Who’s Really to Blame for Rising Oil?

This might be the worst kind of oil spill. The bubbly high price of oil has spilled over into food and the damage appears to be life threatening. Somalia is the latest to join the growing list of African countries where rising food prices have led to violence. A sack of rice that sold for $32 only one month ago is now going for $52. Over one billion Asians are requiring assistance to weather the effects of the soaring price of food around the globe. Haruhiko Kuroda, the Chinese bank’s president, said an erosion of purchasing power has put Asia’s poor at risk of hunger and malnutrition and could
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