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U.N. says markets are to blame for world food crisis [View All]

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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-11-08 04:46 AM
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U.N. says markets are to blame for world food crisis
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Source: Yahoo

BRASILIA (Reuters) - Global investment funds and the weak dollar are largely to blame for high world food prices, a senior official of the United Nation's Food and Agriculture Organization said on Thursday.

"The crisis is a speculative attack and it will last," said Jose Graziano, the UN food and farm organization's regional representative for Latin America and the Caribbean.

"This is not a conspiracy theory," he said.



Read more: http://news.yahoo.com/s/nm/20080410/wl_nm/brazil_un_food_dc
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