The weekend has brought a host of articles about the global impacts in a sudden surge in the price of rice in the last two weeks the global price of rice has risen by 50%. Last Friday alone the price rose by 10%, which is due to have some very serious social consequences across the world. As urbanisation has risen, many of those who live in urban areas have switched to rice as a staple and many people are ill-prepared to meet these dramatic rises in prices. Countries as diverse as Nigeria, Vietnam and the Philippines are taking drastic measures to contain the problem.
Food Riots?
7 04 2008Comments : Leave a Comment »
Tags: commodity prices, Farming, Food, prices
Categories : Farming, Food, food prices
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