Global Food Crisis Looms As Asia's Rice Bowl Empties and World Price Soars | |
Anonymous Coward User ID: 396816 United Kingdom 04/19/2008 12:36 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 396816 United Kingdom 04/19/2008 12:39 PM Report Abusive Post Report Copyright Violation | every month that goes by staple foods such as rice are going to get higher and higher in the west Quoting: Anonymous Coward 396816I wouldnt be shocked to see 500% mark ups and more in the coming months and total chaos and the news will be saying the economy is booming while people starve 1984 |
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Anonymous Coward User ID: 303149 United States 04/22/2008 01:07 PM Report Abusive Post Report Copyright Violation | Empty plates may further undermine President Gloria Arroyo's administration in a country where street protests toppled leaders in 1986 and 2001. Her approval rating dropped to 27 percent in March, the third straight quarterly decline, according to a survey by pollster Social Weather Stations. `Tipping Point' ``This could be the tipping point,'' said Earl Parreno, an analyst at Manila's Institute for Political and Economic Reforms. ``Her statements must cascade into concrete steps that would put food on a poor man's table.'' The National Bureau of Investigation is pursuing traders suspected of hoarding rice and officials who conspired to repackage subsidized grain for sale on the open market. The administration said this month it would spend 43.7 billion pesos through 2010 to boost rice production. |