Inflation, Global Food Prices | featured news

Drought, food prices fan fears of new crisis

Food Crisis

Global alarm over a potential repeat of the 2008 food crisis escalated on Thursday after data showed food prices had jumped 6 percent last month and importers were snapping up a shriveled U.S. grain crop, helping drive corn prices to a new record.

 

World food prices 'to stay high'

World food prices 'to stay high'

Global food prices will remain high and volatile as record food production will only just meet demand, according to the UN.

 

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