FAO report on Soaring Food Prices denies murderous effects of food speculation
FAO staff experts produced a report for the Rome
"high-level" conference, released May 28, "Soaring Food Prices:
Facts, Perspectives, Impacts, and Actions Required." The 50-page
carries out a facts-and-figures expose of biofuels production and
the havoc it is wreaking on food prices worldwide. It identifies
22 countries, almost all in Africa other than Haiti and North
Korea, which are vulnerable to devastation by combined {import}
needs for hyperinflated oil products, fertilizers, and
hyperinflated food products. But the report overall is market-
and price-obsessed, seeing the inflated food prices as a
"long-term opportunity for agricultural expansion." It does not
take the urgently necessary approach of Helga Zepp-LaRouche's
Schiller Institute call, and of a few world leaders going into
the Rome conference -- of doubling food production and meeting
the sufficiency needs of each nation.
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