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Page added on April 13, 2008

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World Bank echoes food cost alarm

…Food prices have risen sharply in recent months, driven by increased demand, poor weather in some countries that has ruined crops and an increase in the use of land to grow crops for transport fuels.

The price of staple crops such as wheat, rice and corn have all risen, leading to an increase in overall food prices of 83% in the last three years, the World Bank has said.



The sharp rises have led to protests and unrest in many countries, including Egypt, Ivory Coast, Ethiopia, the Philippines and Indonesia.


In Haiti, protests last week turned violent, leading to the deaths of five people and the fall of the government.


In the capital, Port-au-Prince, a UN peacekeeper from Nigeria was fatally shot on Saturday.


BBC



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