Update on Food Prices Rising
by Mike Bennett
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Today's Wall Street Journal reports:
"Urgent action is needed to ensure rising world food prices don't turn into a catastrophe, the United Nations said Tuesday, but it cautioned that panic buying and export restrictions aren't the solution. ...
"Last week, the World Bank said world food prices jumped 10% in July. ...
"Now food prices are expected to remain elevated for the foreseeable future 'as a consequence of increasing supply uncertainties,' the World Bank said. ...
"Rising food prices were cited for helping to spark unrest that saw the leaders of Tunisia, Egypt and Libya fall" ("U.N. Calls for Measures to Avert a Food Crisis," Sept. 5, 2012).
See more in our article "Food Prices Rising Around the World."
Date Posted: September 5, 2012
About the Author
Mike Bennett
Mike Bennett is editorial content manager for the Church of God, a Worldwide Association, in the Dallas, Texas, area. He coordinates the Life, Hope & Truth website, Discern magazine, the Daily Bible Verse Blog and the Life, Hope & Truth Weekly Newsletter (including World Watch Weekly). He is also part of the Personal Correspondence team of ministers who have the privilege of answering questions sent to Life, Hope & Truth.
