Posted in Nicaragua News on May 23rd, 2008 2 Comments »
In this Financial Times article, the UN is expected to make public a report stating that inflated food prices will persist for the next 10 years thanks to higher demand of commodities especially in emerging economies like China.
It seems that the new reality is that higher food prices will be the norm. Alexander Müller, of [...]
Another day and more media coverage on the deepening world food crisis. Today, it’s the continuation of the UN’s plea for support of the World Food Programme and urging world governments to help with the shortfall in money the WFP is suddenly facing due to the surge in commodity prices.
Also announced today is the formation [...]
Posted in Nicaragua News on Apr 24th, 2008 No Comments »
As I have been reporting here on Nicaragua Hope, increasing cost of food is hitting poor Latin American countries hard. Securing a reliable food supply is increasingly difficult given an increase in global population, thirst for alternative fuels (corn is used to make ethanol fuels), and surging fuel cost.
Just yesterday, the UN’s World Food [...]
Another day and another article has been published about the effects of increasing food and commodity prices on developing nations, especially countries like Haiti, Bolivia, and Nicaragua.
Technorati Tags: food, commodity, price, developing nations, Haiti, Bolivia, Nicaragua