Crisis talks on global food prices
- added May 27, 2008
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World leaders will meet next week to discuss how to stop the deaths of millions through hunger as food prices soar. The historic price spikes in the cost of staple foods has caused unrest and riots in 36 countries this year, with more expected to follow as experts predict the food import bill for developing countries to rise 40%.
The summit, hosted by the UN Food and Agriculture Organisation will discuss establishing a global food fund and a set of international guidelines for cultivating biofuels, which have been blamed for diverting various resources away from food production.
Gordon Brown has suggested that decreasing the subsidies paid to European and American farmers, which amounts to $1bn a day would go a long way to lowering food prices and supporting farmers in the third world. $1bn sure seems a lot of money subsidise western farmers when millions cannot eat.
FAO's assistant director general, Hafez Ghanem said "Food is no longer the cheap commodity that it once was. Rising food prices are bound to worsen the already unacceptable level of food deprivation suffered by 854 million people ... We are facing the risk that the number of hungry will increase by many more millions of people."
The summit, hosted by the UN Food and Agriculture Organisation will discuss establishing a global food fund and a set of international guidelines for cultivating biofuels, which have been blamed for diverting various resources away from food production.
Gordon Brown has suggested that decreasing the subsidies paid to European and American farmers, which amounts to $1bn a day would go a long way to lowering food prices and supporting farmers in the third world. $1bn sure seems a lot of money subsidise western farmers when millions cannot eat.
FAO's assistant director general, Hafez Ghanem said "Food is no longer the cheap commodity that it once was. Rising food prices are bound to worsen the already unacceptable level of food deprivation suffered by 854 million people ... We are facing the risk that the number of hungry will increase by many more millions of people."
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