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Riots, instability spread as food prices skyrocket

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posted on Apr, 14 2008 @ 03:40 PM
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Riots, instability spread as food prices skyrocket


www.cnn.com

"In just two months," Zoellick said in his speech, "rice prices have skyrocketed to near historical levels, rising by around 75 percent globally and more in some markets, with more likely to come. In Bangladesh, a 2-kilogram bag of rice ... now consumes about half of the daily income of a poor family."

The price of wheat has jumped 120 percent in the past year, he said -- meaning that the price of a loaf of bread has more than doubled in places where the poor spend as much as 75 percent of their income on food.

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posted on Apr, 14 2008 @ 03:40 PM
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The article says that the U.S. gave $10 million to Haiti. Just wondering, when we give that much money away, do the government actually utilize that money for aid?

www.cnn.com
(visit the link for the full news article)



posted on Apr, 14 2008 @ 03:46 PM
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They won't if these people keep destroying their communities and government property. If those governments are already strapped then they'll most likely use the additional money to hire police to stop the riots and materials to make repairs to government buildings damaged by the rioters.



 
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