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Thursday, September 25, 2008

The Freeman: Eating Disorder: How Governments Raise Food Prices


Higher food prices may be frustrating Americans, but they are literally killing people in the least industrialized parts of the world. Hundreds of millions of the world's poorest people–who live close to starvation even in good years–are facing malnutrition and chronic hunger. The absolute poorest are facing death.

In the 12 months leading to March 2008, the United Nations Food Price Index rose more than 52 percent. Last year global wheat prices rose 120 percent. In Bangladesh it now takes half-a-day's labor for a poor family to afford a 4.4-pound bag of rice. More . . .

A NEW article by Arthur E. Foulkes