Daily Archives: April 27, 2008

1 post

The New Economics of Hunger

[P]rices for corn, soybeans, wheat, oats, rice and other grains began shooting through the roof… food [is] becoming the new gold…. For the 1 billion living on less than a dollar a day, it is a matter of survival. In a mud hut on the Sahara’s edge, Manthita Sou, a 43-year-old widow in the Mauritanian desert village of Maghleg, is confronting wheat prices that are up 67 percent on local markets in the past year. Her solution: stop eating bread…. The root cause of price surges varies from crop to crop. But the crisis is being driven in part by […]