Syndicate content

food

Food Prices and the 7 Billionth Baby

Otaviano Canuto's picture

Photo: World BankTurmoil is not solely circumscribed to Wall Street and stock markets around the world. Volatility is also affecting global food prices, and with them, millions of people in developing countries. So, just as the world marks the birth of the 7 billionth baby this week, his or her family might be struggling to put food on the table.

The Poor Are Paying the Price of the Food Cost Spike

Otaviano Canuto's picture

2008 is so last decade. And yet, the recent hike in food prices is bringing food costs near the dangerous levels of that year, creating enormous vulnerabilities in developing countries.