Tuesday, April 22, 2008

Greed Fuels Food, Subprime Mortgage Crises By Arnaud de Borchgrave

With the world consuming more food than it produces and global grain stocks at their lowest in 30 years, food prices are soaring from Indonesia to Indiana. Some experts called it the perfect storm and others a tsunami.

More intense and more frequent weather disasters put an increasing number of people at risk of hunger. Food riots broke out in widely scattered parts of the world, even hounding the Haitian prime minister out of office.

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