| What is RSS feed? | About Us |
 Search Score: 6/10
Source: www.msnbc.msn.com --- 2 days ago
Biofuels have forced global Food prices up by 75 percent, according to a confidential World Bank report published in a British newspaper on Friday. ... Source: au.rd.yahoo.com --- 2 days ago
Biofuels have forced global Food prices up by 75 per cent - far more than previously estimated, according to a confidential World Bank report. ... Source: money.uk.msn.com --- 2 days ago
...
Source: au.rd.yahoo.com --- 5 days ago
WASHINGTON (AFP) - Rocketing oil and Food prices are being felt around the globe and the surging inflationary pressures could worsen poverty, the International Monetary Fund warned Tuesday. ... Source: www.reuters.com --- 2 days ago
LONDON (Reuters) - Biofuels have forced global Food prices up by 75 percent -- far more than previously estimated -- according to a confidential World Bank report published in a British newspaper on Friday. ... Source: economictimes.indiatimes.com --- 5 days ago
A new IMF study, looking at the impact of soaring oil and Food costs, said many countries will likely have to change their economic policies. Gainers & Losers ... Source: news.ninemsn.com.au --- 1 day ago
04 Jul 2008 ... Source: www.propeller.com --- 3 days ago
The organic Food movement got its start in the 1960s, when increasing environmental awareness and concern about pesticides sparked a new demand for "green" products. Over the past 20 years, the market has grown exponentially, as more and more consumers are seeking safer, more eco-friendly Food alternatives. Channel: Food Tags: organic foods Food eco friendly green ... Source: uk.reuters.com --- 1 day ago
(Adds details and Zoellick comments in paragraphs 5 to 8) ... Source: www.salon.com --- 2 days ago
The Bush administration states that corn-based ethanol only accounts for 3 percent of global Food Price inflation. The USDA's chief economist disagrees -- he says biofuels add up to 10 percent of Food Price hikes. Other estimates have gone much higher -- but until today, the most How the World Works had seen anyone claim was 40 percent. But now the U.K.'s the Guardian is reporting that it has laid its hot hands on a confidential World Bank report that makes the astonishing claim that 75 percent of the surge in global Food prices can be attributed to biofuels. The figure emphatically contradicts the U.S. government's claims that plant-derived fuels contribute less than 3 percent to Food-Price rises. It will add to pressure on governments in Washington and across Europe, which have turned to plant-derived fuels to reduce emissions of greenhouse gases and reduce their dependence on imported oil. Senior development sources believe the report, completed in April, has not been published to avoid embarrassing President George Bush. "It would put the World Bank in a political hot-spot with the White House," said one yesterday. If true, biofuel mandates are without a doubt a "crime against humanity." We can only hold our breath and wait for the inevitable leakage of the full report and the ensuing feeding frenzy as the world feasts upon the data. But in the meantime, here's one clue as to how the World Bank came up with such huge numbers. ...
Source: www.independent.co.uk --- 2 days ago
Soaring world Food prices look set to force Gordon Brown into a U-turn over the use of crops such as corn, rapeseed, palm and soya to produce fuel as an alternative to petrol and diesel. ... Source: www.philly.com --- 5 days ago
DES MOINES, Iowa - Midwest floods may not contribute as much to Food inflation as was feared. Corn prices fell yesterday after the government surprised traders, reporting that farmers tried to cash in on soaring corn demand for ethanol by planting more acres of corn than the market expected. ... Source: www.fool.co.uk --- 5 days ago
David Kuo discusses how to beat Food Price inflation and avoid sneaky supermarket scams. ... Source: www.moreover.com --- 5 days ago
Prensa Latina Jun 30 2008 9:37PM GMT ...
Source: www.detnews.com --- 4 days ago
While we agree with the concerns in The Detroit News' June 23 editorial, "Repeal ethanol mandates to ease global Food shortage," over the Food crisis and flooding in the Midwest, its claims that ethanol mandates are causing Food prices to rise and its reference to ethanol policy as "bankrupt" are pointedly misleading. ... Source: www.physorg.com --- 2 days ago
Biofuels have caused world Food prices to increase by 75 percent, according to the findings of an unpublished World Bank report published in The Guardian newspaper on Friday. ... Source: www.abs-cbnnews.com --- 5 days ago
WASHINGTON - Rocketing oil and Food prices are being increasingly felt around the globe and surging commodity prices could worsen poverty in many poor countries, the International Monetary Fund warned Tuesday. ... Find more search results for Food Price on RSSMicro.com |
Copyright © 2008 RSSMicro.com
AFP - Biofuels have caused world Food prices to increase by 75 percent, according to the findings of an unpublished World Bank report published in The Guardian newspaper on Friday. ...
Biofuel production is a hot topic these days. A hot topic and a hot potato. While it can be argued that biofuel has its advantages, not least of which is having it stand in for fossil fuels, it does have its drawbacks. For one thing, when you use land and resources to raise plants to make fuel instead of Food, a tug-of-war is basically bound to happen. There is, after all, a limited space on the Earth to grow plants on. The US government under the Bush administration has claimed that plant-derived fuels contribute no more than 3 to inflation in Food prices. A leaked confidential report from the World Bank, however, says something else. According to the report, biofuels raise Food prices up by as much as 75 , grossly higher than what was estimated by the US government. It is believed that the report was suppressed as to spare the Bush administration the political pressure, and the embarrassment. The report basically states that as grains and vegetables are being used more for fuel rather than, well, Food, the end result is that the Price of Food (for eating) goes higher. Many countries might not feel the full effects of the inflation, but poorer countries will. Not that I'm against biofuels. I just want to pose the question: can the world afford it? And I'm not just talking money. Related articles: Greenpeace, Oxfam: UK biofuel rule will do more harm than good UN cautions against Biofuel, poses environmental risk Fuel up your engine... ...
Research Recap submits: Commodity Price inflation is the cause of serious hardship, especially in poorer countries, but the International Monetary Fund warns against measures to insulate consumers from its effects. In a new analysis of the macroenomic effects of higher oil and Food prices, the IMF suggests a number of approaches to mitigating the effects without distorting trade or creating other imbalances. The IMF notes that possible further increases in Food and fuel prices in 2008 and 2009 suggest that a large number of countries are likely to encounter significant strains on their balance of payments. Complete Story » ...