rice

Cost of Rice Latest Indicator of Food Risk

Topics: Energy and Oil
Photo: Thatcher Cook for Mercy Corps
Photo: Thatcher Cook for Mercy Corps

Rising rice prices have created new problems for those countries, mostly in Asia, which depend on a large, inexpensive supply of the food, according to the Financial Times. This week, prices hit a 20-year high, "prompting importing countries to seek assurances on supplies."

Analysts have attributed the surge in rice prices to bad weather that has hit supply; urbanisation that has cut the acreage given over to cultivating the grain; and strong demand on the back of rapid income growth in China, India and other Asian countries...Asia has not known famines since the 1970s, and recent price rises for rice and other basic foodstuffs have sparked unrest.

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Breaking News

Despite High Gas Prices, Europeans Find Driving a Hard Habit to Break

International Herald Tribune - Fri, 08/29/2008 - 14:23
That raises questions as to how effective high prices by themselves can be in achieving the ambitious targets for reducing carbon dioxide emissions that European leaders have committed themselves to meeting.

Japan Unveils $16.5 Billion Economic Stimulus Plan

International Herald Tribune - Fri, 08/29/2008 - 14:23
The package will include income tax cuts, financial aid to businesses and discounts for expressway tolls, Kyodo News reported, citing lawmakers.

Israel-Palestine: Scheme to give Israelis "wet jobs" in construction in place of Palestinians

IRIN News - Fri, 08/29/2008 - 16:45
If the Israeli Ministry of Finance manages to push through some reforms as part of the proposed 2009 budget, there may soon be almost no Palestinian workers in Israel's construction sector.

Asia Seeks Its Own Trade Deals

Wall Street Journal - Thu, 08/28/2008 - 19:45
Southeast Asian nations reached free-trade agreements with India, Australia and New Zealand and aimed to seal an investment pact with China.

Malawi: Cheer and Concern Over Ban on Private Sale of Maize

IRIN News - Fri, 08/29/2008 - 01:44
Ordinary Malawians, cheered by the prospect of cheaper food, have welcomed government's ban on the private trading of maize, but food security experts and businesses have expressed concern.

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