verge of surviving are going to face even more difficulties to make ends meet and really survive. This is condemning possibly a whole lot of generations because people will not go to school, people will not go into productive activities, because they will really be constrained by their search for food.”
A Somali women carries a sack of food aid on her head to her ....
A Somali women carries a sack of food aid on her head to her makeshift home on the road along the Juba river in southern Somalia near the village of Jamame December 6, 2006. A cholera outbreak in Kenya has killed 67 people so far this year, while a fungus has wiped out up to 20 percent of the country’s annual rice production, United Nations agencies said on Friday.REUTERS/Stephen Morrison/Pool

Related:
Food Shortages, Global Hunger Pushing Nations.

Food Shortage: More Bad News From China

Food Crisis in North Korea a “Disaster”

Food Shortages Causing Panic?

Advertisements

Food Shortages, Global Hunger Pushing Nations

April 19, 2008

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 soldier delivers a bag containing food supplies to a man as ...
A soldier delivers a bag containing food supplies to a man as part of a government aid program in a shanty town on the outskirts of Lima early April 16, 2008.(Enrique Castro-Mendivil/Reuters)
.
“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.
A Somali women carries a sack of food aid on her head to her ...
A Somali women carries a sack of food aid on her head to her makeshift home on the road along the Juba river in southern Somalia near the village of Jamame December 6, 2006. A cholera outbreak in Kenya has killed 67 people so far this year, while a fungus has wiped out up to 20 percent of the country’s annual rice production, United Nations agencies said on Friday.REUTERS/Stephen Morrison/Pool

Read the rest:
http://www.washingtontimes.com/apps/pbcs.dll/article?AID=/20080419/FOREIGN/660699805/1001