Submitted by luxnet23 on Mon, 02/21/2011 - 04:09
In 2008, speculation in the world markets led to a peak rise in the prices of food commodities, as measured by the FAO Food Price Index (cf. Figure 1), and hunger riots in several countries in Africa (including Egypt), Indonesia and Haiti. Demonstrations were harshly repressed with ''security'' forces, including the UN in the latter, opening fire on protesters The falling prices of financial stocks encouraged investors to make money with these foodstuffs, essential to human lives, and gave way to a “silent Tsunami”, as a representative of the World Food Program (UN) labeled it.
