Wednesday, November 25, 2009

World

How Countries Worsen the Food Price Crisis

Extreme reactions like hoarding food and banning exports can make prices higher

Posted April 9, 2008

Philippines will boost rice production by seven percent this year, President Gloria Arroyo said, as it tries to protect itself against spiralling global food prices at the same time importing rice from Vietnam to avoid shortage. (Romeo Gacad/AFP/Getty Images)

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