GFM Network News

Rising Food Prices Bring Political Risks

Reading Time: 2 minutes Record food prices will hit the world’s poorest hardest, raising the risk of riots, export bans, foreign-owned farmland expropriation and further price spikes fuelled by short-term investors. The UN Food and Agriculture Organization said on Jan. 6 food prices hit a record high in December and could rise further on erratic global weather patterns. For […] Read more

Record-high food prices stoke fears for economy

(Reuters) –– Record-high food prices are moving to the top of policymaker agendas, driven by fears it could stoke inflation, protectionism and unrest and dent consumer demand in key emerging economies. The United Nations’ food agency (FAO) said Wednesday that food prices hit a record high last month, above 2008 levels when riots broke out […] Read more