Increased bio-fuel production has contributed to the rise in food prices, according a new report from the World Bank. Concerns over oil prices, energy security and climate change have prompted governments to increase bio-fuel production and use leading to greater demand for raw materials including: wheat, soy, maize and palm oil.
“Poor people are suffering daily [...]
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World Bank says corn is for eating.
April 22, 2008Wake up call
April 22, 2008“For the middle classes, it means cutting out medical care. For those on $2 a day, it means cutting out meat and taking the children out of school. For those on $1 a day, it means cutting out meat and vegetables and eating only cereals. And for those on 50 cents a day, it means [...]