Blog Report: FOOD CRISIS ON HORIZON? By Ambassador Mo
To prevent a crisis that could equal or even exceed 2007-2008 world food crisis, both immediate & longer-term concerns must be acted upon. Shorter term spikes need to be addressed by producers but also greater market transparency to counter speculation. Urban & rural poor & people in food import-dependent countries are most vulnerable to international commodity price increases because they spend largest proportions of incomes on food.