Monday, September 6, 2010
UN calls special meeting to address food shortages amid predictions of riots | Environment | The Observer: "Last week, the UN's Food and Agriculture Organisation (FAO) called an emergency meeting for 24 September to discuss the food crisis. In Mozambique, riots broke out following the government's decision to raise bread prices by 30%, leaving seven people dead and hundreds injured. At the same time the Russian government extended its export ban on wheat by another 12 months as it battles drought, shortages and inflation at home, which threatens to push up prices further. European wheat prices hit more than €231 (�192) a tonne last week, just below last month's two-year high of €236 but still 60% higher than a year ago in sterling terms. Corn prices are at their highest level since June 2009 while sugar has been on a rollercoaster ride after hitting a 29-year peak in February."
at 5:46 PM